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Block 21 Balam Road

3 Room · Built 1967 · 40 years remaining lease · Updated Oct 2025 MOP Cleared

Block 21 Balam Road has 30 recorded HDB resale transactions since 2017. Latest sale: $324,000 (Oct 2025, 3 room, floors 07–09). Median $4,751/sqm. Prices up 34.7% over the past five years. Built 1967, 40 years lease remaining.

How this block compares

  • 3 Room$332,000
    −11.2%vs town(−$42k)−25.4%vs national(−$113k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$324,000
Oct 2025 · 3 ROOM · Floor 07-09
Median $/sqm
$4,751
Based on 30 transactions
Total Transactions
30
Since Jan 2017
5-Year Trend
▲ +34.7%
Median price change
Median Price ?
Top 84%
#213 / 253 Top 84%
Latest Sale ?
Top 89%
#224 / 253 Top 89%
Value ($/sqm) ?
Top 83%
#209 / 253 Top 83%
5-Year Growth ?
Top 40%
#74 / 187 Top 40%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.1%/yr
vs
Lease Decay
−1.16%/yr
Growth assumption
Based on this block’s +34.7% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 40 years remaining 99 years
40 years 4 months
Remaining lease
↓ 1.16%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 40 years remaining, decay is accelerating (~1.16%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,700 typically $2,600–$3,000 9.8% 5 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 21 Balam Road in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Geylang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2025 07 TO 09 3 ROOM 60.3 sqm $324,000 $5,373
Aug 2025 04 TO 06 3 ROOM 60.3 sqm $340,000 $5,638
Aug 2025 04 TO 06 3 ROOM 60.3 sqm $315,000 $5,224
Aug 2025 07 TO 09 3 ROOM 60.3 sqm $360,000 $5,970
May 2025 01 TO 03 3 ROOM 60.3 sqm $285,000 $4,726
Apr 2025 07 TO 09 3 ROOM 60.3 sqm $320,000 $5,307
Jan 2025 01 TO 03 3 ROOM 60.3 sqm $290,000 $4,809
Nov 2024 04 TO 06 3 ROOM 60.3 sqm $350,000 $5,804
Sep 2024 04 TO 06 3 ROOM 60.3 sqm $318,000 $5,274
Jul 2024 01 TO 03 3 ROOM 60.3 sqm $290,000 $4,809
Mar 2024 07 TO 09 3 ROOM 60.3 sqm $270,000 $4,478
Dec 2023 07 TO 09 3 ROOM 60.3 sqm $290,000 $4,809
Nov 2023 07 TO 09 3 ROOM 60.3 sqm $305,000 $5,058
Sep 2023 07 TO 09 3 ROOM 60.3 sqm $288,000 $4,776
Aug 2023 04 TO 06 3 ROOM 60.3 sqm $310,000 $5,141
Dec 2022 10 TO 12 3 ROOM 60.3 sqm $295,000 $4,892
Nov 2022 04 TO 06 3 ROOM 60.3 sqm $290,000 $4,809
Jul 2022 01 TO 03 3 ROOM 60 sqm $258,000 $4,300
Jul 2021 01 TO 03 3 ROOM 60.3 sqm $230,000 $3,814
Jun 2021 01 TO 03 3 ROOM 60 sqm $245,000 $4,083
Showing 20 of 30 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 21 Balam Road

Block 21 Balam Road in Geylang dates to 1967 and now has roughly 40 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 40% below the Geylang median, cheaper than about 84% of the town's blocks. It has a regular flow of resale activity, with 30 transactions since 2017 across 3 room flats priced from $200,000 to $360,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $324,000 in Oct 2025, and the median works out to $4,751/sqm. Over five years, prices here are up about 34.7%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 21 Balam Road worth?

The most recent resale transaction at Block 21 Balam Road was $324,000 for a 3 room flat in 2025-10. The median price per square metre across all flat types is $4,751, based on 30 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 21 Balam Road?

Block 21 Balam Road was built in 1967 and has approximately 40 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.16%, meaning the leasehold value decreases by approximately 1.16% per year at the current remaining lease.

What flat types are available at Block 21 Balam Road?

Block 21 Balam Road in Geylang contains 3 room flats. Resale prices range from $200,000 to $360,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 21 Balam Road gone up or down?

Resale prices at Block 21 Balam Road have increased by approximately 34.7% over the past five years. The current median price is $286,500, with the most recent sale at $324,000 in 2025-10.

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