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Block 8 Joo Seng Road

5 Room · Executive · Built 1995 · 68 years remaining lease · Updated Oct 2025 MOP Cleared

Block 8 Joo Seng Road has 14 recorded HDB resale transactions since 2017. Latest sale: $918,000 (Oct 2025, 5 room, floors 04–06). Median $5,075/sqm. Prices up 28.1% over the past five years. Built 1995, 68 years lease remaining.

Latest Sale
$918,000
Oct 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$5,075
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
▲ +28.1%
Median price change
Median Price ?
Top 38%
#112 / 296 Top 38%
Latest Sale ?
Top 26%
#77 / 296 Top 26%
Value ($/sqm) ?
Top 62%
#184 / 296 Top 62%
5-Year Growth ?
Top 66%
#145 / 220 Top 66%
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
+5.1%/yr
vs
Lease Decay
−0.37%/yr
Growth assumption
Based on this block’s +28.1% 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 68 years remaining 99 years
68 years 6 months
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
5-Room $3,800 typically $3,600–$4,000 5% 5 rentals here
Executive $3,700 typically $3,150–$4,650 4.4% 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
Oct 2025 04 TO 06 5 ROOM 134 sqm $918,000 $6,851
Jun 2024 16 TO 18 EXECUTIVE 146 sqm $1,000,000 $6,849
Sep 2021 07 TO 09 5 ROOM 133 sqm $688,000 $5,173
Sep 2021 04 TO 06 5 ROOM 135 sqm $745,000 $5,519
Mar 2021 13 TO 15 EXECUTIVE 146 sqm $790,000 $5,411
Sep 2020 10 TO 12 5 ROOM 133 sqm $662,000 $4,977
Feb 2020 01 TO 03 5 ROOM 132 sqm $550,000 $4,167
Jan 2019 10 TO 12 5 ROOM 136 sqm $622,000 $4,574
Aug 2018 13 TO 15 EXECUTIVE 146 sqm $826,000 $5,658
Oct 2017 10 TO 12 5 ROOM 136 sqm $641,888 $4,720
Oct 2017 13 TO 15 EXECUTIVE 158 sqm $838,000 $5,304
Sep 2017 04 TO 06 5 ROOM 136 sqm $615,000 $4,522
Sep 2017 07 TO 09 5 ROOM 135 sqm $625,000 $4,630
Apr 2017 10 TO 12 5 ROOM 133 sqm $630,000 $4,737
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 8 Joo Seng Road

Block 8 at Joo Seng Road is a residential HDB block in Toa Payoh, Singapore, built in 1995 with approximately 68 years remaining on its 99-year lease. The block contains 5 room, executive flats, with resale prices ranging from $550,000 to $1,000,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $918,000 in 2025-10. The current median price per square metre is $5,075. Over the past five years, resale prices at this block have increased by approximately 28.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9052, with an annual lease decay rate of approximately 0.37%. 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 8 Joo Seng Road worth?

The most recent resale transaction at Block 8 Joo Seng Road was $918,000 for a 5 room flat in 2025-10. The median price per square metre across all flat types is $5,075, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 8 Joo Seng Road?

Block 8 Joo Seng Road was built in 1995 and has approximately 68 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 8 Joo Seng Road?

Block 8 Joo Seng Road in Toa Payoh contains 5 room, executive flats. Resale prices range from $550,000 to $1,000,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 8 Joo Seng Road gone up or down?

Resale prices at Block 8 Joo Seng Road have increased by approximately 28.1% over the past five years. The current median price is $675,000, with the most recent sale at $918,000 in 2025-10.

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