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Block 408B Northshore Drive

2 Room · 4 Room · Built 2021 · 94 years remaining lease · Updated Jun 2026 MOP Cleared

Block 408B Northshore Drive has 15 recorded HDB resale transactions since 2017. Latest sale: $428,000 (Jun 2026, 2 room, floors 07–09). Median $8,191/sqm. Built 2021, 94 years lease remaining.

Latest Sale
$428,000
Jun 2026 · 2 ROOM · Floor 07-09
Median $/sqm
$8,191
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 5%
#25 / 483 Top 5%
Latest Sale ?
Top 96%
#463 / 483 Top 96%
Value ($/sqm) ?
Top 2%
#10 / 483 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
+3%/yr
vs
Lease Decay
−0.14%/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 94 years remaining 99 years
94 years
Remaining lease
↓ 0.14%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 94 years remaining, decay is gradual (~0.14%/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 Punggol average.

Flat type Median rent /mo Gross yield Based on
2-Room $2,350 typically $2,200–$2,500 7.1% Punggol avg · block too thin
4-Room $3,250 typically $3,050–$3,400 5.7% Punggol 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

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

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
Jun 2026 07 TO 09 2 ROOM 47 sqm $428,000 $9,106
Jun 2026 16 TO 18 2 ROOM 47 sqm $442,000 $9,404
Apr 2026 13 TO 15 2 ROOM 47 sqm $409,000 $8,702
Mar 2026 04 TO 06 2 ROOM 47 sqm $435,000 $9,255
Mar 2026 16 TO 18 4 ROOM 94 sqm $750,000 $7,979
Feb 2026 07 TO 09 4 ROOM 94 sqm $725,000 $7,713
Jan 2026 04 TO 06 2 ROOM 47 sqm $440,000 $9,362
Jan 2026 16 TO 18 2 ROOM 47 sqm $438,000 $9,319
Jan 2026 16 TO 18 4 ROOM 94 sqm $770,000 $8,191
Nov 2025 04 TO 06 4 ROOM 94 sqm $725,000 $7,713
Oct 2025 10 TO 12 4 ROOM 94 sqm $738,000 $7,851
Sep 2025 01 TO 03 2 ROOM 38 sqm $363,000 $9,553
Sep 2025 16 TO 18 4 ROOM 94 sqm $770,000 $8,191
Sep 2025 04 TO 06 4 ROOM 94 sqm $708,000 $7,532
Jul 2025 13 TO 15 4 ROOM 94 sqm $750,000 $7,979
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 408B Northshore Drive

Block 408B at Northshore Drive is a residential HDB block in Punggol, Singapore, built in 2021 with approximately 94 years remaining on its 99-year lease. The block contains 2 room, 4 room flats, with resale prices ranging from $363,000 to $770,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 07 TO 09 sold for $428,000 in 2026-06. The current median price per square metre is $8,191. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9606, with an annual lease decay rate of approximately 0.14%. 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 408B Northshore Drive worth?

The most recent resale transaction at Block 408B Northshore Drive was $428,000 for a 2 room flat in 2026-06. The median price per square metre across all flat types is $8,191, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 408B Northshore Drive?

Block 408B Northshore Drive was built in 2021 and has approximately 94 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.14%, meaning the leasehold value decreases by approximately 0.14% per year at the current remaining lease.

What flat types are available at Block 408B Northshore Drive?

Block 408B Northshore Drive in Punggol contains 2 room, 4 room flats. Resale prices range from $363,000 to $770,000 based on historical transaction records from data.gov.sg.

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