Block 628 Pasir Ris Drive 3

5 Room · Built 1995 · 69 years remaining lease MOP Cleared
Latest Sale
$675,000
May 2025 · 5 ROOM · #04-06
Median $/sqm
$4,507
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +23.2%
Median price change
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
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Future Value Projection
Estimated value in --
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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 69 years remaining 99 years
69 years 1 months
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.36%/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
May 2025 04 TO 06 5 ROOM 120 sqm $675,000 $5,625
Mar 2025 01 TO 03 5 ROOM 121 sqm $680,000 $5,620
Aug 2023 07 TO 09 5 ROOM 120 sqm $668,000 $5,567
Dec 2022 01 TO 03 5 ROOM 120 sqm $600,000 $5,000
Apr 2022 13 TO 15 5 ROOM 122 sqm $625,000 $5,123
Nov 2021 04 TO 06 5 ROOM 122 sqm $570,000 $4,672
May 2021 13 TO 15 5 ROOM 120 sqm $542,000 $4,517
Apr 2021 10 TO 12 5 ROOM 122 sqm $558,000 $4,574
Mar 2021 04 TO 06 5 ROOM 120 sqm $530,000 $4,417
Nov 2020 07 TO 09 5 ROOM 120 sqm $530,000 $4,417
Aug 2018 10 TO 12 5 ROOM 120 sqm $540,800 $4,507
Jul 2018 01 TO 03 5 ROOM 121 sqm $430,000 $3,554
May 2018 04 TO 06 5 ROOM 122 sqm $430,000 $3,525
May 2018 10 TO 12 5 ROOM 122 sqm $440,000 $3,607
Jan 2018 01 TO 03 5 ROOM 122 sqm $428,000 $3,508
Oct 2017 04 TO 06 5 ROOM 122 sqm $475,000 $3,893
Sep 2017 01 TO 03 5 ROOM 121 sqm $400,000 $3,306
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 628 Pasir Ris Drive 3

Block 628 at Pasir Ris Drive 3 is a residential HDB block in Pasir Ris, Singapore, built in 1995 with approximately 69 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $400,000 to $680,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $675,000 in 2025-05. The current median price per square metre is $4,507. Over the past five years, resale prices at this block have increased by approximately 23.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9071, with an annual lease decay rate of approximately 0.36%. 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 628 Pasir Ris Drive 3 worth?

The most recent resale transaction at Block 628 Pasir Ris Drive 3 was $675,000 for a 5 room flat in 2025-05. The median price per square metre across all flat types is $4,507, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 628 Pasir Ris Drive 3?

Block 628 Pasir Ris Drive 3 was built in 1995 and has approximately 69 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.36%, meaning the leasehold value decreases by approximately 0.36% per year at the current remaining lease.

What flat types are available at Block 628 Pasir Ris Drive 3?

Block 628 Pasir Ris Drive 3 in Pasir Ris contains 5 room flats. Resale prices range from $400,000 to $680,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 628 Pasir Ris Drive 3 gone up or down?

Resale prices at Block 628 Pasir Ris Drive 3 have increased by approximately 23.2% over the past five years. The current median price is $540,800, with the most recent sale at $675,000 in 2025-05.

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