Prices · Queenstown · Ghim Moh Link · D10 Ardmore
Block 23 Ghim Moh Link
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What this block is
| Address | Block 23 Ghim Moh Link, Queenstown, Singapore 270023 |
| Flat types here | 4-room, 5-room — on the evidence of 60 sales since Jan 2017, so a type that has never been resold here will not appear |
| Unit sizes | 4-room about 990 sq ft, 5-room about 1,216 sq ft (990 to 1,216 sq ft across the block) |
| Lease | 99 years from 2013, expiring 2112 — 86 years left |
| Floors that have sold | 1 to 42, so the block stands at least 42 storeys |
| Flat models | Model A, Improved |
| Town and district | Queenstown, district 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) |
| Compare it with | the rest of Ghim Moh Link, 4-room flats across Queenstown |
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 $1,676 for every month of the 86 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 | $280,400 |
| Mortgage interest over 25 years | $320,145 |
| Running costs over the remaining lease | $371,520 |
| Total over the lease | $1,729,565 |
| Monthly while repaying | $3,952 |
| 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 10 sales.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 4-room | $835,000 | $588,000–$1,068,000 | 990 sq ft | 861 | 45 |
| 5-room | $980,000 | $890,000–$1,561,000 | 1,216 sq ft | 806 | 15 |
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 | $760,000 | 767 psf | 3 |
| 04 to 06 | $798,500 | 755 psf | 6 |
| 07 to 09 | $843,500 | 847 psf | 6 |
| 10 to 12 | $889,000 | 784 psf | 6 |
| 13 to 15 | $880,000 | 865 psf | 5 |
| 16 to 18 | $913,500 | 837 psf | 6 |
| 19 to 21 | $890,000 | 899 psf | 1 |
| 22 to 24 | $900,000 | 904 psf | 8 |
| 25 to 27 | $825,000 | 833 psf | 5 |
| 28 to 30 | $780,000 | 833 psf | 5 |
| 31 to 33 | $950,000 | 781 psf | 1 |
| 34 to 36 | $980,000 | 1046 psf | 1 |
| 37 to 39 | $968,000 | 899 psf | 5 |
| 40 to 42 | $1,015,888 | 835 psf | 2 |
Year by year
| 2017 | $735,000 | 768 psf | eight sales |
| 2018 | $865,000 | 785 psf | six sales |
| 2019 | $822,500 | 772 psf | eight sales |
| 2020 | $782,500 | 786 psf | four sales |
| 2021 | $933,000 | 804 psf | four sales |
| 2022 | $879,900 | 885 psf | eight sales |
| 2023 | $870,000 | 869 psf | five sales |
| 2024 | $888,000 | 948 psf | five sales |
| 2025 | $998,000 | 1009 psf | seven sales |
| 2026 | $1,068,000 | 1067 psf | five sales |
60 transactions in all, from Jan 2017 to Oct 2026. The flat models recorded here are Model A, Improved.