Blk 56 Chai Chee Drive
About 56 Chai Chee Dr
56 Chai Chee Drive is an HDB block located in Bedok. It has 4 room units and the highest floor is 12. The block was completed in 1982 and the lease with HDB commenced in 1983. This means that the remaining lease period is approximately 64 years 04 months. The unit floor size are 91 and 92sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Oct 2024 for a 4 room unit at $525,000.
There are several primary schools located within 1km of block 56, including Opera Estate Primary School.
For secondary education, the nearby schools include Ping Yi Secondary School.
Block 56 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Bedok North MRT Station (DT29) and Kembangan MRT Station (EW6).
There are also 5 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $435,000 | $470,000 | $525,000 | 6 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,000 | $2,510 | $3,500 | 8 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room units at 56 Chai Chee Drive.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Ping-an Gardens. We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 12 blocks within this HDB project/estate. Block 56 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 6 resale transactions in the last 3 years for units in block 56 Chai Chee Drive, with the latest one recorded in Oct 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Oct 2024 | $525,000 | $5,769 | 4 Room | Blk 56 Chai Chee Drive 4 Room / 91 sqm | 10 to 12 | 91 sqm | New Generation | 1983 |
| Jul 2024 | $485,000 | $5,330 | 4 Room | Blk 56 Chai Chee Drive 4 Room / 91 sqm | 01 to 03 | 91 sqm | New Generation | 1983 |
| Dec 2023 | $485,000 | $5,330 | 4 Room | Blk 56 Chai Chee Drive 4 Room / 91 sqm | 10 to 12 | 91 sqm | New Generation | 1983 |
| Jun 2022 | $450,000 | $4,945 | 4 Room | Blk 56 Chai Chee Drive 4 Room / 91 sqm | 10 to 12 | 91 sqm | New Generation | 1983 |
| May 2022 | $435,000 | $4,728 | 4 Room | Blk 56 Chai Chee Drive 4 Room / 92 sqm | 04 to 06 | 92 sqm | New Generation | 1983 |
| Mar 2022 | $440,000 | $4,835 | 4 Room | Blk 56 Chai Chee Drive 4 Room / 91 sqm | 04 to 06 | 91 sqm | New Generation | 1983 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room units at 56 Chai Chee Drive.
- 4 room rental : Trending up
- 4 room rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Ping-an Gardens. We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 12 blocks within this HDB project/estate. Block 56 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
Rental transaction details and prices
There were a total of 8 rental transactions in the last 3 years for units in block 56 Chai Chee Drive. The latest recorded one was in Sep 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Sep 2024 | $2,000 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Aug 2024 | $2,240 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Aug 2024 | $2,700 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Mar 2024 | $3,500 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Feb 2024 | $2,800 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Feb 2023 | $2,240 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Nov 2022 | $2,300 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
| Apr 2022 | $2,300 | 4 Room | Blk 56 Chai Chee Drive 4 Room | Bedok |
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Property information for 56 Chai Chee Drive
| Block | : | 56 |
| Street | : | Chai Chee Drive |
| Building | : | Ping-an Gardens |
| Postal code | : | 460056 |
| Town | : | Bedok |
| Recorded transactions floor area | : | 91 sqm, 92 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1983 |
| Year completed | : | 1982 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
