Block 550 Pasir Ris Street 51

Executive · Built 1992 · 69 years remaining lease MOP Cleared

Latest Sale

$745,000

Apr 2022 · EXECUTIVE · #04-06

Median $/sqm

$4,931

Based on 7 transactions

Total Transactions

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?

Storey Band

Flat Type

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.

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Lease Decay Projection

0 years 69 years remaining 99 years

69 years 9 months

Remaining lease

↓ 0.35%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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 2022	04 TO 06	EXECUTIVE	144 sqm	$745,000	$5,174
Oct 2021	04 TO 06	EXECUTIVE	144 sqm	$745,000	$5,174
Aug 2021	10 TO 12	EXECUTIVE	144 sqm	$768,000	$5,333
Nov 2020	10 TO 12	EXECUTIVE	144 sqm	$670,000	$4,653
Aug 2020	13 TO 15	EXECUTIVE	144 sqm	$705,000	$4,896
May 2018	10 TO 12	EXECUTIVE	144 sqm	$710,000	$4,931
Apr 2018	07 TO 09	EXECUTIVE	144 sqm	$640,000	$4,444

Showing 7 of 7 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 550 Pasir Ris Street 51

Block 550 at Pasir Ris Street 51 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 69 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $640,000 to $768,000 based on 7 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $745,000 in 2022-04. The current median price per square metre is $4,931. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9092, with an annual lease decay rate of approximately 0.35%. 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 550 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 550 Pasir Ris Street 51 was $745,000 for a executive flat in 2022-04. The median price per square metre across all flat types is $4,931, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 550 Pasir Ris Street 51?

Block 550 Pasir Ris Street 51 was built in 1992 and has approximately 69 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 550 Pasir Ris Street 51?

Block 550 Pasir Ris Street 51 in Pasir Ris contains executive flats. Resale prices range from $640,000 to $768,000 based on historical transaction records from data.gov.sg.