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Block 48 Lower Delta Road

2 Room · Built 1970 · 43 years remaining lease MOP Cleared
Latest Sale
$282,000
Apr 2026 · 2 ROOM · Floor 04-06
Median $/sqm
$5,943
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +20.7%
Median price change
Median Price ?
Top 99%
#356 / 360 Top 99%
Latest Sale ?
Top 98%
#354 / 360 Top 98%
Value ($/sqm) ?
Top 56%
#203 / 360 Top 56%
5-Year Growth ?
Top 68%
#187 / 275 Top 68%
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
+3.8%/yr
vs
Lease Decay
−1.03%/yr
Growth assumption
Based on this block’s +20.7% 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 43 years remaining 99 years
43 years
Remaining lease
↓ 1.03%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.03%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 04 TO 06 2 ROOM 43 sqm $282,000 $6,558
Mar 2026 10 TO 12 2 ROOM 42 sqm $276,000 $6,571
Dec 2025 10 TO 12 2 ROOM 43 sqm $298,888 $6,951
Nov 2025 07 TO 09 2 ROOM 42 sqm $278,888 $6,640
Oct 2025 10 TO 12 2 ROOM 43 sqm $295,000 $6,860
Jan 2025 04 TO 06 2 ROOM 43 sqm $270,000 $6,279
Nov 2024 10 TO 12 2 ROOM 42 sqm $280,000 $6,667
Sep 2024 07 TO 09 2 ROOM 47 sqm $290,000 $6,170
Jun 2024 07 TO 09 2 ROOM 43 sqm $250,000 $5,814
Apr 2024 10 TO 12 2 ROOM 43 sqm $270,000 $6,279
Mar 2024 04 TO 06 2 ROOM 43 sqm $262,888 $6,114
Jan 2024 10 TO 12 2 ROOM 42 sqm $255,000 $6,071
Mar 2023 10 TO 12 2 ROOM 43 sqm $265,000 $6,163
Oct 2021 07 TO 09 2 ROOM 43 sqm $246,800 $5,740
Apr 2021 04 TO 06 2 ROOM 42 sqm $218,000 $5,190
Nov 2020 10 TO 12 2 ROOM 42 sqm $180,000 $4,286
Jul 2020 10 TO 12 2 ROOM 43 sqm $180,000 $4,186
May 2020 01 TO 03 2 ROOM 47 sqm $170,000 $3,617
Feb 2020 04 TO 06 2 ROOM 43 sqm $175,000 $4,070
Oct 2019 01 TO 03 2 ROOM 46 sqm $200,000 $4,348
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 48 Lower Delta Road

Block 48 at Lower Delta Road is a residential HDB block in Bukit Merah, Singapore, built in 1970 with approximately 43 years remaining on its 99-year lease. The block contains 2 room flats, with resale prices ranging from $170,000 to $298,888 based on 26 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 04 TO 06 sold for $282,000 in 2026-04. The current median price per square metre is $5,943. Over the past five years, resale prices at this block have increased by approximately 20.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7722, with an annual lease decay rate of approximately 1.03%. 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 48 Lower Delta Road worth?

The most recent resale transaction at Block 48 Lower Delta Road was $282,000 for a 2 room flat in 2026-04. The median price per square metre across all flat types is $5,943, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 48 Lower Delta Road?

Block 48 Lower Delta Road was built in 1970 and has approximately 43 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.03%, meaning the leasehold value decreases by approximately 1.03% per year at the current remaining lease.

What flat types are available at Block 48 Lower Delta Road?

Block 48 Lower Delta Road in Bukit Merah contains 2 room flats. Resale prices range from $170,000 to $298,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 48 Lower Delta Road gone up or down?

Resale prices at Block 48 Lower Delta Road have increased by approximately 20.7% over the past five years. The current median price is $252,500, with the most recent sale at $282,000 in 2026-04.

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