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Block 116 Potong Pasir Avenue 1

3 Room · 4 Room · Built 1984 · 57 years remaining lease · Updated Dec 2025 MOP Cleared

Block 116 Potong Pasir Avenue 1 has 8 recorded HDB resale transactions since 2017. Latest sale: $412,000 (Dec 2025, 3 room, floors 04–06). Median $5,299/sqm. Built 1984, 57 years lease remaining.

Latest Sale
$412,000
Dec 2025 · 3 ROOM · Floor 04-06
Median $/sqm
$5,299
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 65%
#193 / 296 Top 65%
Latest Sale ?
Top 71%
#209 / 296 Top 71%
Value ($/sqm) ?
Top 55%
#164 / 296 Top 55%
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
−0.55%/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 57 years remaining 99 years
57 years 11 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.55%/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 Toa Payoh average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,900 typically $2,600–$3,100 8.9% Toa Payoh avg · block too thin
4-Room $3,650 typically $3,250–$4,000 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 2 popular schools. 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
Dec 2025 04 TO 06 3 ROOM 67 sqm $412,000 $6,149
Apr 2025 04 TO 06 3 ROOM 67 sqm $408,000 $6,090
Mar 2024 01 TO 03 3 ROOM 67 sqm $360,000 $5,373
Mar 2024 01 TO 03 3 ROOM 73 sqm $375,000 $5,137
Mar 2024 01 TO 03 4 ROOM 100 sqm $482,000 $4,820
Jul 2022 04 TO 06 3 ROOM 67 sqm $350,000 $5,224
May 2022 01 TO 03 3 ROOM 73 sqm $350,000 $4,795
Apr 2022 04 TO 06 4 ROOM 93 sqm $510,000 $5,484
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116 Potong Pasir Avenue 1

Block 116 at Potong Pasir Avenue 1 is a residential HDB block in Toa Payoh, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $350,000 to $510,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $412,000 in 2025-12. The current median price per square metre is $5,299. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8636, with an annual lease decay rate of approximately 0.55%. 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 116 Potong Pasir Avenue 1 worth?

The most recent resale transaction at Block 116 Potong Pasir Avenue 1 was $412,000 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $5,299, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 116 Potong Pasir Avenue 1?

Block 116 Potong Pasir Avenue 1 was built in 1984 and has approximately 57 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 116 Potong Pasir Avenue 1?

Block 116 Potong Pasir Avenue 1 in Toa Payoh contains 3 room, 4 room flats. Resale prices range from $350,000 to $510,000 based on historical transaction records from data.gov.sg.

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