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Block 1 Changi Village Road

3 Room · Built 1980 · 53 years remaining lease · Updated Mar 2026 MOP Cleared

Block 1 Changi Village Road has 16 recorded HDB resale transactions since 2017. Latest sale: $340,000 (Mar 2026, 3 room, floors 01–03). Median $4,711/sqm. Prices up 9.5% over the past five years. Built 1980, 53 years lease remaining.

How this block compares

  • 3 Room$330,000
    −45.5%vs town(−$275k)−25.8%vs national(−$115k)

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
$340,000
Mar 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$4,711
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +9.5%
Median price change
Median Price ?
Top 100%
#426 / 428 Top 100%
Latest Sale ?
Top 100%
#427 / 428 Top 100%
Value ($/sqm) ?
Top 44%
#190 / 428 Top 44%
5-Year Growth ?
Top 99%
#301 / 303 Top 99%
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
+1.8%/yr
vs
Lease Decay
−0.66%/yr
Growth assumption
Based on this block’s +9.5% 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 53 years remaining 99 years
53 years 4 months
Remaining lease
↓ 0.66%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.66%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
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 $2,600 typically $2,000–$2,700 9.5% 7 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).
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 01 TO 03 3 ROOM 67 sqm $340,000 $5,075
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 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Changi Village Road

Block 1 Changi Village Road in Pasir Ris dates to 1980 and now has roughly 53 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 44% below the Pasir Ris median, cheaper than about 99% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 3 room flats priced from $215,000 to $365,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $340,000 in Mar 2026, and the median works out to $4,711/sqm. Prices have risen around 9.5% over five years. All transaction data is sourced from data.gov.sg and 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 $340,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,711, based on 16 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 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.66%, meaning the leasehold value decreases by approximately 0.66% 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 9.5% over the past five years. The current median price is $317,500, with the most recent sale at $340,000 in 2026-03.

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