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Block 535 Pasir Ris Drive 1

Executive · Built 1992 · 66 years remaining lease · Updated Jan 2026 MOP Cleared

Block 535 Pasir Ris Drive 1 has 8 recorded HDB resale transactions since 2017. Latest sale: $890,000 (Jan 2026, executive, floors 01–03). Median $5,597/sqm. Prices up 15.6% over the past five years. Built 1992, 66 years lease remaining.

Latest Sale
$890,000
Jan 2026 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,597
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
▲ +15.6%
Median price change
Median Price ?
Top 5%
#20 / 428 Top 5%
Latest Sale ?
Top 19%
#80 / 428 Top 19%
Value ($/sqm) ?
Top 9%
#40 / 428 Top 9%
5-Year Growth ?
Top 97%
#295 / 303 Top 97%
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
+2.9%/yr
vs
Lease Decay
−0.40%/yr
Growth assumption
Based on this block’s +15.6% 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 66 years remaining 99 years
66 years
Remaining lease
↓ 0.40%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.40%/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). 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
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).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 535 Pasir Ris Drive 1 in Pasir Ris, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Pasir Ris
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 01 TO 03 EXECUTIVE 150 sqm $890,000 $5,933
May 2025 04 TO 06 EXECUTIVE 147 sqm $980,000 $6,667
May 2023 04 TO 06 EXECUTIVE 150 sqm $848,000 $5,653
Jun 2022 07 TO 09 EXECUTIVE 145 sqm $818,000 $5,641
Sep 2021 04 TO 06 EXECUTIVE 145 sqm $805,000 $5,552
Jul 2021 07 TO 09 EXECUTIVE 150 sqm $812,000 $5,413
Jan 2020 04 TO 06 EXECUTIVE 145 sqm $685,000 $4,724
Oct 2018 04 TO 06 EXECUTIVE 145 sqm $725,000 $5,000
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 535 Pasir Ris Drive 1

Block 535 Pasir Ris Drive 1 is among the priciest HDB blocks in Pasir Ris, with a median of $815,000 that runs higher than about 96% of the town's blocks. It has a relatively light resale record, with 8 transactions since 2017 across executive flats priced from $685,000 to $980,000. The most recent transaction was an executive flat on storeys 01 TO 03 at $890,000 in Jan 2026, and the median works out to $5,597/sqm. Over five years, prices here are up about 15.6%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8967, equivalent to roughly 0.40% 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 535 Pasir Ris Drive 1 worth?

The most recent resale transaction at Block 535 Pasir Ris Drive 1 was $890,000 for a executive flat in 2026-01. The median price per square metre across all flat types is $5,597, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 535 Pasir Ris Drive 1?

Block 535 Pasir Ris Drive 1 was built in 1992 and has approximately 66 years 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 535 Pasir Ris Drive 1?

Block 535 Pasir Ris Drive 1 in Pasir Ris contains executive flats. Resale prices range from $685,000 to $980,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 535 Pasir Ris Drive 1 gone up or down?

Resale prices at Block 535 Pasir Ris Drive 1 have increased by approximately 15.6% over the past five years. The current median price is $815,000, with the most recent sale at $890,000 in 2026-01.

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