Block 531 Pasir Ris Drive 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Aug 2025 | 01 TO 03 | EXECUTIVE | 148 sqm | $980,000 | $6,622 |
| Mar 2024 | 01 TO 03 | EXECUTIVE | 147 sqm | $938,000 | $6,381 |
| Jul 2022 | 01 TO 03 | EXECUTIVE | 147 sqm | $888,000 | $6,041 |
| Jul 2022 | 07 TO 09 | EXECUTIVE | 149 sqm | $900,000 | $6,040 |
| Mar 2022 | 04 TO 06 | EXECUTIVE | 148 sqm | $888,000 | $6,000 |
| Oct 2021 | 04 TO 06 | EXECUTIVE | 148 sqm | $785,000 | $5,304 |
| Jul 2021 | 04 TO 06 | EXECUTIVE | 148 sqm | $770,000 | $5,203 |
| Dec 2020 | 01 TO 03 | EXECUTIVE | 148 sqm | $730,000 | $4,932 |
| Oct 2020 | 07 TO 09 | EXECUTIVE | 148 sqm | $765,000 | $5,169 |
| Nov 2019 | 07 TO 09 | EXECUTIVE | 149 sqm | $710,000 | $4,765 |
| Nov 2018 | 07 TO 09 | EXECUTIVE | 149 sqm | $758,000 | $5,087 |
| Oct 2018 | 04 TO 06 | EXECUTIVE | 148 sqm | $750,000 | $5,068 |
| Sep 2018 | 01 TO 03 | EXECUTIVE | 148 sqm | $735,000 | $4,966 |
| Dec 2017 | 01 TO 03 | EXECUTIVE | 148 sqm | $690,000 | $4,662 |
| Jan 2017 | 04 TO 06 | EXECUTIVE | 165 sqm | $728,000 | $4,412 |
About Block 531 Pasir Ris Drive 1
Block 531 at Pasir Ris Drive 1 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 66 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $690,000 to $980,000 based on 15 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $980,000 in 2025-08. The current median price per square metre is $5,169. Over the past five years, resale prices at this block have increased by approximately 26%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8979, with an annual lease decay rate of approximately 0.40%. 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 531 Pasir Ris Drive 1 worth?
The most recent resale transaction at Block 531 Pasir Ris Drive 1 was $980,000 for a executive flat in 2025-08. The median price per square metre across all flat types is $5,169, based on 15 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 531 Pasir Ris Drive 1?
Block 531 Pasir Ris Drive 1 was built in 1992 and has approximately 66 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 0.40%, meaning the leasehold value decreases by approximately 0.40% per year at the current remaining lease.
What flat types are available at Block 531 Pasir Ris Drive 1?
Block 531 Pasir Ris Drive 1 in Pasir Ris contains executive flats. Resale prices range from $690,000 to $980,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 531 Pasir Ris Drive 1 gone up or down?
Resale prices at Block 531 Pasir Ris Drive 1 have increased by approximately 26% over the past five years. The current median price is $765,000, with the most recent sale at $980,000 in 2025-08.