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Block 348 Woodlands Avenue 3

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$640,000
Sep 2025 · 5 ROOM · Floor 01-03
Median $/sqm
$4,757
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
▲ +34%
Median price change
Median Price ?
Top 55%
#376 / 689 Top 55%
Latest Sale ?
Top 35%
#244 / 689 Top 35%
Value ($/sqm) ?
Top 23%
#160 / 689 Top 23%
5-Year Growth ?
Top 57%
#278 / 489 Top 57%
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
+6%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +34% 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 62 years remaining 99 years
62 years
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/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
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 13 of 13 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 62 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 13 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $640,000 in 2025-09. The current median price per square metre is $4,757. Over the past five years, resale prices at this block have increased by approximately 34%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8815, with an annual lease decay rate of approximately 0.47%. 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 $640,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $4,757, based on 13 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 62 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% 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 34% over the past five years. The current median price is $458,000, with the most recent sale at $640,000 in 2025-09.

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