Block 583 Pasir Ris Street 53
Block 583 Pasir Ris Street 53 has 12 recorded HDB resale transactions since 2017. Latest sale: $962,888 (May 2025, executive, floors 01–03). Median $5,441/sqm. Prices up 30.5% over the past five years. Built 1995, 69 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| Executive | $4,000 typically $3,500–$4,200 | 4.9% | 5 rentals here |
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 583 Pasir Ris Street 53 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 2025 | 01 TO 03 | EXECUTIVE | 148 sqm | $962,888 | $6,506 |
| Jan 2025 | 04 TO 06 | EXECUTIVE | 148 sqm | $995,000 | $6,723 |
| Jul 2023 | 01 TO 03 | EXECUTIVE | 147 sqm | $878,000 | $5,973 |
| Apr 2023 | 04 TO 06 | EXECUTIVE | 145 sqm | $870,000 | $6,000 |
| Apr 2023 | 07 TO 09 | EXECUTIVE | 148 sqm | $900,000 | $6,081 |
| Aug 2021 | 07 TO 09 | EXECUTIVE | 148 sqm | $800,000 | $5,405 |
| Apr 2021 | 01 TO 03 | EXECUTIVE | 148 sqm | $700,000 | $4,730 |
| Dec 2020 | 04 TO 06 | EXECUTIVE | 146 sqm | $705,000 | $4,829 |
| Aug 2019 | 07 TO 09 | EXECUTIVE | 147 sqm | $766,000 | $5,211 |
| Aug 2018 | 07 TO 09 | EXECUTIVE | 145 sqm | $765,000 | $5,276 |
| Feb 2018 | 10 TO 12 | EXECUTIVE | 147 sqm | $805,000 | $5,476 |
| Apr 2017 | 04 TO 06 | EXECUTIVE | 145 sqm | $668,000 | $4,607 |
About Block 583 Pasir Ris Street 53
Block 583 Pasir Ris Street 53 sits near the top of the Pasir Ris resale market, its $802,500 median dearer than roughly 95% of blocks in the town. It has a relatively light resale record, with 12 transactions since 2017 across executive flats priced from $668,000 to $995,000. The most recent transaction was an executive flat on storeys 01 TO 03 at $962,888 in May 2025, and the median works out to $5,441/sqm. Over five years, prices here are up about 30.5%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9082, an annual lease decay of about 0.35%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 583 Pasir Ris Street 53 worth?
The most recent resale transaction at Block 583 Pasir Ris Street 53 was $962,888 for a executive flat in 2025-05. The median price per square metre across all flat types is $5,441, based on 12 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 583 Pasir Ris Street 53?
Block 583 Pasir Ris Street 53 was built in 1995 and has approximately 69 years and 5 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 583 Pasir Ris Street 53?
Block 583 Pasir Ris Street 53 in Pasir Ris contains executive flats. Resale prices range from $668,000 to $995,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 583 Pasir Ris Street 53 gone up or down?
Resale prices at Block 583 Pasir Ris Street 53 have increased by approximately 30.5% over the past five years. The current median price is $802,500, with the most recent sale at $962,888 in 2025-05.