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Block 22 Queen'S Close

4 Room · 5 Room · Built 1996 · 69 years remaining lease MOP Cleared
Latest Sale
$1,068,000
Feb 2026 · 5 ROOM · Floor 16-18
Median $/sqm
$5,888
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 56%
#107 / 192 Top 56%
Latest Sale ?
Top 16%
#30 / 192 Top 16%
Value ($/sqm) ?
Top 64%
#123 / 192 Top 64%
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
−0.35%/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 69 years remaining 99 years
69 years 9 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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 16 TO 18 5 ROOM 125 sqm $1,068,000 $8,544
Oct 2023 16 TO 18 5 ROOM 125 sqm $890,000 $7,120
Nov 2022 01 TO 03 4 ROOM 109 sqm $678,000 $6,220
Jan 2022 04 TO 06 5 ROOM 126 sqm $720,000 $5,714
Dec 2021 01 TO 03 4 ROOM 107 sqm $630,000 $5,888
Dec 2021 01 TO 03 4 ROOM 107 sqm $640,000 $5,981
Nov 2021 01 TO 03 4 ROOM 106 sqm $600,000 $5,660
Mar 2021 04 TO 06 4 ROOM 107 sqm $610,000 $5,701
Feb 2018 01 TO 03 4 ROOM 106 sqm $560,000 $5,283
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 22 Queen'S Close

Block 22 at Queen'S Close is a residential HDB block in Queenstown, Singapore, built in 1996 with approximately 69 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $560,000 to $1,068,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 16 TO 18 sold for $1,068,000 in 2026-02. The current median price per square metre is $5,888. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9092, with an annual lease decay rate of approximately 0.35%. 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 22 Queen'S Close worth?

The most recent resale transaction at Block 22 Queen'S Close was $1,068,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $5,888, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 22 Queen'S Close?

Block 22 Queen'S Close was built in 1996 and has approximately 69 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 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 22 Queen'S Close?

Block 22 Queen'S Close in Queenstown contains 4 room, 5 room flats. Resale prices range from $560,000 to $1,068,000 based on historical transaction records from data.gov.sg.

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