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Block 16 Joo Seng Road

4 Room · 5 Room · Built 1984 · 56 years remaining lease · Updated Mar 2026 MOP Cleared

Block 16 Joo Seng Road has 20 recorded HDB resale transactions since 2017. Latest sale: $858,888 (Mar 2026, 5 room, floors 16–18). Median $5,341/sqm. Prices up 55.1% over the past five years. Built 1984, 56 years lease remaining.

Latest Sale
$858,888
Mar 2026 · 5 ROOM · Floor 16-18
Median $/sqm
$5,341
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +55.1%
Median price change
Median Price ?
Top 33%
#99 / 296 Top 33%
Latest Sale ?
Top 32%
#95 / 296 Top 32%
Value ($/sqm) ?
Top 55%
#162 / 296 Top 55%
5-Year Growth ?
Top 2%
#4 / 220 Top 2%
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
+9.2%/yr
vs
Lease Decay
−0.58%/yr
Growth assumption
Based on this block’s +55.1% 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 56 years remaining 99 years
56 years 10 months
Remaining lease
↓ 0.58%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.58%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Toa Payoh average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,650 typically $3,250–$4,000 4.4% Toa Payoh avg · block too thin
5-Room $4,000 typically $3,600–$4,300 4.6% Toa Payoh avg · block too thin
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

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

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
Mar 2026 16 TO 18 5 ROOM 132 sqm $858,888 $6,507
Nov 2025 10 TO 12 5 ROOM 132 sqm $820,000 $6,212
Aug 2025 04 TO 06 5 ROOM 132 sqm $838,000 $6,348
Apr 2025 16 TO 18 5 ROOM 132 sqm $830,000 $6,288
Jan 2025 16 TO 18 5 ROOM 132 sqm $800,000 $6,061
Jul 2024 10 TO 12 5 ROOM 132 sqm $770,000 $5,833
Mar 2024 04 TO 06 5 ROOM 132 sqm $750,000 $5,682
Nov 2023 04 TO 06 5 ROOM 132 sqm $720,000 $5,455
Jun 2023 07 TO 09 5 ROOM 132 sqm $760,000 $5,758
Apr 2023 07 TO 09 5 ROOM 132 sqm $725,000 $5,492
Aug 2022 13 TO 15 5 ROOM 132 sqm $690,000 $5,227
Jun 2021 04 TO 06 5 ROOM 132 sqm $530,000 $4,015
Jun 2021 13 TO 15 5 ROOM 132 sqm $560,000 $4,242
Jan 2021 07 TO 09 5 ROOM 132 sqm $535,000 $4,053
Aug 2020 16 TO 18 5 ROOM 132 sqm $545,000 $4,129
Jul 2020 13 TO 15 4 ROOM 113 sqm $495,000 $4,381
Jul 2020 13 TO 15 5 ROOM 132 sqm $550,000 $4,167
Nov 2019 16 TO 18 5 ROOM 132 sqm $550,000 $4,167
Apr 2018 10 TO 12 5 ROOM 132 sqm $545,000 $4,129
Feb 2018 07 TO 09 5 ROOM 132 sqm $585,000 $4,432
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 16 Joo Seng Road

Block 16 at Joo Seng Road is a residential HDB block in Toa Payoh, Singapore, built in 1984 with approximately 56 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $495,000 to $858,888 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 16 TO 18 sold for $858,888 in 2026-03. The current median price per square metre is $5,341. Over the past five years, resale prices at this block have increased by approximately 55.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8585, with an annual lease decay rate of approximately 0.58%. 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 16 Joo Seng Road worth?

The most recent resale transaction at Block 16 Joo Seng Road was $858,888 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $5,341, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 16 Joo Seng Road?

Block 16 Joo Seng Road was built in 1984 and has approximately 56 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.58%, meaning the leasehold value decreases by approximately 0.58% per year at the current remaining lease.

What flat types are available at Block 16 Joo Seng Road?

Block 16 Joo Seng Road in Toa Payoh contains 4 room, 5 room flats. Resale prices range from $495,000 to $858,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 16 Joo Seng Road gone up or down?

Resale prices at Block 16 Joo Seng Road have increased by approximately 55.1% over the past five years. The current median price is $705,000, with the most recent sale at $858,888 in 2026-03.

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