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Prices · Punggol · Punggol Drive

Block 663C Punggol Drive

Compare this block with another

Median, past 12 months
$652,888
$674 psf
Lease remaining
89 years
lease began 2016, runs to 2115
Postal code
—
cannot be worked out for a lettered block

What this block is

AddressBlock 663C Punggol Drive, Punggol
Flat types here4-room, 5-room — on the evidence of 46 sales since July 2020, so a type that has never been resold here will not appear
Unit sizes4-room about 969 sq ft, 5-room about 1,184 sq ft (969 to 1,184 sq ft across the block)
Lease99 years from 2016, expiring 2115 — 89 years left
Floors that have sold1 to 18, so the block stands at least 18 storeys
Flat modelsModel A, Improved
Town and districtPunggol
Compare it withthe rest of Punggol Drive, 4-room flats across Punggol

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 $1,181 for every month of the 89 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$180,308
Mortgage interest over 25 years$206,949
Running costs over the remaining lease$384,480
Total over the lease$1,261,403
Monthly while repaying$2,682
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 five sales, which is too few to call a market rate.

By flat type

TypeMedianRangeSizepsfSales
4-room$600,000$445,000–$685,000969 sq ft61929
5-room$650,000$555,000–$800,0001,184 sq ft54917

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$620,888600 psf3
04 to 06$555,000500 psf11
07 to 09$650,000622 psf6
10 to 12$605,000595 psf9
13 to 15$645,000632 psf7
16 to 18$637,000614 psf10

Year by year

2020$555,000492 psfseven sales
2021$505,000516 psf10 sales
2022$597,500594 psfeight sales
2023$695,000602 psfsix sales
2024$685,000665 psfeight sales
2025$669,444691 psffour sales
2026$652,888674 psfthree sales

46 transactions in all, from July 2020 to July 2026. The flat models recorded here are Model A, Improved.