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Blk 723 Bedok Reservoir Road

723 Bedok Reservoir Road is an HDB block in Bedok. It comprises 4 room and 5 room units with the highest floor being 11. The block was completed in 1983 and the lease with HDB commenced in the year 1984. This leaves a remaining lease period of approximately 66 years 07 months.

Based on past transactions data, the unit floor size are 103, 111, 137 and 139sqm. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Jan 2023 for a 5 room unit at $850,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 723, including Yu Neng Primary School, Fengshan Primary School and Damai Primary School.

For secondary education, the nearby schools include Damai Secondary School and Bedok Green Secondary School.

Public transportation is also convenient, with several MRT stations close to 723, including Bedok Reservoir MRT Station (DT30). There are also 6 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $525,000 $551,200 $578,000 4
5 room $780,000 $813,333 $850,000 3

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $1,800 $2,513 $3,600 12

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 723 Bedok Reservoir Road.

  • 4 room sales : Stable or no visible trend
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • 5 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 Reservoir View. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 4 blocks within this HDB project/estate. Block 723 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

4 room
Block Avg $ Min $ Max $ Units sold
722 $572,000 $540,000 $628,000 4
723 $551,200 $525,000 $578,000 4
724 $538,625 $500,000 $582,000 8
5 room
Block Avg $ Min $ Max $ Units sold
722 $851,250 $810,000 $903,000 8
723 $813,333 $780,000 $850,000 3
Executive
Block Avg $ Min $ Max $ Units sold
725 $909,700 $868,000 $970,000 10

There were a total of 7 resale transactions in the last 3 years for units in block 723 Bedok Reservoir Road, with the latest one recorded in Mar 2024.

117
Date Resale PSM Type Location Floor Fl. Area Model Built
Mar 2024 $553,800 $5,377 4 Room Blk 723 Bedok Reservoir Road 4 Room / 103 sqm 10 to 12 103 sqm Model A 1984
Nov 2023 $810,000 $5,912 5 Room Blk 723 Bedok Reservoir Road 5 Room / 137 sqm 10 to 12 137 sqm Model A-Maisonette 1984
Jan 2023 $578,000 $5,207 4 Room Blk 723 Bedok Reservoir Road 4 Room / 111 sqm 07 to 09 111 sqm Model A 1984
Jan 2023 $850,000 $6,204 5 Room Blk 723 Bedok Reservoir Road 5 Room / 137 sqm 07 to 09 137 sqm Model A-Maisonette 1984
Sep 2022 $548,000 $5,320 4 Room Blk 723 Bedok Reservoir Road 4 Room / 103 sqm 04 to 06 103 sqm Model A 1984
Aug 2022 $525,000 $5,097 4 Room Blk 723 Bedok Reservoir Road 4 Room / 103 sqm 07 to 09 103 sqm Model A 1984
Jan 2022 $780,000 $5,612 5 Room Blk 723 Bedok Reservoir Road 5 Room / 139 sqm 04 to 06 139 sqm Model A-Maisonette 1984

Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 723 Bedok Reservoir Road.

  • 4 room rental : Stable trend
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 Reservoir View. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 4 blocks within this HDB project/estate. Block 723 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

4 room
Block Avg $ Min $ Max $ Units rented
722 $3,000 $2,200 $3,800 9
723 $2,513 $1,800 $3,600 12
724 $3,008 $2,250 $4,000 13
5 room
Block Avg $ Min $ Max $ Units rented
722 $3,600 $3,000 $4,300 5
Executive
Block Avg $ Min $ Max $ Units rented
725 $3,250 $2,200 $4,050 6

There were a total of 12 rental transactions in the last 3 years for units in block 723 Bedok Reservoir Road. The latest recorded one was in Aug 2024.

1112
Date Rental Flat Type Location Town
Aug 2024 $2,800 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Mar 2024 $2,700 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Feb 2024 $2,200 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Nov 2023 $3,000 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Sep 2023 $3,600 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Aug 2023 $2,800 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Jan 2023 $2,500 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Sep 2022 $2,500 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Jun 2022 $2,150 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Feb 2022 $2,100 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Jan 2022 $2,000 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
Dec 2021 $1,800 4 Room Blk 723 Bedok Reservoir Road 4 Room Bedok
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723 Bedok Reservoir Road

Block : 723
Street : Bedok Reservoir Road
Building : Reservoir View
Postal code : 470723
Town : Bedok
Recorded transactions floor area : 103 sqm, 111 sqm, 137 sqm, 139 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Model A-Maisonette, Model A
Lease commencement : 1984
Year completed : 1983
Max. Floor : 11
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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