Block 231 Pasir Ris Drive 4

4 Room · 5 Room · Built 1993 · 66 years remaining lease MOP Cleared
Latest Sale
$710,000
Dec 2025 · 5 ROOM · #01-03
Median $/sqm
$3,873
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +53.8%
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 66 years remaining 99 years
66 years 8 months
Remaining lease
↓ 0.39%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.39%/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
Dec 2025 01 TO 03 5 ROOM 130 sqm $710,000 $5,462
Jul 2025 07 TO 09 5 ROOM 125 sqm $740,000 $5,920
Apr 2025 07 TO 09 4 ROOM 107 sqm $615,000 $5,748
Dec 2024 04 TO 06 5 ROOM 128 sqm $720,000 $5,625
Mar 2024 10 TO 12 4 ROOM 107 sqm $530,000 $4,953
Sep 2023 01 TO 03 4 ROOM 107 sqm $545,000 $5,093
Mar 2023 13 TO 15 4 ROOM 106 sqm $535,000 $5,047
Feb 2022 10 TO 12 5 ROOM 130 sqm $615,000 $4,731
Jul 2021 04 TO 06 4 ROOM 107 sqm $438,000 $4,093
Mar 2021 04 TO 06 5 ROOM 125 sqm $485,000 $3,880
Nov 2020 07 TO 09 5 ROOM 125 sqm $465,000 $3,720
Aug 2020 04 TO 06 4 ROOM 107 sqm $410,000 $3,832
Jan 2020 04 TO 06 4 ROOM 106 sqm $410,000 $3,868
Dec 2019 13 TO 15 4 ROOM 107 sqm $415,000 $3,879
Sep 2019 07 TO 09 4 ROOM 107 sqm $403,000 $3,766
Sep 2019 04 TO 06 4 ROOM 107 sqm $415,000 $3,879
Sep 2019 01 TO 03 5 ROOM 130 sqm $465,000 $3,577
Apr 2019 04 TO 06 5 ROOM 126 sqm $470,000 $3,730
Jan 2019 01 TO 03 5 ROOM 125 sqm $408,000 $3,264
Apr 2018 01 TO 03 4 ROOM 107 sqm $340,000 $3,178
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 231 Pasir Ris Drive 4

Block 231 at Pasir Ris Drive 4 is a residential HDB block in Pasir Ris, Singapore, built in 1993 with approximately 66 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $340,000 to $740,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $710,000 in 2025-12. The current median price per square metre is $3,873. Over the past five years, resale prices at this block have increased by approximately 53.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8991, with an annual lease decay rate of approximately 0.39%. 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 231 Pasir Ris Drive 4 worth?

The most recent resale transaction at Block 231 Pasir Ris Drive 4 was $710,000 for a 5 room flat in 2025-12. The median price per square metre across all flat types is $3,873, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 231 Pasir Ris Drive 4?

Block 231 Pasir Ris Drive 4 was built in 1993 and has approximately 66 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.39%, meaning the leasehold value decreases by approximately 0.39% per year at the current remaining lease.

What flat types are available at Block 231 Pasir Ris Drive 4?

Block 231 Pasir Ris Drive 4 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $340,000 to $740,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 231 Pasir Ris Drive 4 gone up or down?

Resale prices at Block 231 Pasir Ris Drive 4 have increased by approximately 53.8% over the past five years. The current median price is $462,500, with the most recent sale at $710,000 in 2025-12.

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