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Block 537 Pasir Ris Street 51

Executive · Built 1992 · 65 years remaining lease · Updated Jun 2026 MOP Cleared

Block 537 Pasir Ris Street 51 has 21 recorded HDB resale transactions since 2017. Latest sale: $965,000 (Jun 2026, executive, floors 04–06). Median $5,243/sqm. Prices up 23.7% over the past five years. Built 1992, 65 years lease remaining.

How this block compares

  • Executive$965,000
    +4.2%vs town(+$39k)+6.0%vs national(+$55k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$965,000
Jun 2026 · EXECUTIVE · Floor 04-06
Median $/sqm
$5,243
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +23.7%
Median price change
Median Price ?
Top 11%
#48 / 428 Top 11%
Latest Sale ?
Top 7%
#31 / 428 Top 7%
Value ($/sqm) ?
Top 18%
#75 / 428 Top 18%
5-Year Growth ?
Top 92%
#279 / 303 Top 92%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+4.3%/yr
vs
Lease Decay
−0.41%/yr
Growth assumption
Based on this block’s +23.7% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 65 years remaining 99 years
65 years 7 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Pasir Ris average.

Flat type Median rent /mo Gross yield Based on
Executive $3,800 typically $3,500–$4,000 4.9% Pasir Ris avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 537 Pasir Ris Street 51 in Pasir Ris, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Pasir Ris
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 04 TO 06 EXECUTIVE 149 sqm $965,000 $6,477
Jan 2026 01 TO 03 EXECUTIVE 141 sqm $955,000 $6,773
Nov 2025 04 TO 06 EXECUTIVE 148 sqm $970,000 $6,554
Nov 2024 13 TO 15 EXECUTIVE 141 sqm $984,000 $6,979
Aug 2024 13 TO 15 EXECUTIVE 144 sqm $980,000 $6,806
Jul 2024 07 TO 09 EXECUTIVE 141 sqm $932,000 $6,610
May 2024 07 TO 09 EXECUTIVE 149 sqm $965,000 $6,477
May 2023 04 TO 06 EXECUTIVE 148 sqm $1,000,000 $6,757
Feb 2023 04 TO 06 EXECUTIVE 144 sqm $810,000 $5,625
Oct 2021 04 TO 06 EXECUTIVE 144 sqm $750,000 $5,208
Oct 2021 10 TO 12 EXECUTIVE 141 sqm $810,000 $5,745
Nov 2020 01 TO 03 EXECUTIVE 148 sqm $710,000 $4,797
Oct 2020 04 TO 06 EXECUTIVE 149 sqm $715,000 $4,799
Sep 2020 04 TO 06 EXECUTIVE 144 sqm $700,000 $4,861
Mar 2020 04 TO 06 EXECUTIVE 148 sqm $760,000 $5,135
Dec 2019 10 TO 12 EXECUTIVE 144 sqm $735,000 $5,104
Jul 2019 04 TO 06 EXECUTIVE 148 sqm $645,000 $4,358
Jan 2019 10 TO 12 EXECUTIVE 144 sqm $710,000 $4,931
Nov 2017 04 TO 06 EXECUTIVE 148 sqm $755,000 $5,101
Oct 2017 13 TO 15 EXECUTIVE 144 sqm $755,000 $5,243
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 537 Pasir Ris Street 51

A flat at Block 537 Pasir Ris Street 51 in Pasir Ris has reached $1,000,000 (May 2023), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 34% above the Pasir Ris median, ahead of around 89% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across executive flats priced from $645,000 to $1,000,000. The most recent transaction was an executive flat on storeys 04 TO 06 at $965,000 in Jun 2026, and the median works out to $5,243/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 30% above those on the 04 TO 06 band. Over five years, prices here are up about 23.7%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8952, equivalent to roughly 0.41% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 537 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 537 Pasir Ris Street 51 was $965,000 for a executive flat in 2026-06. The median price per square metre across all flat types is $5,243, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 537 Pasir Ris Street 51?

Block 537 Pasir Ris Street 51 was built in 1992 and has approximately 65 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 537 Pasir Ris Street 51?

Block 537 Pasir Ris Street 51 in Pasir Ris contains executive flats. Resale prices range from $645,000 to $1,000,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 537 Pasir Ris Street 51 gone up or down?

Resale prices at Block 537 Pasir Ris Street 51 have increased by approximately 23.7% over the past five years. The current median price is $760,000, with the most recent sale at $965,000 in 2026-06.

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