Block 188 Pasir Ris Street 12

4 Room · 5 Room · Built 1993 · 66 years remaining lease MOP Cleared
Latest Sale
$748,000
Dec 2025 · 5 ROOM · #10-12
Median $/sqm
$3,952
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +45.2%
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 66 years remaining 99 years
66 years 10 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 10 TO 12 5 ROOM 124 sqm $748,000 $6,032
Oct 2025 04 TO 06 5 ROOM 125 sqm $705,000 $5,640
Jun 2025 07 TO 09 4 ROOM 104 sqm $623,000 $5,990
Jun 2025 07 TO 09 5 ROOM 124 sqm $725,000 $5,847
Jul 2022 10 TO 12 5 ROOM 125 sqm $656,000 $5,248
Sep 2021 13 TO 15 5 ROOM 122 sqm $525,000 $4,303
Apr 2021 01 TO 03 5 ROOM 122 sqm $495,000 $4,057
Jan 2021 04 TO 06 5 ROOM 122 sqm $488,000 $4,000
Jan 2021 10 TO 12 5 ROOM 124 sqm $490,000 $3,952
Jul 2020 04 TO 06 5 ROOM 122 sqm $458,000 $3,754
Oct 2019 07 TO 09 5 ROOM 124 sqm $465,000 $3,750
Jul 2019 10 TO 12 5 ROOM 125 sqm $470,000 $3,760
Feb 2019 01 TO 03 5 ROOM 140 sqm $476,000 $3,400
Apr 2018 07 TO 09 5 ROOM 123 sqm $458,000 $3,724
Jul 2017 13 TO 15 5 ROOM 123 sqm $450,000 $3,659
Mar 2017 07 TO 09 5 ROOM 123 sqm $475,000 $3,862
Mar 2017 10 TO 12 5 ROOM 123 sqm $485,000 $3,943
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 188 Pasir Ris Street 12

Block 188 at Pasir Ris Street 12 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 $450,000 to $748,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $748,000 in 2025-12. The current median price per square metre is $3,952. Over the past five years, resale prices at this block have increased by approximately 45.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8997, 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 188 Pasir Ris Street 12 worth?

The most recent resale transaction at Block 188 Pasir Ris Street 12 was $748,000 for a 5 room flat in 2025-12. The median price per square metre across all flat types is $3,952, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 188 Pasir Ris Street 12?

Block 188 Pasir Ris Street 12 was built in 1993 and has approximately 66 years and 10 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 188 Pasir Ris Street 12?

Block 188 Pasir Ris Street 12 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $450,000 to $748,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 188 Pasir Ris Street 12 gone up or down?

Resale prices at Block 188 Pasir Ris Street 12 have increased by approximately 45.2% over the past five years. The current median price is $488,000, with the most recent sale at $748,000 in 2025-12.

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