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
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
Resale transactions trend
4 room price :
Trending up
Average resale price trend
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.
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
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 Jul 2024.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
116
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
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
Rental transactions trend
4 room rental price :
Trending up
Average rental price trend
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.
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
Rental transaction details and prices
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.
Date
Rental
Flat Type
Location
Town
117
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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