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Block 538 Pasir Ris Street 51

Executive · Built 1992 · 66 years remaining lease · Updated Aug 2025 MOP Cleared

Block 538 Pasir Ris Street 51 has 10 recorded HDB resale transactions since 2017. Latest sale: $943,000 (Aug 2025, executive, floors 07–09). Median $5,274/sqm. Prices up 30.2% over the past five years. Built 1992, 66 years lease remaining.

Latest Sale
$943,000
Aug 2025 · EXECUTIVE · Floor 07-09
Median $/sqm
$5,274
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
▲ +30.2%
Median price change
Median Price ?
Top 11%
#49 / 428 Top 11%
Latest Sale ?
Top 10%
#42 / 428 Top 10%
Value ($/sqm) ?
Top 16%
#67 / 428 Top 16%
5-Year Growth ?
Top 75%
#228 / 303 Top 75%
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
+5.4%/yr
vs
Lease Decay
−0.40%/yr
Growth assumption
Based on this block’s +30.2% 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 66 years remaining 99 years
66 years 4 months
Remaining lease
↓ 0.40%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.40%/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 538 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
Aug 2025 07 TO 09 EXECUTIVE 143 sqm $943,000 $6,594
May 2024 01 TO 03 EXECUTIVE 144 sqm $800,000 $5,556
Oct 2023 01 TO 03 EXECUTIVE 143 sqm $870,000 $6,084
Sep 2022 10 TO 12 EXECUTIVE 143 sqm $855,000 $5,979
Jun 2021 13 TO 15 EXECUTIVE 144 sqm $800,000 $5,556
Jan 2021 01 TO 03 EXECUTIVE 143 sqm $648,000 $4,531
Aug 2020 01 TO 03 EXECUTIVE 144 sqm $640,000 $4,444
May 2019 01 TO 03 EXECUTIVE 144 sqm $670,000 $4,653
Apr 2018 13 TO 15 EXECUTIVE 144 sqm $718,888 $4,992
May 2017 10 TO 12 EXECUTIVE 144 sqm $620,000 $4,306
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Pasir Ris Street 51

Block 538 Pasir Ris Street 51 sits near the top of the Pasir Ris resale market, its $759,444 median dearer than roughly 89% of blocks in the town. It has a relatively light resale record, with 10 transactions since 2017 across executive flats priced from $620,000 to $943,000. The most recent transaction was an executive flat on storeys 07 TO 09 at $943,000 in Aug 2025, and the median works out to $5,274/sqm. Over five years, prices here are up about 30.2%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8979, an annual lease decay of about 0.40%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 538 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 538 Pasir Ris Street 51 was $943,000 for a executive flat in 2025-08. The median price per square metre across all flat types is $5,274, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Pasir Ris Street 51?

Block 538 Pasir Ris Street 51 was built in 1992 and has approximately 66 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.40%, meaning the leasehold value decreases by approximately 0.40% per year at the current remaining lease.

What flat types are available at Block 538 Pasir Ris Street 51?

Block 538 Pasir Ris Street 51 in Pasir Ris contains executive flats. Resale prices range from $620,000 to $943,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Pasir Ris Street 51 gone up or down?

Resale prices at Block 538 Pasir Ris Street 51 have increased by approximately 30.2% over the past five years. The current median price is $759,444, with the most recent sale at $943,000 in 2025-08.

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