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Block 348 Woodlands Avenue 3

4 Room · 5 Room · Built 1988 · 61 years remaining lease · Updated May 2026 MOP Cleared

Block 348 Woodlands Avenue 3 has 14 recorded HDB resale transactions since 2017. Latest sale: $490,000 (May 2026, 4 room, floors 01–03). Median $4,944/sqm. Prices up 33% over the past five years. Built 1988, 61 years lease remaining.

Latest Sale
$490,000
May 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$4,944
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
▲ +33%
Median price change
Median Price ?
Top 56%
#383 / 689 Top 56%
Latest Sale ?
Top 84%
#582 / 689 Top 84%
Value ($/sqm) ?
Top 16%
#113 / 689 Top 16%
5-Year Growth ?
Top 60%
#300 / 501 Top 60%
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
+5.9%/yr
vs
Lease Decay
−0.48%/yr
Growth assumption
Based on this block’s +33% 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 61 years remaining 99 years
61 years 4 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/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 Woodlands average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,050 typically $2,800–$3,250 6.6% Woodlands avg · block too thin
5-Room $3,300 typically $3,000–$3,500 6% Woodlands 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).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 01 TO 03 4 ROOM 84 sqm $490,000 $5,833
Sep 2025 01 TO 03 5 ROOM 122 sqm $640,000 $5,246
May 2025 10 TO 12 4 ROOM 84 sqm $525,000 $6,250
Jan 2025 13 TO 15 4 ROOM 84 sqm $510,000 $6,071
May 2024 07 TO 09 4 ROOM 84 sqm $458,000 $5,452
May 2023 04 TO 06 4 ROOM 84 sqm $458,000 $5,452
Oct 2022 04 TO 06 4 ROOM 84 sqm $431,000 $5,131
Apr 2022 10 TO 12 4 ROOM 103 sqm $490,000 $4,757
Jul 2021 01 TO 03 5 ROOM 122 sqm $490,000 $4,016
Apr 2021 13 TO 15 4 ROOM 84 sqm $380,000 $4,524
Dec 2020 07 TO 09 4 ROOM 84 sqm $340,000 $4,048
Oct 2019 01 TO 03 5 ROOM 122 sqm $410,000 $3,361
Jan 2019 01 TO 03 4 ROOM 84 sqm $302,000 $3,595
Feb 2017 07 TO 09 4 ROOM 84 sqm $328,000 $3,905
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 348 Woodlands Avenue 3

Block 348 at Woodlands Avenue 3 is a residential HDB block in Woodlands, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $302,000 to $640,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $490,000 in 2026-05. The current median price per square metre is $4,944. Over the past five years, resale prices at this block have increased by approximately 33%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8788, with an annual lease decay rate of approximately 0.48%. 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 348 Woodlands Avenue 3 worth?

The most recent resale transaction at Block 348 Woodlands Avenue 3 was $490,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $4,944, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 348 Woodlands Avenue 3?

Block 348 Woodlands Avenue 3 was built in 1988 and has approximately 61 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 348 Woodlands Avenue 3?

Block 348 Woodlands Avenue 3 in Woodlands contains 4 room, 5 room flats. Resale prices range from $302,000 to $640,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 348 Woodlands Avenue 3 gone up or down?

Resale prices at Block 348 Woodlands Avenue 3 have increased by approximately 33% over the past five years. The current median price is $458,000, with the most recent sale at $490,000 in 2026-05.

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