Blk 56 Chai Chee Dr
Project page · 99-year lease from 1983
Based on 4 sales in this street, last 24 months. Search widened 2 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 Q2 2026 by the published index for the quarter it sold in.
| Sold | Where | Floor | Size | Price | Per sqm | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Mar 2026 | Blk 55 | 04 TO 06 | 104 sqm | S$525,000 | S$5,048 psm | ×0.997 | S$5,033 psm |
| Jan 2026 | Blk 56 | 07 TO 09 | 91 sqm | S$535,000 | S$5,879 psm | ×0.997 | S$5,862 psm |
| Jul 2025 | Blk 55 | 01 TO 03 | 104 sqm | S$475,000 | S$4,567 psm | ×0.996 | S$4,547 psm |
| Dec 2024 | Blk 58 | 04 TO 06 | 104 sqm | S$540,000 | S$5,192 psm | ×1.025 | S$5,321 psm |
How accurate is this estimate for Chai Chee Dr?
We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 10 sales in Chai Chee Dr since.
- Median error
- 3.9%
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.
8.53% gross yield
S$40,200 of rent a year against the estimate above · 1.03 points above flats like it
Homes like this rent for about S$3,350 a month, the middle of 6 approvals in the last year.
In Bedok, flats of this type with 50 to 59 years of lease left yield 7.50%, from 21 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
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Aug 2026 | 55 | 4 ROOM | S$3,650 |
| May 2026 | 56 | 4 ROOM | S$3,500 |
| May 2026 | 56 | 4 ROOM | S$3,200 |
| Apr 2026 | 55 | 4 ROOM | S$3,700 |
| Mar 2026 | 56 | 4 ROOM | S$3,000 |
| Jan 2026 | 56 | 4 ROOM | S$2,500 |
median of 6 HDB rental approvals for 4 ROOM on Chai Chee Dr since 2025-10.
Buying or selling at S$471,110?
Buying: Stamp duty on S$471,110 · Cash and CPF needed on S$471,110 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$471,110.
Each opens with this figure filled in; change anything there.
Primary schools near 56 Chai Chee Dr
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
- Opera Estate Primary School · 782 m · no 2025 Phase 2C ballot
- St. Stephen's School (boys) · 806 m · no 2025 Phase 2C ballot
- Damai Primary School · 930 m · near the line — check on OneMap
- Telok Kurau Primary School · 998 m · no 2025 Phase 2C ballot · near the line — check on OneMap
1 to 2 km
- Fengshan Primary School · 1,325 m · balloted in 2025 Phase 2C (citizens 1-2 km away)
- Yu Neng Primary School · 1,508 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Red Swastika School · 1,726 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Bedok Green Primary School · 1,922 m · no 2025 Phase 2C ballot · near the line — check on OneMap
- Maha Bodhi School · 1,965 m · balloted in 2025 Phase 2C (citizens within 1 km) · near the line — check on OneMap
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Jan 2026 | Blk 56 · 4 ROOM · 07 TO 09 · New Generation · 56 years left | 91 sqm | S$535,000 | S$5,879 psm |
| Oct 2024 | Blk 56 · 4 ROOM · 10 TO 12 · New Generation · 57 years left | 91 sqm | S$525,000 | S$5,769 psm |
| Jul 2024 | Blk 56 · 4 ROOM · 01 TO 03 · New Generation · 58 years left | 91 sqm | S$485,000 | S$5,330 psm |
| Dec 2023 | Blk 56 · 4 ROOM · 10 TO 12 · New Generation · 58 years left | 91 sqm | S$485,000 | S$5,330 psm |
| Jun 2022 | Blk 56 · 4 ROOM · 10 TO 12 · New Generation · 60 years left | 91 sqm | S$450,000 | S$4,945 psm |
| May 2022 | Blk 56 · 4 ROOM · 04 TO 06 · New Generation · 60 years left | 92 sqm | S$435,000 | S$4,728 psm |
| Mar 2022 | Blk 56 · 4 ROOM · 04 TO 06 · New Generation · 60 years left | 91 sqm | S$440,000 | S$4,835 psm |
| Oct 2021 | Blk 56 · 4 ROOM · 04 TO 06 · New Generation · 60 years left | 91 sqm | S$372,000 | S$4,088 psm |
Showing 8 of 35.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| May 2026 | Blk 56 · 4 ROOM | S$3,500 | — |
| May 2026 | Blk 56 · 4 ROOM | S$3,200 | — |
| Mar 2026 | Blk 56 · 4 ROOM | S$3,000 | — |
| Jan 2026 | Blk 56 · 4 ROOM | S$2,500 | — |
| Sept 2024 | Blk 56 · 4 ROOM | S$2,000 | — |
| Aug 2024 | Blk 56 · 4 ROOM | S$2,700 | — |
| Aug 2024 | Blk 56 · 4 ROOM | S$2,240 | — |
| Mar 2024 | Blk 56 · 4 ROOM | S$3,500 | — |
| Feb 2024 | Blk 56 · 4 ROOM | S$2,800 | — |
| Feb 2023 | Blk 56 · 4 ROOM | S$2,240 | — |
| Nov 2022 | Blk 56 · 4 ROOM | S$2,300 | — |
| Apr 2022 | Blk 56 · 4 ROOM | S$2,300 | — |
| Aug 2021 | Blk 56 · 4 ROOM | S$2,000 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Where the lease takes this
About 55 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 now | Lease left | Prices flat | Prices 2% a year | This market's record, 3.64% a yearmeasured | Prices 4% a year |
|---|---|---|---|---|---|
| 5 years | 50 years | S$449,719 | S$496,527 | S$537,748 | S$547,152 |
| 10 years | 45 years | S$427,066 | S$520,591 | S$610,617 | S$632,162 |
| 20 years | 35 years | S$375,437 | S$557,879 | S$767,511 | S$822,628 |
On a flat market the lease alone costs 20% over 20 years. Prices would need to rise about 1.14% a year to cancel that out.
The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% 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.