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HDB · 090038

Blk 38 Telok Blangah Rise

Project page · 99-year lease from 1976

Indicative value range
S$361,930 – S$382,297
Indicative mid S$377,941 · S$6,299 psm

Based on 4 sales in this street, last 12 months. Search widened 1 of 3 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q3 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Jun 2026Blk 4307 TO 0959 sqmS$310,000S$5,254 psm×0.999S$5,246 psm
Apr 2026Blk 3501 TO 0360 sqmS$378,800S$6,313 psm×0.999S$6,304 psm
Jan 2026Blk 3207 TO 0959 sqmS$373,000S$6,322 psm×0.996S$6,294 psm
Dec 2025Blk 4210 TO 1259 sqmS$390,000S$6,610 psm×0.995S$6,574 psm

How accurate is this estimate for Telok Blangah Rise?

We re-ran the estimate as of Q1 2026 on what was known at the time, then compared it with the 13 sales in Telok Blangah Rise since.

Median error
4.0%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

8.73% gross yield

S$33,000 of rent a year against the estimate above · 0.56 points below flats like it

Homes like this rent for about S$2,750 a month, the middle of 59 approvals in the last year.

In Bukit Merah, flats of this type with 40 to 49 years of lease left yield 9.29%, from 27 blocks.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Sept 2026383 ROOMS$2,060
Aug 2026283 ROOMS$3,000
Aug 2026383 ROOMS$3,000
Aug 2026423 ROOMS$3,000
Aug 2026353 ROOMS$2,800
Jul 2026283 ROOMS$3,000
Jul 2026283 ROOMS$2,800
Jul 2026433 ROOMS$2,800

median of 59 HDB rental approvals for 3 ROOM on Telok Blangah Rise since 2025-11.

Buying or selling at S$377,941?

Buying: Stamp duty on S$377,941 · Cash and CPF needed on S$377,941 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$377,941.

Each opens with this figure filled in; change anything there.

Primary schools near 38 Telok Blangah Rise

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Jul 2024
Blk 38 · 3 ROOM · 04 TO 06 · Improved · 51 years left
excluded: outlier
60 sqmS$300,000S$5,000 psm
Feb 2024
Blk 38 · 3 ROOM · 01 TO 03 · Improved · 52 years left
60 sqmS$333,000S$5,550 psm
See more

Showing 2 of 26.

Sale prices as filed in caveats.

Where the lease takes this

About 48 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.55% a yearmeasuredPrices 4% a year
5 years43 yearsS$355,438S$392,433S$423,170S$432,445
10 years38 yearsS$331,474S$404,066S$469,841S$490,663

On a flat market the lease alone costs 12% over 10 years. Prices would need to rise about 1.32% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q3 2026, which was 3.55% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.