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Block 24 Balam Road

3 Room · Built 1967 · 39 years remaining lease · Updated Jun 2026 MOP Cleared

Block 24 Balam Road has 35 recorded HDB resale transactions since 2017. Latest sale: $280,000 (Jun 2026, 3 room, floors 10–12). Median $4,333/sqm. Prices up 36.8% over the past five years. Built 1967, 39 years lease remaining.

How this block compares

  • 3 Room$317,500
    −15.1%vs town(−$57k)−28.7%vs national(−$128k)

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
$280,000
Jun 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$4,333
Based on 35 transactions
Total Transactions
35
Since Jan 2017
5-Year Trend
▲ +36.8%
Median price change
Median Price ?
Top 93%
#236 / 253 Top 93%
Latest Sale ?
Top 97%
#246 / 253 Top 97%
Value ($/sqm) ?
Top 94%
#239 / 253 Top 94%
5-Year Growth ?
Top 31%
#58 / 187 Top 31%
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
+6.5%/yr
vs
Lease Decay
−1.21%/yr
Growth assumption
Based on this block’s +36.8% 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 39 years remaining 99 years
39 years 7 months
Remaining lease
↓ 1.21%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 39 years remaining, decay is accelerating (~1.21%/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 $2,500 typically $2,300–$3,000 9.4% 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 24 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
Jun 2026 10 TO 12 3 ROOM 60 sqm $280,000 $4,667
Mar 2026 01 TO 03 3 ROOM 60 sqm $318,000 $5,300
Nov 2025 01 TO 03 3 ROOM 60 sqm $323,000 $5,383
Nov 2025 04 TO 06 3 ROOM 60 sqm $317,000 $5,283
May 2025 01 TO 03 3 ROOM 60 sqm $318,000 $5,300
Feb 2025 04 TO 06 3 ROOM 60 sqm $310,000 $5,167
Feb 2025 01 TO 03 3 ROOM 60 sqm $320,000 $5,333
Jan 2025 07 TO 09 3 ROOM 60 sqm $355,000 $5,917
May 2024 10 TO 12 3 ROOM 60 sqm $320,000 $5,333
Mar 2024 07 TO 09 3 ROOM 60 sqm $312,000 $5,200
Sep 2023 04 TO 06 3 ROOM 60 sqm $285,000 $4,750
Jun 2023 04 TO 06 3 ROOM 60 sqm $295,000 $4,917
Jun 2023 01 TO 03 3 ROOM 60 sqm $312,000 $5,200
Dec 2022 04 TO 06 3 ROOM 60 sqm $285,000 $4,750
Nov 2022 07 TO 09 3 ROOM 60 sqm $335,000 $5,583
Dec 2021 04 TO 06 3 ROOM 60 sqm $260,000 $4,333
Aug 2021 01 TO 03 3 ROOM 60 sqm $205,000 $3,417
Nov 2020 04 TO 06 3 ROOM 60 sqm $210,000 $3,500
Jul 2020 01 TO 03 3 ROOM 60 sqm $207,000 $3,450
Jul 2020 04 TO 06 3 ROOM 60 sqm $220,000 $3,667
Showing 20 of 35 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 24 Balam Road

Block 24 Balam Road is an ageing-lease HDB block in Geylang, built in 1967 with about 39 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 45% below the Geylang median, cheaper than about 92% of the town's blocks. It has a regular flow of resale activity, with 35 transactions since 2017 across 3 room flats priced from $200,000 to $355,000. The most recent transaction was a 3 room flat on storeys 10 TO 12 at $280,000 in Jun 2026, and the median works out to $4,333/sqm. Over five years, prices here are up about 36.8%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 24 Balam Road worth?

The most recent resale transaction at Block 24 Balam Road was $280,000 for a 3 room flat in 2026-06. The median price per square metre across all flat types is $4,333, based on 35 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 24 Balam Road?

Block 24 Balam Road was built in 1967 and has approximately 39 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.21%, meaning the leasehold value decreases by approximately 1.21% per year at the current remaining lease.

What flat types are available at Block 24 Balam Road?

Block 24 Balam Road in Geylang contains 3 room flats. Resale prices range from $200,000 to $355,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 24 Balam Road gone up or down?

Resale prices at Block 24 Balam Road have increased by approximately 36.8% over the past five years. The current median price is $260,000, with the most recent sale at $280,000 in 2026-06.

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