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Block 638C Punggol Drive

4 Room · 5 Room · Built 2005 · 77 years remaining lease · Updated Mar 2026 MOP Cleared

Block 638C Punggol Drive has 17 recorded HDB resale transactions since 2017. Latest sale: $670,000 (Mar 2026, 5 room, floors 01–03). Median $5,357/sqm. Prices up 44.9% over the past five years. Built 2005, 77 years lease remaining.

Latest Sale
$670,000
Mar 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$5,357
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +44.9%
Median price change
Median Price ?
Top 23%
#113 / 483 Top 23%
Latest Sale ?
Top 46%
#220 / 483 Top 46%
Value ($/sqm) ?
Top 53%
#257 / 483 Top 53%
5-Year Growth ?
Top 24%
#88 / 368 Top 24%
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
+7.7%/yr
vs
Lease Decay
−0.26%/yr
Growth assumption
Based on this block’s +44.9% 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 77 years remaining 99 years
77 years 11 months
Remaining lease
↓ 0.26%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 77 years remaining, decay is gradual (~0.26%/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
4-Room $3,250 typically $3,050–$3,400 5.7% Punggol avg · block too thin
5-Room $3,300 typically $3,100–$3,400 5.2% 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

This block is inside the 1 km Primary 1 priority zone for 1 popular school. 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
Mar 2026 01 TO 03 5 ROOM 110 sqm $670,000 $6,091
Dec 2025 10 TO 12 5 ROOM 110 sqm $698,000 $6,345
Oct 2025 10 TO 12 4 ROOM 91 sqm $608,888 $6,691
Oct 2025 10 TO 12 5 ROOM 111 sqm $720,000 $6,486
Apr 2025 07 TO 09 4 ROOM 91 sqm $615,000 $6,758
Feb 2025 10 TO 12 5 ROOM 110 sqm $678,333 $6,167
Sep 2024 13 TO 15 5 ROOM 110 sqm $665,000 $6,045
Feb 2024 07 TO 09 5 ROOM 110 sqm $598,000 $5,436
Jun 2023 07 TO 09 5 ROOM 112 sqm $600,000 $5,357
Feb 2022 04 TO 06 4 ROOM 91 sqm $430,000 $4,725
Aug 2021 04 TO 06 5 ROOM 110 sqm $475,000 $4,318
Aug 2021 07 TO 09 5 ROOM 111 sqm $490,000 $4,414
Jan 2021 10 TO 12 5 ROOM 110 sqm $465,000 $4,227
Oct 2020 04 TO 06 5 ROOM 111 sqm $436,000 $3,928
Oct 2018 01 TO 03 5 ROOM 110 sqm $380,000 $3,455
Sep 2018 10 TO 12 5 ROOM 110 sqm $431,000 $3,918
Feb 2017 16 TO 18 5 ROOM 110 sqm $455,000 $4,136
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 638C Punggol Drive

Block 638C at Punggol Drive is a residential HDB block in Punggol, Singapore, built in 2005 with approximately 77 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $380,000 to $720,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $670,000 in 2026-03. The current median price per square metre is $5,357. Over the past five years, resale prices at this block have increased by approximately 44.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9315, with an annual lease decay rate of approximately 0.26%. 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 638C Punggol Drive worth?

The most recent resale transaction at Block 638C Punggol Drive was $670,000 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $5,357, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 638C Punggol Drive?

Block 638C Punggol Drive was built in 2005 and has approximately 77 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 0.26%, meaning the leasehold value decreases by approximately 0.26% per year at the current remaining lease.

What flat types are available at Block 638C Punggol Drive?

Block 638C Punggol Drive in Punggol contains 4 room, 5 room flats. Resale prices range from $380,000 to $720,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 638C Punggol Drive gone up or down?

Resale prices at Block 638C Punggol Drive have increased by approximately 44.9% over the past five years. The current median price is $598,000, with the most recent sale at $670,000 in 2026-03.

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