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Blk 56 Chai Chee Drive

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 Jul 2024 and the highest transacted price was recorded in Dec 2023 for a 4 room unit at $485,000.

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 $372,000 $444,500 $485,000 6

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $2,240 $2,583 $3,500 7

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
Resale transactions trend
  • 4 room price : Trending up
Average resale price trend

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.

3 room
Block Avg $ Min $ Max $ Units sold
20 $339,317 $290,000 $380,000 12
21 $327,192 $290,000 $380,000 14
55 $385,359 $342,000 $468,000 22
60 $357,629 $350,000 $365,888 3
4 room
Block Avg $ Min $ Max $ Units sold
55 $516,250 $495,000 $530,000 4
56 $444,500 $372,000 $485,000 6
61 $438,167 $405,000 $480,000 6
62 $483,888 $483,888 $483,888 1
5 room
Block Avg $ Min $ Max $ Units sold
62 $638,250 $600,000 $670,000 4
63 $601,000 $595,000 $610,000 3
803 $739,667 $691,000 $800,000 3
804 $721,571 $690,000 $770,000 7
805 $737,500 $735,000 $740,000 2

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 Jul 2024.

116
Date Resale PSM Type Location Floor Fl. Area Model Built
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
Oct 2021 $372,000 $4,088 4 Room Blk 56 Chai Chee Drive 4 Room / 91 sqm 04 to 06 91 sqm New Generation 1983

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
Rental transactions trend
  • 4 room rental price : Trending up
Average rental price trend

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.

3 room
Block Avg $ Min $ Max $ Units rented
20 $2,176 $1,500 $3,000 29
21 $2,250 $1,500 $3,500 22
55 $2,268 $1,500 $3,000 38
57 $2,560 $2,000 $3,100 5
60 $2,757 $1,700 $3,200 7
4 room
Block Avg $ Min $ Max $ Units rented
55 $3,150 $2,000 $4,000 4
56 $2,583 $2,240 $3,500 7
61 $3,000 $2,000 $4,100 11
5 room
Block Avg $ Min $ Max $ Units rented
21 $3,750 $3,000 $4,500 2
62 $3,038 $2,200 $4,000 8
63 $2,600 $2,000 $3,500 5
803 $2,886 $2,000 $4,500 7
804 $3,298 $2,100 $4,675 15
805 $3,358 $2,250 $4,300 12

There were a total of 7 rental transactions in the last 3 years for units in block 56 Chai Chee Drive. The latest recorded one was in Aug 2024.

117
Date Rental Flat Type Location Town
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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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
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