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Block 118 Potong Pasir Avenue 1

3 Room · 4 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$420,000
Feb 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$4,897
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +28.1%
Median price change
Median Price ?
Top 65%
#191 / 295 Top 65%
Latest Sale ?
Top 69%
#205 / 295 Top 69%
Value ($/sqm) ?
Top 70%
#207 / 295 Top 70%
5-Year Growth ?
Top 67%
#145 / 218 Top 67%
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
+5.1%/yr
vs
Lease Decay
−0.56%/yr
Growth assumption
Based on this block’s +28.1% 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 57 years remaining 99 years
57 years 9 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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
Feb 2026 01 TO 03 3 ROOM 67 sqm $420,000 $6,269
Jan 2026 01 TO 03 3 ROOM 67 sqm $445,000 $6,642
Oct 2025 01 TO 03 4 ROOM 97 sqm $608,888 $6,277
Aug 2025 01 TO 03 3 ROOM 73 sqm $448,000 $6,137
Feb 2025 04 TO 06 4 ROOM 96 sqm $580,000 $6,042
Jul 2024 01 TO 03 3 ROOM 67 sqm $392,000 $5,851
Jan 2024 01 TO 03 3 ROOM 73 sqm $345,000 $4,726
Dec 2023 01 TO 03 3 ROOM 67 sqm $400,000 $5,970
Nov 2023 04 TO 06 3 ROOM 67 sqm $410,888 $6,133
Jun 2023 04 TO 06 3 ROOM 67 sqm $395,000 $5,896
Apr 2023 01 TO 03 3 ROOM 73 sqm $343,000 $4,699
Jul 2022 01 TO 03 4 ROOM 97 sqm $475,000 $4,897
Dec 2021 04 TO 06 4 ROOM 93 sqm $460,000 $4,946
Dec 2021 01 TO 03 4 ROOM 91 sqm $500,000 $5,495
Aug 2021 01 TO 03 3 ROOM 73 sqm $340,000 $4,658
Apr 2021 04 TO 06 3 ROOM 67 sqm $339,800 $5,072
Jan 2021 01 TO 03 3 ROOM 73 sqm $310,000 $4,247
May 2020 04 TO 06 3 ROOM 67 sqm $340,000 $5,075
Jan 2020 01 TO 03 4 ROOM 96 sqm $425,088 $4,428
Aug 2019 04 TO 06 4 ROOM 96 sqm $412,000 $4,292
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 118 Potong Pasir Avenue 1

Block 118 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 $260,000 to $608,888 based on 27 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $420,000 in 2026-02. The current median price per square metre is $4,897. Over the past five years, resale prices at this block have increased by approximately 28.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8629, with an annual lease decay rate of approximately 0.56%. 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 118 Potong Pasir Avenue 1 worth?

The most recent resale transaction at Block 118 Potong Pasir Avenue 1 was $420,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $4,897, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 118 Potong Pasir Avenue 1?

Block 118 Potong Pasir Avenue 1 was built in 1984 and has approximately 57 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 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 118 Potong Pasir Avenue 1?

Block 118 Potong Pasir Avenue 1 in Toa Payoh contains 3 room, 4 room flats. Resale prices range from $260,000 to $608,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 118 Potong Pasir Avenue 1 gone up or down?

Resale prices at Block 118 Potong Pasir Avenue 1 have increased by approximately 28.1% over the past five years. The current median price is $395,000, with the most recent sale at $420,000 in 2026-02.

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