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Block 128B Punggol Field Walk

5 Room · Built 2003 · 77 years remaining lease · Updated Aug 2024 MOP Cleared

Block 128B Punggol Field Walk has 14 recorded HDB resale transactions since 2017. Latest sale: $592,000 (Aug 2024, 5 room, floors 01–03). Median $3,955/sqm. Built 2003, 77 years lease remaining.

Latest Sale
$592,000
Aug 2024 · 5 ROOM · Floor 01-03
Median $/sqm
$3,955
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 94%
#452 / 483 Top 94%
Latest Sale ?
Top 79%
#381 / 483 Top 79%
Value ($/sqm) ?
Top 100%
#483 / 483 Top 100%
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
−0.26%/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 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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
5-Room $3,100 typically $2,800–$3,450 6.1% 6 rentals here
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
Aug 2024 01 TO 03 5 ROOM 110 sqm $592,000 $5,382
Jul 2024 07 TO 09 5 ROOM 110 sqm $618,000 $5,618
Jan 2023 16 TO 18 5 ROOM 110 sqm $568,000 $5,164
Jul 2022 13 TO 15 5 ROOM 110 sqm $550,000 $5,000
Sep 2021 13 TO 15 5 ROOM 110 sqm $490,000 $4,455
May 2021 13 TO 15 5 ROOM 110 sqm $482,000 $4,382
Jul 2020 10 TO 12 5 ROOM 110 sqm $435,000 $3,955
Sep 2019 16 TO 18 5 ROOM 110 sqm $435,000 $3,955
Jul 2018 10 TO 12 5 ROOM 110 sqm $405,000 $3,682
Dec 2017 07 TO 09 5 ROOM 110 sqm $429,000 $3,900
Aug 2017 07 TO 09 5 ROOM 110 sqm $395,000 $3,591
Aug 2017 01 TO 03 5 ROOM 110 sqm $425,000 $3,864
Jul 2017 01 TO 03 5 ROOM 110 sqm $395,000 $3,591
Mar 2017 07 TO 09 5 ROOM 110 sqm $415,000 $3,773
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 128B Punggol Field Walk

Block 128B at Punggol Field Walk is a residential HDB block in Punggol, Singapore, built in 2003 with approximately 77 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $395,000 to $618,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $592,000 in 2024-08. The current median price per square metre is $3,955. 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 128B Punggol Field Walk worth?

The most recent resale transaction at Block 128B Punggol Field Walk was $592,000 for a 5 room flat in 2024-08. The median price per square metre across all flat types is $3,955, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 128B Punggol Field Walk?

Block 128B Punggol Field Walk was built in 2003 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 128B Punggol Field Walk?

Block 128B Punggol Field Walk in Punggol contains 5 room flats. Resale prices range from $395,000 to $618,000 based on historical transaction records from data.gov.sg.

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