diff --git a/src/generators/dom/index.js b/src/generators/dom/index.js
index dbb054e7c650..ddf3f39cabe2 100644
--- a/src/generators/dom/index.js
+++ b/src/generators/dom/index.js
@@ -94,11 +94,10 @@ export default function dom ( parsed, source, options ) {
 		const differs = generator.helper( 'differs' );
 
 		computations.forEach( ({ key, deps }) => {
-			builder.addBlock( deindent`
-				if ( isInitial || ${deps.map( dep => `( '${dep}' in newState && ${differs}( state.${dep}, oldState.${dep} ) )` ).join( ' || ' )} ) {
-					state.${key} = newState.${key} = ${generator.alias( 'template' )}.computed.${key}( ${deps.map( dep => `state.${dep}` ).join( ', ' )} );
-				}
-			` );
+			const condition = `isInitial || ${deps.map( dep => `( '${dep}' in newState && ${differs}( state.${dep}, oldState.${dep} ) )` ).join( ' || ' )}`;
+			const statement = `state.${key} = newState.${key} = ${generator.alias( 'template' )}.computed.${key}( ${deps.map( dep => `state.${dep}` ).join( ', ' )} );`;
+
+			builder.addConditionalLine( condition, statement );
 		});
 
 		builders.main.addBlock( deindent`
diff --git a/src/utils/CodeBuilder.js b/src/utils/CodeBuilder.js
index 1caaf9ff84b9..357bf85af861 100644
--- a/src/utils/CodeBuilder.js
+++ b/src/utils/CodeBuilder.js
@@ -7,9 +7,31 @@ export default class CodeBuilder {
 
 		this.first = null;
 		this.last = null;
+
+		this.lastCondition = null;
+	}
+
+	addConditionalLine ( condition, line ) {
+		if ( condition === this.lastCondition ) {
+			this.result += `\n\t${line}`;
+		} else {
+			if ( this.lastCondition ) {
+				this.result += `\n}`;
+			}
+
+			this.result += `if ( ${condition} ) {\n\t${line}`;
+			this.lastCondition = condition;
+		}
+
+		this.last = BLOCK;
 	}
 
 	addLine ( line ) {
+		if ( this.lastCondition ) {
+			this.result += `\n}`;
+			this.lastCondition = null;
+		}
+
 		if ( this.last === BLOCK ) {
 			this.result += `\n\n${line}`;
 		} else if ( this.last === LINE ) {
@@ -36,6 +58,11 @@ export default class CodeBuilder {
 	}
 
 	addBlock ( block ) {
+		if ( this.lastCondition ) {
+			this.result += `\n}`;
+			this.lastCondition = null;
+		}
+
 		if ( this.result ) {
 			this.result += `\n\n${block}`;
 		} else {
@@ -62,6 +89,6 @@ export default class CodeBuilder {
 	}
 
 	toString () {
-		return this.result.trim();
+		return this.result.trim() + ( this.lastCondition ? `\n}` : `` );
 	}
 }
diff --git a/test/js/samples/computed-collapsed-if/expected.js b/test/js/samples/computed-collapsed-if/expected.js
new file mode 100644
index 000000000000..d8792a974f1b
--- /dev/null
+++ b/test/js/samples/computed-collapsed-if/expected.js
@@ -0,0 +1,74 @@
+import { assign, differs, dispatchObservers, noop, proto } from "svelte/shared.js";
+
+function recompute ( state, newState, oldState, isInitial ) {
+	if ( isInitial || ( 'x' in newState && differs( state.x, oldState.x ) ) ) {
+		state.a = newState.a = template.computed.a( state.x );
+		state.b = newState.b = template.computed.b( state.x );
+	}
+}
+
+var template = (function () {
+	return {
+		computed: {
+			a: x => x * 2,
+			b: x => x * 3
+		}
+	};
+}());
+
+function create_main_fragment ( root, component ) {
+	
+
+	return {
+		mount: noop,
+		
+		update: noop,
+		
+		destroy: noop
+	};
+}
+
+function SvelteComponent ( options ) {
+	options = options || {};
+	this._state = options.data || {};
+	recompute( this._state, this._state, {}, true );
+	
+	this._observers = {
+		pre: Object.create( null ),
+		post: Object.create( null )
+	};
+	
+	this._handlers = Object.create( null );
+	
+	this._root = options._root;
+	this._yield = options._yield;
+	
+	this._torndown = false;
+	
+	this._fragment = create_main_fragment( this._state, this );
+	if ( options.target ) this._fragment.mount( options.target, null );
+}
+
+assign( SvelteComponent.prototype, proto );
+
+SvelteComponent.prototype._set = function _set ( newState ) {
+	var oldState = this._state;
+	this._state = assign( {}, oldState, newState );
+	recompute( this._state, newState, oldState, false )
+	
+	dispatchObservers( this, this._observers.pre, newState, oldState );
+	if ( this._fragment ) this._fragment.update( newState, this._state );
+	dispatchObservers( this, this._observers.post, newState, oldState );
+};
+
+SvelteComponent.prototype.teardown = SvelteComponent.prototype.destroy = function destroy ( detach ) {
+	this.fire( 'destroy' );
+
+	this._fragment.destroy( detach !== false );
+	this._fragment = null;
+
+	this._state = {};
+	this._torndown = true;
+};
+
+export default SvelteComponent;
\ No newline at end of file
diff --git a/test/js/samples/computed-collapsed-if/input.html b/test/js/samples/computed-collapsed-if/input.html
new file mode 100644
index 000000000000..a68513b860fe
--- /dev/null
+++ b/test/js/samples/computed-collapsed-if/input.html
@@ -0,0 +1,8 @@
+<script>
+	export default {
+		computed: {
+			a: x => x * 2,
+			b: x => x * 3
+		}
+	};
+</script>
\ No newline at end of file