Blk 1 Ghim Moh Rd is an HDB block in Queenstown (completed in 1975, 15 storeys, 220 units). As of Jul 2026, its median resale price over the last 24 months is $388,000, about 59% below the Queenstown median, from 11 sales. 254 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Queenstown |
|---|---|
| Completed | 1975 |
| Lease from | 1976 |
| Storeys | 15 |
| Dwelling units | 220 |
| Unit mix (sold) | 3-room ×216 · 5-room ×4 |
| Recorded resales | 254 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $385,500 | $5,931/m² | 10 |
| 5-Room | $720,000 | $5,538/m² | 1 |
Median monthly rent at this block: $3,000/mo (9 rental contracts, last 12 months).
Estimated gross rental yield: ~9.3% (Queenstown average: ~4.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 85% of Queenstown blocks with recent sales.
For a typical 3-room flat here, our price model estimates $382,000–$427,322 (central estimate $404,661). 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.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-05 | 3-Room | 10 TO 12 | 65 | $378,000 |
| 2026-02 | 3-Room | 04 TO 06 | 65 | $383,000 |
| 2025-12 | 3-Room | 10 TO 12 | 65 | $400,000 |
| 2025-12 | 3-Room | 01 TO 03 | 65 | $360,000 |
| 2025-09 | 3-Room | 07 TO 09 | 65 | $398,000 |
| 2025-08 | 3-Room | 13 TO 15 | 65 | $388,000 |
| 2025-08 | 3-Room | 01 TO 03 | 65 | $405,000 |
| 2025-06 | 3-Room | 07 TO 09 | 65 | $380,000 |
| 2025-04 | 3-Room | 04 TO 06 | 65 | $380,000 |
| 2025-04 | 3-Room | 07 TO 09 | 65 | $426,000 |
| 2024-11 | 5-Room | 04 TO 06 | 130 | $720,000 |
| 2024-03 | 3-Room | 01 TO 03 | 76 | $433,000 |
| 2023-12 | 3-Room | 10 TO 12 | 65 | $300,000 |
| 2023-10 | 3-Room | 04 TO 06 | 76 | $437,000 |
| 2023-05 | 3-Room | 13 TO 15 | 65 | $390,000 |
| 2023-03 | 3-Room | 13 TO 15 | 65 | $415,000 |
| 2023-03 | 3-Room | 04 TO 06 | 65 | $418,000 |
| 2022-09 | 3-Room | 10 TO 12 | 76 | $428,000 |
| 2022-07 | 3-Room | 13 TO 15 | 65 | $428,000 |
| 2022-02 | 3-Room | 04 TO 06 | 65 | $350,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 14 | $900,000 | $7,692/m² |
| 2. Blk 13 | $860,000 | $7,167/m² |
| 3. Blk 8 | $797,500 | $6,843/m² |
| 4. Blk 15 | $586,500 | $7,152/m² |
| 5. Blk 5 | $443,444 | $6,730/m² |
| 6. Blk 19 | $428,000 | $6,585/m² |
| 7. Blk 4 | $395,000 | $6,077/m² |
| 8. Blk 3 | $390,000 | $6,000/m² |
| 9. Blk 1 | $388,000 | $5,892/m² |
| 10. Blk 2 | $383,000 | $5,892/m² |
| 11. Blk 21 | $380,444 | $5,776/m² |
| 12. Blk 6 | $370,000 | $5,692/m² |
| 13. Blk 18 | $300,000 | $6,667/m² |
The median resale price over the last 24 months is $388,000 (11 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $382,000–$427,322 (central estimate $404,661). Recent sales — median $399,000 — sit within that range.
The median monthly rent is $3,000/mo over the last 12 months (9 contracts).
The block was completed in 1975 and its 99-year lease runs from 1976.