Block 531 Pasir Ris Drive 1
Block 531 Pasir Ris Drive 1 has 17 recorded HDB resale transactions since 2017. Latest sale: $1,008,000 (May 2026, executive, floors 01–03). Median $5,203/sqm. Prices up 29.6% over the past five years. Built 1992, 65 years lease remaining.
How this block compares
- Executive$1,008,000+8.8%vs town(+$82k)+10.8%vs national(+$98k)
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 Pasir Ris average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| Executive | $3,800 typically $3,500–$4,000 | 4.9% | Pasir Ris avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. 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 531 Pasir Ris Drive 1 in Pasir Ris, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2026 | 01 TO 03 | EXECUTIVE | 147 sqm | $1,008,000 | $6,857 |
| Mar 2026 | 07 TO 09 | EXECUTIVE | 149 sqm | $1,260,000 | $8,456 |
| 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
A flat at Block 531 Pasir Ris Drive 1 in Pasir Ris has reached $1,260,000 (Mar 2026), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 36% above the Pasir Ris median, ahead of around 91% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across executive flats priced from $690,000 to $1,260,000. The most recent transaction was an executive flat on storeys 01 TO 03 at $1,008,000 in May 2026, and the median works out to $5,203/sqm. Over five years, prices here are up about 29.6%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8952, equivalent to roughly 0.41% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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 $1,008,000 for a executive flat in 2026-05. The median price per square metre across all flat types is $5,203, based on 17 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 65 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 0.41%, meaning the leasehold value decreases by approximately 0.41% 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 $1,260,000 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 29.6% over the past five years. The current median price is $770,000, with the most recent sale at $1,008,000 in 2026-05.