Blk 2 Ghim Moh Rd is an HDB block in Queenstown (completed in 1975, 15 storeys, 219 units). As of Jul 2026, its median resale price over the last 24 months is $383,000, about 60% below the Queenstown median, from 13 sales. 282 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 | 219 |
| Unit mix (sold) | 3-room ×214 · 5-room ×5 |
| Recorded resales | 282 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $383,000 | $5,892/m² | 13 |
Median monthly rent at this block: $3,000/mo (16 rental contracts, last 12 months).
Estimated gross rental yield: ~9.4% (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 84% of Queenstown blocks with recent sales.
For a typical 3-room flat here, our price model estimates $397,340–$444,482 (central estimate $420,911). Recent sales — median $390,000 — sit below 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 | $36,000 | $67,396 | 15 |
| 1991 | $40,000 | $72,394 | 6 |
| 1992 | $40,000 | $70,805 | 11 |
| 1993 | $82,000 | $141,900 | 5 |
| 1994 | $95,000 | $159,463 | 11 |
| 1995 | $115,000 | $189,760 | 5 |
| 1996 | $172,000 | $279,952 | 14 |
| 1997 | $191,800 | $305,989 | 9 |
| 1998 | $153,500 | $245,555 | 12 |
| 1999 | $142,000 | $227,104 | 13 |
| 2000 | $155,000 | $244,596 | 7 |
| 2001 | $137,000 | $214,022 | 12 |
| 2002 | $138,000 | $216,432 | 10 |
| 2003 | $161,800 | $252,527 | 11 |
| 2004 | $174,500 | $267,869 | 7 |
| 2005 | $166,000 | $253,621 | 13 |
| 2006 | $183,500 | $277,676 | 6 |
| 2007 | $205,000 | $303,800 | 9 |
| 2008 | $274,000 | $380,787 | 8 |
| 2009 | $296,500 | $409,647 | 10 |
| 2010 | $330,000 | $443,388 | 7 |
| 2011 | $373,500 | $476,795 | 6 |
| 2012 | $413,000 | $504,124 | 3 |
| 2013 | $418,888 | $499,504 | 3 |
| 2014 | $395,000 | $466,198 | 5 |
| 2015 | $360,000 | $427,123 | 9 |
| 2016 | $360,000 | $429,395 | 5 |
| 2017 | $362,000 | $429,304 | 6 |
| 2018 | $327,000 | $386,104 | 5 |
| 2019 | $268,000 | $314,654 | 5 |
| 2020 | $298,000 | $350,480 | 3 |
| 2021 | $350,000 | $402,320 | 3 |
| 2022 | $380,000 | $411,570 | 5 |
| 2023 | $397,444 | $410,617 | 6 |
| 2024 | $372,000 | $375,359 | 9 |
| 2025 | $385,000 | $385,000 | 5 |
| 2026 | $383,000 | $383,000 | 3 |
| Record sale | $1,188,000 (5-Room, 2024-05) |
|---|---|
| First recorded sale | $36,000 (1990-01) |
| Busiest year | 1990 · 15 sales |
| 10-year change (real) | -11% (-1.1%/yr, 2016→2026) |
| Total transacted | $61.9M across 282 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 04 TO 06 | 65 | $390,000 |
| 2026-02 | 3-Room | 01 TO 03 | 65 | $360,000 |
| 2026-01 | 3-Room | 01 TO 03 | 65 | $383,000 |
| 2025-12 | 3-Room | 04 TO 06 | 65 | $385,000 |
| 2025-12 | 3-Room | 04 TO 06 | 65 | $365,000 |
| 2025-09 | 3-Room | 01 TO 03 | 65 | $380,000 |
| 2025-05 | 3-Room | 07 TO 09 | 65 | $408,000 |
| 2025-04 | 3-Room | 04 TO 06 | 65 | $386,000 |
| 2024-11 | 3-Room | 01 TO 03 | 65 | $360,000 |
| 2024-10 | 3-Room | 01 TO 03 | 65 | $372,000 |
| 2024-10 | 3-Room | 07 TO 09 | 65 | $420,000 |
| 2024-09 | 3-Room | 07 TO 09 | 65 | $408,000 |
| 2024-08 | 3-Room | 07 TO 09 | 65 | $378,000 |
| 2024-07 | 3-Room | 04 TO 06 | 65 | $360,000 |
| 2024-06 | 3-Room | 07 TO 09 | 65 | $363,000 |
| 2024-05 | 5-Room | 04 TO 06 | 150 | $1,188,000 |
| 2024-02 | 3-Room | 01 TO 03 | 65 | $360,000 |
| 2023-12 | 3-Room | 10 TO 12 | 65 | $401,000 |
| 2023-11 | 3-Room | 10 TO 12 | 65 | $393,888 |
| 2023-09 | 3-Room | 10 TO 12 | 65 | $388,000 |
| 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 $383,000 (13 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 $397,340–$444,482 (central estimate $420,911). Recent sales — median $390,000 — sit below that range.
The median monthly rent is $3,000/mo over the last 12 months (16 contracts).
The block was completed in 1975 and its 99-year lease runs from 1976.