Block 534 Pasir Ris Drive 1

Executive · Built 1992 · 67 years remaining lease MOP Cleared

Latest Sale

$928,000

Oct 2024 · EXECUTIVE · #04-06

Median $/sqm

$5,184

Based on 9 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 67 years remaining 99 years

67 years 3 months

Remaining lease

↓ 0.38%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/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
Oct 2024	04 TO 06	EXECUTIVE	144 sqm	$928,000	$6,444
Jul 2024	04 TO 06	EXECUTIVE	146 sqm	$958,000	$6,562
Jun 2023	10 TO 12	EXECUTIVE	147 sqm	$930,000	$6,327
Aug 2021	10 TO 12	EXECUTIVE	147 sqm	$762,000	$5,184
Aug 2021	10 TO 12	EXECUTIVE	148 sqm	$808,000	$5,459
Mar 2019	01 TO 03	EXECUTIVE	148 sqm	$713,888	$4,824
May 2017	07 TO 09	EXECUTIVE	146 sqm	$695,000	$4,760
May 2017	10 TO 12	EXECUTIVE	154 sqm	$765,000	$4,968
Mar 2017	10 TO 12	EXECUTIVE	144 sqm	$710,000	$4,931

Showing 9 of 9 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 534 Pasir Ris Drive 1

Block 534 at Pasir Ris Drive 1 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 67 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $695,000 to $958,000 based on 9 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $928,000 in 2024-10. The current median price per square metre is $5,184. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9011, with an annual lease decay rate of approximately 0.38%. 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 534 Pasir Ris Drive 1 worth?

The most recent resale transaction at Block 534 Pasir Ris Drive 1 was $928,000 for a executive flat in 2024-10. The median price per square metre across all flat types is $5,184, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 534 Pasir Ris Drive 1?

Block 534 Pasir Ris Drive 1 was built in 1992 and has approximately 67 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 534 Pasir Ris Drive 1?

Block 534 Pasir Ris Drive 1 in Pasir Ris contains executive flats. Resale prices range from $695,000 to $958,000 based on historical transaction records from data.gov.sg.