Prices · Choa Chu Kang · Jalan Teck Whye · D05 Pasir Panjang
Block 162 Jalan Teck Whye
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What this block is
| Address | Block 162 Jalan Teck Whye, Choa Chu Kang, Singapore 118162 |
| Flat types here | 4-room, 5-room — on the evidence of 27 sales since May 2017, so a type that has never been resold here will not appear |
| Unit sizes | 4-room about 1,087 sq ft, 5-room about 1,302 sq ft (1,087 to 1,302 sq ft across the block) |
| Lease | 99 years from 1998, expiring 2097 — 71 years left |
| Floors that have sold | 1 to 18, so the block stands at least 18 storeys |
| Flat models | Model A, Improved |
| Town and district | Choa Chu Kang, district 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) |
| Compare it with | the rest of Jalan Teck Whye, 4-room flats across Choa Chu Kang |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $1,464 for every month of the 71 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $193,500 |
| Mortgage interest over 25 years | $221,883 |
| Running costs over the remaining lease | $306,720 |
| Total over the lease | $1,247,103 |
| Monthly while repaying | $2,850 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just four sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 4-room | $485,000 | $335,000–$590,000 | 1,087 sq ft | 442 | 15 |
| 5-room | $571,444 | $435,000–$746,000 | 1,302 sq ft | 433 | 12 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $485,000 | 388 psf | 5 |
| 04 to 06 | $478,000 | 440 psf | 3 |
| 07 to 09 | $528,000 | 481 psf | 3 |
| 10 to 12 | $529,500 | 473 psf | 6 |
| 13 to 15 | $538,000 | 490 psf | 5 |
| 16 to 18 | $500,000 | 455 psf | 5 |
Year by year
| 2017 | $463,000 | 355 psf | three sales |
| 2018 | $417,500 | 349 psf | two sales |
| 2019 | $356,000 | 327 psf | two sales |
| 2020 | $335,000 | 308 psf | one sale |
| 2021 | $480,444 | 405 psf | four sales |
| 2022 | $633,888 | 475 psf | one sale |
| 2023 | $500,000 | 455 psf | three sales |
| 2024 | $538,000 | 490 psf | five sales |
| 2025 | $567,500 | 522 psf | two sales |
| 2026 | $700,000 | 539 psf | four sales |
27 transactions in all, from May 2017 to Sept 2026. The flat models recorded here are Model A, Improved.