Block 553 Pasir Ris Street 51

5 Room · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$670,000
Feb 2026 · 5 ROOM · #01-03
Median $/sqm
$4,479
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +30.2%
Median price change
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 65 years remaining 99 years
65 years 10 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.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 01 TO 03 5 ROOM 123 sqm $670,000 $5,447
May 2025 07 TO 09 5 ROOM 123 sqm $740,000 $6,016
Mar 2025 13 TO 15 5 ROOM 123 sqm $720,000 $5,854
Aug 2023 07 TO 09 5 ROOM 123 sqm $640,000 $5,203
May 2023 07 TO 09 5 ROOM 122 sqm $638,888 $5,237
Feb 2023 01 TO 03 5 ROOM 122 sqm $628,000 $5,148
Sep 2022 01 TO 03 5 ROOM 123 sqm $614,000 $4,992
Sep 2022 10 TO 12 5 ROOM 122 sqm $630,000 $5,164
Jul 2022 10 TO 12 5 ROOM 123 sqm $615,000 $5,000
Dec 2021 01 TO 03 5 ROOM 121 sqm $530,000 $4,380
Aug 2021 04 TO 06 5 ROOM 123 sqm $550,888 $4,479
May 2021 07 TO 09 5 ROOM 123 sqm $580,000 $4,715
Apr 2021 13 TO 15 5 ROOM 122 sqm $555,000 $4,549
Dec 2019 01 TO 03 5 ROOM 123 sqm $490,000 $3,984
Oct 2019 04 TO 06 5 ROOM 122 sqm $504,999 $4,139
Sep 2019 10 TO 12 5 ROOM 123 sqm $500,000 $4,065
Nov 2018 10 TO 12 5 ROOM 122 sqm $500,000 $4,098
Oct 2018 10 TO 12 5 ROOM 122 sqm $482,000 $3,951
May 2018 07 TO 09 5 ROOM 121 sqm $494,500 $4,087
Mar 2017 10 TO 12 5 ROOM 121 sqm $470,000 $3,884
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 553 Pasir Ris Street 51

Block 553 at Pasir Ris Street 51 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $445,000 to $740,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $670,000 in 2026-02. The current median price per square metre is $4,479. Over the past five years, resale prices at this block have increased by approximately 30.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8961, with an annual lease decay rate of approximately 0.41%. 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 553 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 553 Pasir Ris Street 51 was $670,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $4,479, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 553 Pasir Ris Street 51?

Block 553 Pasir Ris Street 51 was built in 1992 and has approximately 65 years and 10 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 553 Pasir Ris Street 51?

Block 553 Pasir Ris Street 51 in Pasir Ris contains 5 room flats. Resale prices range from $445,000 to $740,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 553 Pasir Ris Street 51 gone up or down?

Resale prices at Block 553 Pasir Ris Street 51 have increased by approximately 30.2% over the past five years. The current median price is $550,888, with the most recent sale at $670,000 in 2026-02.

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