Blk 1 Ghim Moh Road — HDB resale prices
HDB resale prices, Queenstown · 3-Room, 5-Room · built 1975
median resale price, last 24 months
11 sales in that window · as of Sep 2026
How it compares
Blk 1 Ghim Moh Road is an HDB block in Queenstown (completed in 1975, 15 storeys, 220 units). As of Sep 2026, its median resale price over the last 24 months is $388,000, about 54% below the Queenstown median, from 11 sales. 254 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×216 · 5-room ×4
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,000/mo (11 rental contracts, last 12 months).
Estimated gross rental yield: ~9.3% (Queenstown average: ~4.7%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 84% of Queenstown blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $381,022–$425,971 (central estimate $403,497). Recent sales — median $399,000 — 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
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $39,000 | $73,012 | 8 |
| 1991 | $40,000 | $72,394 | 4 |
| 1992 | $45,000 | $79,656 | 4 |
| 1993 | $75,000 | $129,787 | 3 |
| 1994 | $90,000 | $151,070 | 15 |
| 1995 | $125,000 | $206,261 | 15 |
| 1996 | $164,500 | $267,744 | 14 |
| 1997 | $199,500 | $318,273 | 4 |
| 1998 | $147,500 | $235,957 | 10 |
| 1999 | $135,000 | $215,909 | 14 |
| 2000 | $157,000 | $247,752 | 8 |
| 2001 | $149,500 | $233,550 | 12 |
| 2002 | $149,500 | $234,468 | 10 |
| 2003 | $177,000 | $276,250 | 9 |
| 2004 | $180,000 | $276,312 | 11 |
| 2005 | $183,000 | $279,594 | 11 |
| 2006 | $178,500 | $270,110 | 5 |
| 2007 | $201,500 | $298,613 | 6 |
| 2008 | $274,000 | $380,787 | 12 |
| 2009 | $294,000 | $406,193 | 6 |
| 2010 | $365,000 | $490,414 | 7 |
| 2011 | $390,000 | $497,858 | 5 |
| 2012 | $400,000 | $488,256 | 6 |
| 2013 | $442,000 | $527,064 | 3 |
| 2014 | $433,000 | $511,048 | 2 |
| 2015 | $380,000 | $450,852 | 4 |
| 2016 | $385,444 | $459,743 | 2 |
| 2017 | $360,000 | $426,932 | 5 |
| 2018 | $310,000 | $366,031 | 5 |
| 2019 | $303,000 | $355,747 | 3 |
| 2020 | $292,500 | $344,012 | 4 |
| 2021 | $340,000 | $390,825 | 5 |
| 2022 | $370,000 | $400,740 | 5 |
| 2023 | $415,000 | $428,755 | 5 |
| 2024 | $576,500 | $581,706 | 2 |
| 2025 | $393,000 | $393,000 | 8 |
| 2026 | $380,500 | $380,500 | 2 |
Records
| Record sale | $720,000 (5-Room, 2024-11) |
|---|---|
| First recorded sale | $39,000 (1990-01) |
| Busiest year | 1994 · 15 sales |
| 10-year change (real) | -17% (-1.9%/yr, 2016→2026) |
| Total transacted | $55.5M across 254 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-05 | 3-Room | 10–12 | 65 m² | $378,000 |
| 2026-02 | 3-Room | 04–06 | 65 m² | $383,000 |
| 2025-12 | 3-Room | 10–12 | 65 m² | $400,000 |
| 2025-12 | 3-Room | 01–03 | 65 m² | $360,000 |
| 2025-09 | 3-Room | 07–09 | 65 m² | $398,000 |
| 2025-08 | 3-Room | 01–03 | 65 m² | $405,000 |
| 2025-08 | 3-Room | 13–15 | 65 m² | $388,000 |
| 2025-06 | 3-Room | 07–09 | 65 m² | $380,000 |
| 2025-04 | 3-Room | 07–09 | 65 m² | $426,000 |
| 2025-04 | 3-Room | 04–06 | 65 m² | $380,000 |
| 2024-11 | 5-Room | 04–06 | 130 m² | $720,000 |
| 2024-03 | 3-Room | 01–03 | 76 m² | $433,000 |
| 2023-12 | 3-Room | 10–12 | 65 m² | $300,000 |
| 2023-10 | 3-Room | 04–06 | 76 m² | $437,000 |
| 2023-05 | 3-Room | 13–15 | 65 m² | $390,000 |
| 2023-03 | 3-Room | 04–06 | 65 m² | $418,000 |
| 2023-03 | 3-Room | 13–15 | 65 m² | $415,000 |
| 2022-09 | 3-Room | 10–12 | 76 m² | $428,000 |
| 2022-07 | 3-Room | 13–15 | 65 m² | $428,000 |
| 2022-02 | 3-Room | 04–06 | 65 m² | $350,000 |
Ghim Moh Road blocks ranked by price
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Quick answers
How much does a flat at Blk 1 Ghim Moh Road cost?
The median resale price over the last 24 months is $388,000 (11 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 1 Ghim Moh Road fairly priced?
For a typical 3-room flat here, our price model estimates $381,022–$425,971 (central estimate $403,497). Recent sales — median $399,000 — sit within that range.
What is the rent at Blk 1 Ghim Moh Road?
The median monthly rent is $3,000/mo over the last 12 months (11 contracts).
How old is Blk 1 Ghim Moh Road?
The block was completed in 1975 and its 99-year lease runs from 1976.