### Blk 166 Stirling Road #05 (Queenstown) — Current Valuation & Selling Price
**Blk 166 Stirling Road (S140166)** is a 12-storey mature HDB block in Queenstown completed in 1970 (99-year leasehold, ~42 to 43 years balance lease). The residential units in this block are primarily **3-Room Improved (3I)** flats measuring **60 sqm (~646 sqft)**.
---
### 1. Estimated Selling Price & Valuation (#05 Mid-Floor)
For a mid-floor unit (#04 to #06 tier) of 60 sqm (646 sqft):
* **Estimated Current Market Value:** **S$315,000 to S$340,000**
* **Transacted PSF Benchmark:** **S$485 to S$530 psf**
---
### 2. Recent Transaction Data (Blk 166 Stirling Road)
* **July 2026 (#07 to #09):** S$310,000 (60 sqm, ~$480 psf / $5,167 psm)
* **May 2026 (#07 to #09):** S$302,000 (60 sqm, ~$467 psf / $5,033 psm)
* **February 2026 (#01 to #03):** S$320,000 (60 sqm, ~$495 psf / $5,333 psm)
* **April 2024 (#04 to #06 — Same Floor Range):** S$313,000 (60 sqm, $485 psf)
* **High-Floor Benchmark (#10 to #12):** S$333,888 to S$360,000
---
### 3. Key Price Drivers & Buyer Profile
* **Lease Decay Impact:** With ~43 years of remaining lease, buyers must ensure the lease covers the youngest applicant to at least age 95 to maximize CPF Ordinary Account (OA) usage and HDB/bank financing. Consequently, the buyer pool is largely retirees, singles, or cash-ready buyers.
* **Rental Yield Appeal:** Whole 3I units in this block rent for **S$2,800 to S$3,200/month**, delivering a gross rental return of **10% to 11%**, which keeps investor and right-sizing demand steady despite the older lease.
---
Gan Eng Joo Onassis 颜荣裕, REALTOR®
MSc BIT (Middlesex, England, United Kingdom); BBA (South Australia)
CEA Reg No: R021244C | Singapore Line:
(+65) 88899918
Email: onassis@sgagent.com
Singapore First and Most Established Branding for Real Estate Services:
SGAgent.com | SGRealtor.com | SGCommercial.com | SGCBD.com
SG Residential and Commercial Real Estate Specialist with over 1,000 Properties across Singapore
Pioneering 1-Stop Integrated Property Ecosystem:
• Property Financial & Capital Solutions: SGCASH.COM
• Property Repair, Maintenance & Reinstatement: SGREPAIR.COM
• Property Legal Advisory & Conveyancing Network: SGLEGAL.COM
Social (Facebook & TikTok): @sgcommercial
Read More