HDB Resale & Rent — Singapore

Blk 248 Choa Chu Kang Ave 2 — HDB resale prices

Blk 248 Choa Chu Kang Ave 2 is an HDB block in Choa Chu Kang (completed in 1992, 18 storeys, 114 units). As of Jul 2026, its median resale price over the last 24 months is $596,000, about 6% above the Choa Chu Kang median, from 2 sales. 115 resale transactions have been recorded here since 1990.

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Price history at a glance

$228K$456K$684K199520002005201020152020nominalreal (today's $)

Block facts

TownChoa Chu Kang
Completed1992
Lease from1993
Storeys18
Dwelling units114
Unit mix (sold)4-room ×38 · 5-room ×76
Recorded resales115 since 1990

Prices by flat type — last 24 months (as of Jul 2026)

Flat typeMedian priceMedian $/m²Sales
4-Room$530,000$5,096/m²1
5-Room$662,000$5,382/m²1

Median monthly rent at this block: $2,775/mo (2 rental contracts, last 12 months).

Estimated gross rental yield: ~5.6% (Choa Chu Kang average: ~6.4%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 68% of Choa Chu Kang blocks with recent sales.

What the price model says

For a typical 5-room flat here, our price model estimates $574,608–$642,782 (central estimate $608,695). Recent sales — median $631,535 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.

Median resale price by year

YearMedian (nominal)Median (today's $)Sales
1994$280,000$469,9961
1997$391,500$624,58114
1998$345,000$551,89817
1999$328,000$524,5799
2000$360,000$568,0945
2001$287,000$448,35411
2002$241,500$378,7574
2003$213,000$332,4363
2005$250,000$381,9597
2006$266,000$402,5164
2007$283,000$419,3921
2008$281,000$390,5157
2009$320,500$442,8052
2010$334,000$448,7623
2011$433,000$552,7501
2012$474,000$578,5834
2014$407,000$480,3613
2015$377,500$447,8862
2016$362,000$431,7801
2017$435,000$515,8761
2018$403,944$476,9552
2019$412,000$483,7221
2020$435,000$511,6072
2021$428,000$491,9801
2022$565,000$611,9403
2023$625,000$645,7153
2024$530,000$534,7863

Records

Record sale$662,000 (5-Room, 2024-08)
First recorded sale$280,000 (1994-08)
Busiest year1998 · 17 sales
10-year change (real)+11% (+1.1%/yr, 2014→2024)
Total transacted$39.8M across 115 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2024-104-Room13 TO 15104$530,000
2024-085-Room07 TO 09123$662,000
2024-074-Room10 TO 12104$530,000
2023-125-Room04 TO 06123$590,000
2023-105-Room10 TO 12123$625,000
2023-085-Room16 TO 18125$630,000
2022-114-Room04 TO 06104$470,000
2022-075-Room04 TO 06123$570,000
2022-065-Room13 TO 15123$565,000
2021-044-Room04 TO 06104$428,000
2020-125-Room10 TO 12123$460,000
2020-114-Room07 TO 09104$410,000
2019-105-Room07 TO 09123$412,000
2018-125-Room07 TO 09123$412,000
2018-065-Room07 TO 09123$395,888
2017-015-Room04 TO 06123$435,000
2016-114-Room07 TO 09104$362,000
2015-064-Room01 TO 03104$332,000
2015-035-Room07 TO 09123$423,000
2014-074-Room07 TO 09104$370,000

Choa Chu Kang Ave 2 blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 287$868,000$5,945/m²
2. Blk 273$858,000$5,837/m²
3. Blk 272$834,000$5,654/m²
4. Blk 271$828,000$5,633/m²
5. Blk 275$819,000$5,608/m²
6. Blk 274$800,000$5,517/m²
7. Blk 296B$780,000$5,532/m²
8. Blk 277$709,500$5,792/m²
9. Blk 297$685,000$5,615/m²
10. Blk 276$670,444$5,419/m²
11. Blk 250$670,000$5,492/m²
12. Blk 252$635,000$5,230/m²
13. Blk 254$625,000$5,040/m²
14. Blk 251$625,000$5,123/m²
15. Blk 248$596,000$5,239/m²

Showing the top 15 of 26 blocks.

More blocks on Choa Chu Kang Ave 2

Blk 249 Blk 250 Blk 251 Blk 252 Blk 254 Blk 271 Blk 272 Blk 273 Blk 274 Blk 275 Blk 276 Blk 277 · All of Choa Chu Kang

Quick answers

How much does a flat at Blk 248 Choa Chu Kang Ave 2 cost?

The median resale price over the last 24 months is $596,000 (2 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 248 Choa Chu Kang Ave 2 fairly priced?

For a typical 5-room flat here, our price model estimates $574,608–$642,782 (central estimate $608,695). Recent sales — median $631,535 — sit within that range.

What is the rent at Blk 248 Choa Chu Kang Ave 2?

The median monthly rent is $2,775/mo over the last 12 months (2 contracts).

How old is Blk 248 Choa Chu Kang Ave 2?

The block was completed in 1992 and its 99-year lease runs from 1993.