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Block 12 Taman Ho Swee

2 Room · 3 Room · Built 1970 · 42 years remaining lease · Updated May 2026 MOP Cleared

Block 12 Taman Ho Swee has 21 recorded HDB resale transactions since 2017. Latest sale: $280,000 (May 2026, 2 room, floors 07–09). Median $5,556/sqm. Prices up 31.9% over the past five years. Built 1970, 42 years lease remaining.

Latest Sale
$280,000
May 2026 · 2 ROOM · Floor 07-09
Median $/sqm
$5,556
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +31.9%
Median price change
Median Price ?
Top 95%
#343 / 360 Top 95%
Latest Sale ?
Top 98%
#354 / 360 Top 98%
Value ($/sqm) ?
Top 72%
#258 / 360 Top 72%
5-Year Growth ?
Top 23%
#64 / 283 Top 23%
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
+5.7%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +31.9% 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 42 years remaining 99 years
42 years 9 months
Remaining lease
↓ 1.04%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 42 years remaining, decay is accelerating (~1.04%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
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
2-Room $2,475 typically $2,200–$2,650 10.2% Bukit Merah avg · block too thin
3-Room $2,750 typically $2,550–$2,950 9% 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

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

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
May 2026 07 TO 09 2 ROOM 49 sqm $280,000 $5,714
May 2026 07 TO 09 3 ROOM 54 sqm $368,000 $6,815
Jan 2026 04 TO 06 3 ROOM 66 sqm $375,000 $5,682
Jun 2025 07 TO 09 3 ROOM 54 sqm $366,000 $6,778
Jul 2024 04 TO 06 2 ROOM 49 sqm $315,888 $6,447
May 2024 07 TO 09 3 ROOM 54 sqm $310,000 $5,741
Jan 2024 04 TO 06 3 ROOM 54 sqm $305,000 $5,648
Sep 2022 04 TO 06 3 ROOM 54 sqm $310,000 $5,741
Aug 2022 01 TO 03 3 ROOM 66 sqm $358,000 $5,424
Dec 2021 04 TO 06 3 ROOM 54 sqm $300,000 $5,556
Aug 2021 04 TO 06 3 ROOM 54 sqm $258,000 $4,778
Oct 2020 07 TO 09 3 ROOM 54 sqm $290,000 $5,370
Sep 2020 07 TO 09 3 ROOM 54 sqm $265,000 $4,907
Jul 2020 01 TO 03 3 ROOM 54 sqm $230,000 $4,259
Jun 2020 04 TO 06 3 ROOM 54 sqm $245,000 $4,537
Apr 2020 07 TO 09 3 ROOM 54 sqm $267,000 $4,944
Jun 2019 01 TO 03 3 ROOM 54 sqm $275,000 $5,093
Jun 2019 07 TO 09 3 ROOM 54 sqm $300,000 $5,556
Oct 2018 01 TO 03 3 ROOM 54 sqm $290,000 $5,370
Apr 2018 01 TO 03 3 ROOM 54 sqm $288,000 $5,333
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 12 Taman Ho Swee

Block 12 at Taman Ho Swee is a residential HDB block in Bukit Merah, Singapore, built in 1970 with approximately 42 years remaining on its 99-year lease. The block contains 2 room, 3 room flats, with resale prices ranging from $230,000 to $375,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 07 TO 09 sold for $280,000 in 2026-05. The current median price per square metre is $5,556. Over the past five years, resale prices at this block have increased by approximately 31.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7702, with an annual lease decay rate of approximately 1.04%. 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 12 Taman Ho Swee worth?

The most recent resale transaction at Block 12 Taman Ho Swee was $280,000 for a 2 room flat in 2026-05. The median price per square metre across all flat types is $5,556, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 12 Taman Ho Swee?

Block 12 Taman Ho Swee was built in 1970 and has approximately 42 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 1.04%, meaning the leasehold value decreases by approximately 1.04% per year at the current remaining lease.

What flat types are available at Block 12 Taman Ho Swee?

Block 12 Taman Ho Swee in Bukit Merah contains 2 room, 3 room flats. Resale prices range from $230,000 to $375,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 12 Taman Ho Swee gone up or down?

Resale prices at Block 12 Taman Ho Swee have increased by approximately 31.9% over the past five years. The current median price is $300,000, with the most recent sale at $280,000 in 2026-05.

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