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Block 1 Street. George'S Road

4 Room · Built 1976 · 50 years remaining lease · Updated Sep 2024 MOP Cleared

Block 1 Street. George'S Road has 23 recorded HDB resale transactions since 2017. Latest sale: $560,000 (Sep 2024, 4 room, floors 01–03). Median $4,890/sqm. Built 1976, 50 years lease remaining.

Latest Sale
$560,000
Sep 2024 · 4 ROOM · Floor 01-03
Median $/sqm
$4,890
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 75%
#204 / 273 Top 75%
Latest Sale ?
Top 67%
#184 / 273 Top 67%
Value ($/sqm) ?
Top 87%
#237 / 273 Top 87%
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
−0.74%/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 50 years remaining 99 years
50 years 9 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/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
4-Room $3,500 typically $2,600–$3,600 7.5% 16 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 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
Sep 2024 01 TO 03 4 ROOM 82 sqm $560,000 $6,829
Apr 2024 04 TO 06 4 ROOM 82 sqm $540,000 $6,585
Apr 2023 04 TO 06 4 ROOM 82 sqm $450,000 $5,488
Sep 2022 01 TO 03 4 ROOM 82 sqm $400,000 $4,878
Sep 2022 01 TO 03 4 ROOM 82 sqm $432,000 $5,268
Jul 2022 01 TO 03 4 ROOM 82 sqm $422,000 $5,146
May 2022 10 TO 12 4 ROOM 82 sqm $480,000 $5,854
Nov 2020 01 TO 03 4 ROOM 82 sqm $345,000 $4,207
Aug 2020 04 TO 06 4 ROOM 82 sqm $390,000 $4,756
Jan 2020 07 TO 09 4 ROOM 82 sqm $353,000 $4,305
Dec 2019 10 TO 12 4 ROOM 82 sqm $401,000 $4,890
Mar 2019 04 TO 06 4 ROOM 82 sqm $370,000 $4,512
Dec 2018 04 TO 06 4 ROOM 82 sqm $410,000 $5,000
Nov 2018 10 TO 12 4 ROOM 82 sqm $383,000 $4,671
Nov 2018 10 TO 12 4 ROOM 82 sqm $385,000 $4,695
Oct 2018 07 TO 09 4 ROOM 82 sqm $378,000 $4,610
Sep 2018 07 TO 09 4 ROOM 82 sqm $435,000 $5,305
Aug 2018 07 TO 09 4 ROOM 82 sqm $382,000 $4,659
Jul 2018 04 TO 06 4 ROOM 82 sqm $405,000 $4,939
May 2018 07 TO 09 4 ROOM 82 sqm $390,000 $4,756
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Street. George'S Road

Block 1 at Street. George'S Road is a residential HDB block in Kallang/Whampoa, Singapore, built in 1976 with approximately 50 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $345,000 to $560,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $560,000 in 2024-09. The current median price per square metre is $4,890. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8255, with an annual lease decay rate of approximately 0.74%. 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 1 Street. George'S Road worth?

The most recent resale transaction at Block 1 Street. George'S Road was $560,000 for a 4 room flat in 2024-09. The median price per square metre across all flat types is $4,890, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Street. George'S Road?

Block 1 Street. George'S Road was built in 1976 and has approximately 50 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 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 1 Street. George'S Road?

Block 1 Street. George'S Road in Kallang/Whampoa contains 4 room flats. Resale prices range from $345,000 to $560,000 based on historical transaction records from data.gov.sg.

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