Block 562 Pasir Ris Street 51

4 Room · 5 Room · Built 1993 · 68 years remaining lease MOP Cleared
Latest Sale
$700,000
Oct 2024 · 5 ROOM · #01-03
Median $/sqm
$4,279
Based on 15 transactions
Total Transactions
15
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 562
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 68 years remaining 99 years
68 years
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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
Oct 2024 01 TO 03 5 ROOM 123 sqm $700,000 $5,691
Jul 2024 04 TO 06 5 ROOM 123 sqm $728,000 $5,919
May 2024 07 TO 09 4 ROOM 104 sqm $598,000 $5,750
May 2024 01 TO 03 5 ROOM 123 sqm $690,000 $5,610
Dec 2023 07 TO 09 5 ROOM 125 sqm $733,000 $5,864
Sep 2022 07 TO 09 5 ROOM 125 sqm $630,000 $5,040
Apr 2022 01 TO 03 5 ROOM 125 sqm $585,000 $4,680
Nov 2020 10 TO 12 5 ROOM 123 sqm $490,000 $3,984
Jun 2020 07 TO 09 4 ROOM 104 sqm $428,000 $4,115
Sep 2019 07 TO 09 5 ROOM 125 sqm $490,000 $3,920
Jun 2019 04 TO 06 4 ROOM 104 sqm $395,000 $3,798
Feb 2019 04 TO 06 5 ROOM 123 sqm $500,000 $4,065
Oct 2018 01 TO 03 4 ROOM 104 sqm $400,000 $3,846
Sep 2017 07 TO 09 4 ROOM 104 sqm $445,000 $4,279
Mar 2017 04 TO 06 5 ROOM 123 sqm $500,000 $4,065
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 562 Pasir Ris Street 51

Block 562 at Pasir Ris Street 51 is a residential HDB block in Pasir Ris, Singapore, built in 1993 with approximately 68 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $395,000 to $733,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $700,000 in 2024-10. The current median price per square metre is $4,279. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9036, with an annual lease decay rate of approximately 0.37%. 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 562 Pasir Ris Street 51 worth?

The most recent resale transaction at Block 562 Pasir Ris Street 51 was $700,000 for a 5 room flat in 2024-10. The median price per square metre across all flat types is $4,279, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 562 Pasir Ris Street 51?

Block 562 Pasir Ris Street 51 was built in 1993 and has approximately 68 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 562 Pasir Ris Street 51?

Block 562 Pasir Ris Street 51 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $395,000 to $733,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard