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Block 12 Upper Boon Keng Road

3 Room · Built 1980 · 54 years remaining lease · Updated Sep 2025 MOP Cleared

Block 12 Upper Boon Keng Road has 29 recorded HDB resale transactions since 2017. Latest sale: $458,000 (Sep 2025, 3 room, floors 01–03). Median $5,758/sqm. Prices up 22.1% over the past five years. Built 1980, 54 years lease remaining.

Latest Sale
$458,000
Sep 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$5,758
Based on 29 transactions
Total Transactions
29
Since Jan 2017
5-Year Trend
▲ +22.1%
Median price change
Median Price ?
Top 79%
#217 / 273 Top 79%
Latest Sale ?
Top 83%
#227 / 273 Top 83%
Value ($/sqm) ?
Top 58%
#159 / 273 Top 58%
5-Year Growth ?
Top 77%
#160 / 207 Top 77%
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
+4.1%/yr
vs
Lease Decay
−0.64%/yr
Growth assumption
Based on this block’s +22.1% 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 54 years remaining 99 years
54 years 2 months
Remaining lease
↓ 0.64%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.64%/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 Kallang/Whampoa average.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,600–$3,200 7.9% Kallang/Whampoa 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

No popular school is within 1 km, but 2sit 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
Sep 2025 01 TO 03 3 ROOM 66 sqm $458,000 $6,939
Jul 2025 10 TO 12 3 ROOM 66 sqm $480,000 $7,273
May 2025 01 TO 03 3 ROOM 66 sqm $455,000 $6,894
Sep 2024 01 TO 03 3 ROOM 66 sqm $430,000 $6,515
Sep 2024 07 TO 09 3 ROOM 66 sqm $460,000 $6,970
Jul 2024 07 TO 09 3 ROOM 66 sqm $472,000 $7,152
Jun 2024 10 TO 12 3 ROOM 66 sqm $472,888 $7,165
May 2024 04 TO 06 3 ROOM 66 sqm $400,000 $6,061
Nov 2023 10 TO 12 3 ROOM 66 sqm $470,000 $7,121
Aug 2023 07 TO 09 3 ROOM 66 sqm $405,000 $6,136
Jun 2023 10 TO 12 3 ROOM 66 sqm $420,000 $6,364
Mar 2023 10 TO 12 3 ROOM 66 sqm $420,690 $6,374
Jan 2023 07 TO 09 3 ROOM 66 sqm $365,000 $5,530
Jul 2022 10 TO 12 3 ROOM 66 sqm $383,000 $5,803
Mar 2022 04 TO 06 3 ROOM 66 sqm $343,888 $5,210
Jan 2022 10 TO 12 3 ROOM 66 sqm $380,000 $5,758
Jan 2022 10 TO 12 3 ROOM 66 sqm $380,500 $5,765
Dec 2021 10 TO 12 3 ROOM 66 sqm $375,000 $5,682
Dec 2019 01 TO 03 3 ROOM 66 sqm $330,000 $5,000
Jun 2019 04 TO 06 3 ROOM 66 sqm $350,000 $5,303
Showing 20 of 29 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 12 Upper Boon Keng Road

Block 12 at Upper Boon Keng Road is a residential HDB block in Kallang/Whampoa, Singapore, built in 1980 with approximately 54 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $330,000 to $480,000 based on 29 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $458,000 in 2025-09. The current median price per square metre is $5,758. Over the past five years, resale prices at this block have increased by approximately 22.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8449, with an annual lease decay rate of approximately 0.64%. 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 Upper Boon Keng Road worth?

The most recent resale transaction at Block 12 Upper Boon Keng Road was $458,000 for a 3 room flat in 2025-09. The median price per square metre across all flat types is $5,758, based on 29 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 12 Upper Boon Keng Road?

Block 12 Upper Boon Keng Road was built in 1980 and has approximately 54 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.64%, meaning the leasehold value decreases by approximately 0.64% per year at the current remaining lease.

What flat types are available at Block 12 Upper Boon Keng Road?

Block 12 Upper Boon Keng Road in Kallang/Whampoa contains 3 room flats. Resale prices range from $330,000 to $480,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 12 Upper Boon Keng Road gone up or down?

Resale prices at Block 12 Upper Boon Keng Road have increased by approximately 22.1% over the past five years. The current median price is $380,000, with the most recent sale at $458,000 in 2025-09.

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