Block 228 Pasir Ris Street 21

4 Room · 5 Room · Built 1993 · 67 years remaining lease MOP Cleared
Latest Sale
$682,000
Oct 2024 · 5 ROOM · #07-09
Median $/sqm
$4,459
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
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Insufficient data
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 67 years remaining 99 years
67 years 10 months
Remaining lease
↓ 0.38%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/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
Oct 2024 07 TO 09 5 ROOM 123 sqm $682,000 $5,545
Sep 2024 04 TO 06 5 ROOM 123 sqm $670,000 $5,447
Aug 2024 07 TO 09 4 ROOM 105 sqm $550,000 $5,238
Jun 2024 10 TO 12 5 ROOM 127 sqm $675,000 $5,315
Jan 2024 01 TO 03 5 ROOM 124 sqm $655,000 $5,282
Jun 2023 01 TO 03 4 ROOM 105 sqm $530,000 $5,048
Feb 2023 01 TO 03 5 ROOM 137 sqm $651,888 $4,758
Sep 2022 07 TO 09 5 ROOM 124 sqm $620,000 $5,000
Aug 2022 04 TO 06 5 ROOM 124 sqm $586,000 $4,726
Dec 2021 01 TO 03 4 ROOM 109 sqm $457,000 $4,193
May 2021 10 TO 12 5 ROOM 127 sqm $505,000 $3,976
Apr 2021 10 TO 12 5 ROOM 124 sqm $515,000 $4,153
Sep 2020 04 TO 06 5 ROOM 126 sqm $460,000 $3,651
Jun 2020 01 TO 03 4 ROOM 105 sqm $370,000 $3,524
Jun 2020 04 TO 06 5 ROOM 124 sqm $452,000 $3,645
Feb 2020 10 TO 12 5 ROOM 126 sqm $515,000 $4,087
Oct 2018 04 TO 06 5 ROOM 124 sqm $485,000 $3,911
Mar 2018 07 TO 09 5 ROOM 137 sqm $490,000 $3,577
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 228 Pasir Ris Street 21

Block 228 at Pasir Ris Street 21 is a residential HDB block in Pasir Ris, Singapore, built in 1993 with approximately 67 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $370,000 to $682,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $682,000 in 2024-10. The current median price per square metre is $4,459. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9031, with an annual lease decay rate of approximately 0.38%. 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 228 Pasir Ris Street 21 worth?

The most recent resale transaction at Block 228 Pasir Ris Street 21 was $682,000 for a 5 room flat in 2024-10. The median price per square metre across all flat types is $4,459, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 228 Pasir Ris Street 21?

Block 228 Pasir Ris Street 21 was built in 1993 and has approximately 67 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 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 228 Pasir Ris Street 21?

Block 228 Pasir Ris Street 21 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $370,000 to $682,000 based on historical transaction records from data.gov.sg.

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