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Block 28 Kelantan Road

3 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$508,888
Mar 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$5,919
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +18.1%
Median price change
Median Price ?
Top 84%
#54 / 64 Top 84%
Latest Sale ?
Top 84%
#54 / 64 Top 84%
Value ($/sqm) ?
Top 86%
#55 / 64 Top 86%
5-Year Growth ?
Top 74%
#39 / 53 Top 74%
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
+3.4%/yr
vs
Lease Decay
−0.74%/yr
Growth assumption
Based on this block’s +18.1% 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 50 years remaining 99 years
50 years 9 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 10 TO 12 3 ROOM 65 sqm $508,888 $7,829
Mar 2026 07 TO 09 3 ROOM 65 sqm $455,000 $7,000
Mar 2026 07 TO 09 3 ROOM 74 sqm $518,888 $7,012
Nov 2025 07 TO 09 3 ROOM 65 sqm $485,000 $7,462
Aug 2025 10 TO 12 3 ROOM 65 sqm $453,000 $6,969
Dec 2023 04 TO 06 3 ROOM 65 sqm $400,000 $6,154
Sep 2023 01 TO 03 3 ROOM 74 sqm $411,000 $5,554
Jul 2023 07 TO 09 3 ROOM 74 sqm $440,000 $5,946
Jul 2023 13 TO 15 3 ROOM 74 sqm $470,000 $6,351
Jun 2023 04 TO 06 3 ROOM 65 sqm $383,000 $5,892
May 2023 07 TO 09 3 ROOM 65 sqm $400,000 $6,154
Jan 2023 07 TO 09 3 ROOM 65 sqm $360,000 $5,538
Jan 2023 13 TO 15 3 ROOM 65 sqm $420,000 $6,462
May 2022 13 TO 15 3 ROOM 65 sqm $400,000 $6,154
Jan 2022 04 TO 06 3 ROOM 65 sqm $388,000 $5,969
Oct 2021 16 TO 18 3 ROOM 74 sqm $438,000 $5,919
Sep 2021 13 TO 15 3 ROOM 74 sqm $430,000 $5,811
Jul 2021 16 TO 18 3 ROOM 65 sqm $391,000 $6,015
Feb 2021 10 TO 12 3 ROOM 65 sqm $352,000 $5,415
Nov 2020 10 TO 12 3 ROOM 65 sqm $368,000 $5,662
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 28 Kelantan Road

Block 28 at Kelantan Road is a residential HDB block in Central Area, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $330,000 to $518,888 based on 27 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $508,888 in 2026-03. The current median price per square metre is $5,919. Over the past five years, resale prices at this block have increased by approximately 18.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8255, with an annual lease decay rate of approximately 0.74%. 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 28 Kelantan Road worth?

The most recent resale transaction at Block 28 Kelantan Road was $508,888 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,919, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 28 Kelantan Road?

Block 28 Kelantan Road was built in 1977 and has approximately 50 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 28 Kelantan Road?

Block 28 Kelantan Road in Central Area contains 3 room flats. Resale prices range from $330,000 to $518,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 28 Kelantan Road gone up or down?

Resale prices at Block 28 Kelantan Road have increased by approximately 18.1% over the past five years. The current median price is $400,000, with the most recent sale at $508,888 in 2026-03.

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