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Block 27 Lim Liak Street

3 Room · Built 1973 · 49 years remaining lease MOP Cleared
Latest Sale
$630,000
Mar 2022 · 3 ROOM · Floor 01-03
Median $/sqm
$8,267
Based on 2 transactions
Total Transactions
2
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 54%
#193 / 360 Top 54%
Latest Sale ?
Top 62%
#222 / 360 Top 62%
Value ($/sqm) ?
Top 20%
#72 / 360 Top 20%
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%/yr
vs
Lease Decay
−0.77%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 49 years remaining 99 years
49 years 10 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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 2022 01 TO 03 3 ROOM 75 sqm $630,000 $8,400
Dec 2019 01 TO 03 3 ROOM 75 sqm $610,000 $8,133
Showing 2 of 2 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 27 Lim Liak Street

Block 27 at Lim Liak Street is a residential HDB block in Bukit Merah, Singapore, built in 1973 with approximately 49 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $610,000 to $630,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $630,000 in 2022-03. The current median price per square metre is $8,267. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8199, with an annual lease decay rate of approximately 0.77%. 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 27 Lim Liak Street worth?

The most recent resale transaction at Block 27 Lim Liak Street was $630,000 for a 3 room flat in 2022-03. The median price per square metre across all flat types is $8,267, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 27 Lim Liak Street?

Block 27 Lim Liak Street was built in 1973 and has approximately 49 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 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 27 Lim Liak Street?

Block 27 Lim Liak Street in Bukit Merah contains 3 room flats. Resale prices range from $610,000 to $630,000 based on historical transaction records from data.gov.sg.

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