Block 556 Pasir Ris Street 51
Block 556 Pasir Ris Street 51 has 10 recorded HDB resale transactions since 2017. Latest sale: $705,000 (May 2024, 5 room, floors 07–09). Median $4,289/sqm. Built 1992, 67 years lease remaining.
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 |
|---|---|---|---|
| 5-Room | $3,550 typically $3,350–$3,800 | 5.8% | Pasir Ris avg · block too thin |
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.
- 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.
Other HDB blocks closest to Block 556 Pasir Ris Street 51 in Pasir Ris, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2024 | 07 TO 09 | 5 ROOM | 121 sqm | $705,000 | $5,826 |
| May 2023 | 01 TO 03 | 5 ROOM | 123 sqm | $625,000 | $5,081 |
| Sep 2022 | 07 TO 09 | 5 ROOM | 121 sqm | $645,000 | $5,331 |
| Oct 2021 | 01 TO 03 | 5 ROOM | 121 sqm | $555,000 | $4,587 |
| Aug 2021 | 04 TO 06 | 5 ROOM | 123 sqm | $515,000 | $4,187 |
| Mar 2021 | 01 TO 03 | 5 ROOM | 124 sqm | $500,000 | $4,032 |
| Dec 2020 | 07 TO 09 | 5 ROOM | 123 sqm | $540,000 | $4,390 |
| Nov 2019 | 10 TO 12 | 5 ROOM | 123 sqm | $435,000 | $3,537 |
| Nov 2017 | 07 TO 09 | 5 ROOM | 121 sqm | $475,000 | $3,926 |
| Jul 2017 | 07 TO 09 | 5 ROOM | 123 sqm | $505,000 | $4,106 |
About Block 556 Pasir Ris Street 51
Block 556 Pasir Ris Street 51 is an established HDB block in Pasir Ris, built in 1992 with about 67 years remaining on its 99-year lease. Its median sits about 7% below the Pasir Ris median, cheaper than about 65% of the town's blocks. It has a relatively light resale record, with 10 transactions since 2017 across 5 room flats priced from $435,000 to $705,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $705,000 in May 2024, and the median works out to $4,289/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9022, an annual lease decay of about 0.38%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 556 Pasir Ris Street 51 worth?
The most recent resale transaction at Block 556 Pasir Ris Street 51 was $705,000 for a 5 room flat in 2024-05. The median price per square metre across all flat types is $4,289, based on 10 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 556 Pasir Ris Street 51?
Block 556 Pasir Ris Street 51 was built in 1992 and has approximately 67 years and 7 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 556 Pasir Ris Street 51?
Block 556 Pasir Ris Street 51 in Pasir Ris contains 5 room flats. Resale prices range from $435,000 to $705,000 based on historical transaction records from data.gov.sg.