Block 548 Pasir Ris Street 51

Executive · Built 1992 · 67 years remaining lease MOP Cleared
Latest Sale
$890,000
May 2024 · EXECUTIVE · #07-09
Median $/sqm
$5,000
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 548
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 67 years remaining 99 years
67 years 8 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
May 2024 07 TO 09 EXECUTIVE 144 sqm $890,000 $6,181
Feb 2024 04 TO 06 EXECUTIVE 144 sqm $875,000 $6,076
Sep 2023 04 TO 06 EXECUTIVE 144 sqm $833,000 $5,785
Feb 2023 10 TO 12 EXECUTIVE 144 sqm $840,000 $5,833
Dec 2022 10 TO 12 EXECUTIVE 144 sqm $808,000 $5,611
Nov 2021 07 TO 09 EXECUTIVE 144 sqm $725,000 $5,035
Oct 2021 01 TO 03 EXECUTIVE 144 sqm $665,000 $4,618
Aug 2021 04 TO 06 EXECUTIVE 144 sqm $712,000 $4,944
Mar 2021 10 TO 12 EXECUTIVE 144 sqm $710,000 $4,931
Jan 2021 04 TO 06 EXECUTIVE 144 sqm $720,000 $5,000
Nov 2020 07 TO 09 EXECUTIVE 144 sqm $698,000 $4,847
May 2019 04 TO 06 EXECUTIVE 144 sqm $660,000 $4,583
Apr 2018 07 TO 09 EXECUTIVE 144 sqm $720,000 $5,000
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 548 Pasir Ris Street 51

Block 548 at Pasir Ris Street 51 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 67 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $660,000 to $890,000 based on 13 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $890,000 in 2024-05. The current median price per square metre is $5,000. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9025, 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 548 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 548 Pasir Ris Street 51 was $890,000 for a executive flat in 2024-05. The median price per square metre across all flat types is $5,000, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 548 Pasir Ris Street 51?

Block 548 Pasir Ris Street 51 was built in 1992 and has approximately 67 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 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 548 Pasir Ris Street 51?

Block 548 Pasir Ris Street 51 in Pasir Ris contains executive flats. Resale prices range from $660,000 to $890,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard