Block 23 Balam Road

3 Room · Built 1967 · 39 years remaining lease MOP Cleared
Latest Sale
$325,000
Mar 2026 · 3 ROOM · #01-03
Median $/sqm
$4,643
Based on 33 transactions
Total Transactions
33
Since Jan 2017
5-Year Trend
▲ +16.3%
Median price change
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 39 years remaining 99 years
39 years 11 months
Remaining lease
↓ 1.19%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 39 years remaining, decay is accelerating (~1.19%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 01 TO 03 3 ROOM 60.3 sqm $325,000 $5,390
Jan 2026 07 TO 09 3 ROOM 60.3 sqm $302,000 $5,008
Sep 2025 01 TO 03 3 ROOM 60.3 sqm $290,000 $4,809
Aug 2025 07 TO 09 3 ROOM 60.3 sqm $323,800 $5,370
Apr 2025 04 TO 06 3 ROOM 60.3 sqm $322,000 $5,340
Mar 2025 07 TO 09 3 ROOM 60.3 sqm $335,000 $5,556
Jan 2025 04 TO 06 3 ROOM 60.3 sqm $305,000 $5,058
Jan 2025 04 TO 06 3 ROOM 60.3 sqm $330,000 $5,473
Jan 2025 07 TO 09 3 ROOM 60.3 sqm $353,088 $5,856
Jan 2025 07 TO 09 3 ROOM 60.3 sqm $345,000 $5,721
Apr 2024 07 TO 09 3 ROOM 60.3 sqm $310,000 $5,141
Dec 2023 04 TO 06 3 ROOM 60.3 sqm $300,000 $4,975
Aug 2023 04 TO 06 3 ROOM 60.3 sqm $300,000 $4,975
Jul 2023 07 TO 09 3 ROOM 60.3 sqm $310,000 $5,141
Nov 2022 07 TO 09 3 ROOM 60.3 sqm $288,000 $4,776
Sep 2022 01 TO 03 3 ROOM 60.3 sqm $263,000 $4,362
Feb 2022 07 TO 09 3 ROOM 60.3 sqm $275,000 $4,561
Oct 2021 07 TO 09 3 ROOM 60.3 sqm $285,000 $4,726
Aug 2021 07 TO 09 3 ROOM 60.3 sqm $280,000 $4,643
Jul 2021 01 TO 03 3 ROOM 60 sqm $260,000 $4,333
Showing 20 of 33 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 23 Balam Road

Block 23 at Balam Road is a residential HDB block in Geylang, Singapore, built in 1967 with approximately 39 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $188,000 to $353,088 based on 33 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $325,000 in 2026-03. The current median price per square metre is $4,643. Over the past five years, resale prices at this block have increased by approximately 16.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7467, with an annual lease decay rate of approximately 1.19%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 23 Balam Road worth?

The most recent resale transaction at Block 23 Balam Road was $325,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,643, based on 33 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 23 Balam Road?

Block 23 Balam Road was built in 1967 and has approximately 39 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.19%, meaning the leasehold value decreases by approximately 1.19% per year at the current remaining lease.

What flat types are available at Block 23 Balam Road?

Block 23 Balam Road in Geylang contains 3 room flats. Resale prices range from $188,000 to $353,088 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 23 Balam Road gone up or down?

Resale prices at Block 23 Balam Road have increased by approximately 16.3% over the past five years. The current median price is $280,000, with the most recent sale at $325,000 in 2026-03.

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