Block 23 Balam Road
Block 23 Balam Road has 33 recorded HDB resale transactions since 2017. Latest sale: $325,000 (Mar 2026, 3 room, floors 01–03). Median $4,643/sqm. Prices up 16.3% over the past five years. Built 1967, 39 years lease remaining.
How this block compares
- 3 Room$312,900−16.3%vs town(−$61k)−29.7%vs national(−$132k)
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.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Geylang average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,800 typically $2,500–$3,000 | 9% | Geylang avg · block too thin |
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.
- 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.
Other HDB blocks closest to Block 23 Balam Road in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| 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 |
About Block 23 Balam Road
Block 23 Balam Road in Geylang dates to 1967 and now has roughly 39 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 41% below the Geylang median, cheaper than about 85% of the town's blocks. It has a regular flow of resale activity, with 33 transactions since 2017 across 3 room flats priced from $188,000 to $353,088. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $325,000 in Mar 2026, and the median works out to $4,643/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 15% above the 01 TO 03 band. Over five years, prices here are up about 16.3%. All transaction data is sourced from data.gov.sg and 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.