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Block 22 Havelock Road

3 Room · Built 1969 · 42 years remaining lease · Updated May 2026 MOP Cleared

Block 22 Havelock Road has 44 recorded HDB resale transactions since 2017. Latest sale: $360,000 (May 2026, 3 room, floors 04–06). Median $5,453/sqm. Prices up 22% over the past five years. Built 1969, 42 years lease remaining.

Latest Sale
$360,000
May 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$5,453
Based on 44 transactions
Total Transactions
44
Since Jan 2017
5-Year Trend
▲ +22%
Median price change
Median Price ?
Top 82%
#295 / 360 Top 82%
Latest Sale ?
Top 89%
#322 / 360 Top 89%
Value ($/sqm) ?
Top 78%
#280 / 360 Top 78%
5-Year Growth ?
Top 59%
#168 / 283 Top 59%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+4.1%/yr
vs
Lease Decay
−1.07%/yr
Growth assumption
Based on this block’s +22% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 42 years remaining 99 years
42 years 3 months
Remaining lease
↓ 1.07%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 42 years remaining, decay is accelerating (~1.07%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,600–$3,250 9.3% 27 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 04 TO 06 3 ROOM 64 sqm $360,000 $5,625
Dec 2025 07 TO 09 3 ROOM 64 sqm $408,000 $6,375
Nov 2025 10 TO 12 3 ROOM 64 sqm $388,000 $6,063
Nov 2025 13 TO 15 3 ROOM 73 sqm $448,000 $6,137
Sep 2025 01 TO 03 3 ROOM 64 sqm $388,000 $6,063
Apr 2025 16 TO 18 3 ROOM 64 sqm $400,000 $6,250
Feb 2025 10 TO 12 3 ROOM 64 sqm $373,888 $5,842
Dec 2024 07 TO 09 3 ROOM 64 sqm $395,000 $6,172
Nov 2024 01 TO 03 3 ROOM 64 sqm $410,000 $6,406
Aug 2024 13 TO 15 3 ROOM 64 sqm $370,000 $5,781
Feb 2024 16 TO 18 3 ROOM 64 sqm $400,000 $6,250
Jul 2023 04 TO 06 3 ROOM 64 sqm $345,000 $5,391
Jun 2023 10 TO 12 3 ROOM 64 sqm $350,000 $5,469
May 2023 13 TO 15 3 ROOM 64 sqm $345,000 $5,391
May 2023 10 TO 12 3 ROOM 64 sqm $380,000 $5,938
Apr 2023 07 TO 09 3 ROOM 64 sqm $348,000 $5,438
Aug 2022 10 TO 12 3 ROOM 64 sqm $330,000 $5,156
Jul 2022 07 TO 09 3 ROOM 64 sqm $345,000 $5,391
Jul 2022 16 TO 18 3 ROOM 64 sqm $380,000 $5,938
Jan 2022 10 TO 12 3 ROOM 64 sqm $345,000 $5,391
Showing 20 of 44 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 22 Havelock Road

Block 22 at Havelock Road is a residential HDB block in Bukit Merah, Singapore, built in 1969 with approximately 42 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $278,000 to $448,000 based on 44 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $360,000 in 2026-05. The current median price per square metre is $5,453. Over the past five years, resale prices at this block have increased by approximately 22%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7662, with an annual lease decay rate of approximately 1.07%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 22 Havelock Road worth?

The most recent resale transaction at Block 22 Havelock Road was $360,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $5,453, based on 44 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 22 Havelock Road?

Block 22 Havelock Road was built in 1969 and has approximately 42 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.07%, meaning the leasehold value decreases by approximately 1.07% per year at the current remaining lease.

What flat types are available at Block 22 Havelock Road?

Block 22 Havelock Road in Bukit Merah contains 3 room flats. Resale prices range from $278,000 to $448,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 22 Havelock Road gone up or down?

Resale prices at Block 22 Havelock Road have increased by approximately 22% over the past five years. The current median price is $354,000, with the most recent sale at $360,000 in 2026-05.

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