Block 1 Changi Village Road

3 Room · Built 1980 · 53 years remaining lease MOP Cleared
Latest Sale
$320,000
Aug 2025 · 3 ROOM · #01-03
Median $/sqm
$4,649
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +11.1%
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 53 years remaining 99 years
53 years 11 months
Remaining lease
↓ 0.65%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.65%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2025 01 TO 03 3 ROOM 66 sqm $320,000 $4,848
Apr 2025 01 TO 03 3 ROOM 66 sqm $350,000 $5,303
Mar 2025 04 TO 06 3 ROOM 67 sqm $365,000 $5,448
Oct 2024 04 TO 06 3 ROOM 66 sqm $365,000 $5,530
Aug 2024 04 TO 06 3 ROOM 67 sqm $355,000 $5,299
Oct 2023 01 TO 03 3 ROOM 77 sqm $358,000 $4,649
May 2023 01 TO 03 3 ROOM 66 sqm $315,000 $4,773
Jul 2021 04 TO 06 3 ROOM 66 sqm $315,000 $4,773
Nov 2020 01 TO 03 3 ROOM 66 sqm $300,000 $4,545
Oct 2019 04 TO 06 3 ROOM 66 sqm $215,000 $3,258
Aug 2019 01 TO 03 3 ROOM 67 sqm $270,000 $4,030
Nov 2018 01 TO 03 3 ROOM 66 sqm $275,000 $4,167
Nov 2018 04 TO 06 3 ROOM 67 sqm $300,000 $4,478
Jul 2018 04 TO 06 3 ROOM 66 sqm $300,000 $4,545
Jun 2017 01 TO 03 3 ROOM 77 sqm $320,000 $4,156
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Changi Village Road

Block 1 at Changi Village Road is a residential HDB block in Pasir Ris, Singapore, built in 1980 with approximately 53 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $215,000 to $365,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $320,000 in 2025-08. The current median price per square metre is $4,649. Over the past five years, resale prices at this block have increased by approximately 11.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8435, with an annual lease decay rate of approximately 0.65%. 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 1 Changi Village Road worth?

The most recent resale transaction at Block 1 Changi Village Road was $320,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $4,649, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Changi Village Road?

Block 1 Changi Village Road was built in 1980 and has approximately 53 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 0.65%, meaning the leasehold value decreases by approximately 0.65% per year at the current remaining lease.

What flat types are available at Block 1 Changi Village Road?

Block 1 Changi Village Road in Pasir Ris contains 3 room flats. Resale prices range from $215,000 to $365,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 1 Changi Village Road gone up or down?

Resale prices at Block 1 Changi Village Road have increased by approximately 11.1% over the past five years. The current median price is $315,000, with the most recent sale at $320,000 in 2025-08.

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