Block 540 Pasir Ris Street 51

Executive · Built 1992 · 68 years remaining lease MOP Cleared
Latest Sale
$812,000
Apr 2023 · EXECUTIVE · #01-03
Median $/sqm
$4,861
Based on 7 transactions
Total Transactions
7
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 68 years remaining 99 years
68 years 8 months
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.36%/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
Apr 2023 01 TO 03 EXECUTIVE 144 sqm $812,000 $5,639
May 2021 01 TO 03 EXECUTIVE 144 sqm $700,000 $4,861
Jan 2020 01 TO 03 EXECUTIVE 145 sqm $628,000 $4,331
Dec 2019 04 TO 06 EXECUTIVE 145 sqm $650,000 $4,483
Jun 2018 04 TO 06 EXECUTIVE 144 sqm $690,000 $4,792
Apr 2018 07 TO 09 EXECUTIVE 144 sqm $750,000 $5,208
Jun 2017 10 TO 12 EXECUTIVE 144 sqm $740,000 $5,139
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 540 Pasir Ris Street 51

Block 540 at Pasir Ris Street 51 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 68 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $628,000 to $812,000 based on 7 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $812,000 in 2023-04. The current median price per square metre is $4,861. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9058, with an annual lease decay rate of approximately 0.36%. 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 540 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 540 Pasir Ris Street 51 was $812,000 for a executive flat in 2023-04. The median price per square metre across all flat types is $4,861, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 540 Pasir Ris Street 51?

Block 540 Pasir Ris Street 51 was built in 1992 and has approximately 68 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.36%, meaning the leasehold value decreases by approximately 0.36% per year at the current remaining lease.

What flat types are available at Block 540 Pasir Ris Street 51?

Block 540 Pasir Ris Street 51 in Pasir Ris contains executive flats. Resale prices range from $628,000 to $812,000 based on historical transaction records from data.gov.sg.

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