Prices · Central Area · D07 Middle Road
Block 8 Selegie Road
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What this block is
| Address | Block 8 Selegie Road, Central Area, Singapore 180008 |
| Flat types here | 2-room, 3-room, 4-room — on the evidence of 25 sales since July 2017, so a type that has never been resold here will not appear |
| Unit sizes | 2-room about 441 sq ft, 3-room about 603 sq ft, 4-room about 1,206 sq ft (441 to 1,206 sq ft across the block) |
| Lease | 99 years from 1974, expiring 2073 — 47 years left |
| Floors that have sold | 1 to 12, so the block stands at least 12 storeys |
| Flat models | Standard, Adjoined flat |
| Town and district | Central Area, district 7 (Middle Road, Golden Mile) |
| Compare it with | 3-room flats across Central Area |
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 $1,038 for every month of the 47 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 | $78,050 |
| Mortgage interest over 25 years | $90,338 |
| Running costs over the remaining lease | $203,040 |
| Total over the lease | $585,178 |
| Monthly while repaying | $1,374 |
| 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 a single sale, so treat it as an anecdote rather than a rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 2-room | $276,500 | $210,000–$300,000 | 441 sq ft | 627 | 4 |
| 3-room | $370,000 | $310,000–$520,000 | 603 sq ft | 597 | 20 |
| 4-room | $788,000 | $788,000–$788,000 | 1,206 sq ft | 654 | 1 |
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 | $788,000 | 654 psf | 1 |
| 04 to 06 | $340,000 | 597 psf | 11 |
| 07 to 09 | $360,000 | 597 psf | 11 |
| 10 to 12 | $375,000 | 622 psf | 2 |
Year by year
| 2017 | $333,444 | 543 psf | four sales |
| 2018 | $314,000 | 602 psf | four sales |
| 2019 | $367,500 | 589 psf | four sales |
| 2020 | $410,000 | 586 psf | one sale |
| 2021 | $341,944 | 567 psf | four sales |
| 2022 | $500,000 | 693 psf | one sale |
| 2023 | $584,000 | 642 psf | two sales |
| 2024 | $342,500 | 659 psf | two sales |
| 2025 | $474,500 | 704 psf | two sales |
| 2026 | $285,000 | 646 psf | one sale |
25 transactions in all, from July 2017 to Oct 2026. The flat models recorded here are Standard, Adjoined flat.