Block 423 Pasir Ris Drive 6

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$640,000
Dec 2025 · 4 ROOM · #07-09
Median $/sqm
$4,564
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
▲ +36.4%
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 62 years remaining 99 years
62 years 11 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.45%/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 07 TO 09 4 ROOM 104 sqm $640,000 $6,154
Oct 2025 04 TO 06 4 ROOM 104 sqm $615,000 $5,913
Jun 2024 07 TO 09 5 ROOM 131 sqm $730,000 $5,573
May 2024 04 TO 06 4 ROOM 104 sqm $560,000 $5,385
Jan 2022 07 TO 09 5 ROOM 131 sqm $545,000 $4,160
Dec 2021 04 TO 06 4 ROOM 104 sqm $460,000 $4,423
Dec 2021 10 TO 12 4 ROOM 102 sqm $480,000 $4,706
Aug 2021 01 TO 03 4 ROOM 104 sqm $440,000 $4,231
Nov 2019 07 TO 09 4 ROOM 104 sqm $420,000 $4,038
Jan 2019 07 TO 09 5 ROOM 131 sqm $520,000 $3,969
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 423 Pasir Ris Drive 6

Block 423 at Pasir Ris Drive 6 is a residential HDB block in Pasir Ris, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $420,000 to $730,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $640,000 in 2025-12. The current median price per square metre is $4,564. Over the past five years, resale prices at this block have increased by approximately 36.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8852, with an annual lease decay rate of approximately 0.45%. 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 423 Pasir Ris Drive 6 worth?

The most recent resale transaction at Block 423 Pasir Ris Drive 6 was $640,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,564, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 423 Pasir Ris Drive 6?

Block 423 Pasir Ris Drive 6 was built in 1989 and has approximately 62 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 423 Pasir Ris Drive 6?

Block 423 Pasir Ris Drive 6 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $420,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 423 Pasir Ris Drive 6 gone up or down?

Resale prices at Block 423 Pasir Ris Drive 6 have increased by approximately 36.4% over the past five years. The current median price is $532,500, with the most recent sale at $640,000 in 2025-12.

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