Block 585 Pasir Ris Street 53

Executive · Built 1995 · 68 years remaining lease MOP Cleared
Latest Sale
$1,090,000
Dec 2025 · EXECUTIVE · #07-09
Median $/sqm
$6,184
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +28%
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 68 years remaining 99 years
68 years 10 months
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.36%/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
Dec 2025 07 TO 09 EXECUTIVE 145 sqm $1,090,000 $7,517
May 2025 04 TO 06 EXECUTIVE 149 sqm $1,050,000 $7,047
Feb 2025 10 TO 12 EXECUTIVE 151 sqm $1,018,888 $6,748
Nov 2024 01 TO 03 EXECUTIVE 146 sqm $955,000 $6,541
Jul 2024 01 TO 03 EXECUTIVE 146 sqm $950,000 $6,507
Aug 2023 07 TO 09 EXECUTIVE 151 sqm $970,000 $6,424
May 2023 01 TO 03 EXECUTIVE 152 sqm $958,000 $6,303
Jan 2023 01 TO 03 EXECUTIVE 152 sqm $950,000 $6,250
Sep 2022 07 TO 09 EXECUTIVE 151 sqm $930,000 $6,159
Jun 2022 10 TO 12 EXECUTIVE 145 sqm $872,777 $6,019
Feb 2022 01 TO 03 EXECUTIVE 152 sqm $940,000 $6,184
Nov 2021 04 TO 06 EXECUTIVE 151 sqm $868,000 $5,748
Jul 2021 07 TO 09 EXECUTIVE 152 sqm $820,000 $5,395
Feb 2021 07 TO 09 EXECUTIVE 146 sqm $750,888 $5,143
Dec 2020 04 TO 06 EXECUTIVE 151 sqm $775,000 $5,132
Aug 2020 10 TO 12 EXECUTIVE 152 sqm $730,000 $4,803
Jul 2017 04 TO 06 EXECUTIVE 146 sqm $668,888 $4,581
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 585 Pasir Ris Street 53

Block 585 at Pasir Ris Street 53 is a residential HDB block in Pasir Ris, Singapore, built in 1995 with approximately 68 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $668,888 to $1,090,000 based on 17 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $1,090,000 in 2025-12. The current median price per square metre is $6,184. Over the past five years, resale prices at this block have increased by approximately 28%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9063, with an annual lease decay rate of approximately 0.36%. 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 585 Pasir Ris Street 53 worth?

The most recent resale transaction at Block 585 Pasir Ris Street 53 was $1,090,000 for a executive flat in 2025-12. The median price per square metre across all flat types is $6,184, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 585 Pasir Ris Street 53?

Block 585 Pasir Ris Street 53 was built in 1995 and has approximately 68 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 0.36%, meaning the leasehold value decreases by approximately 0.36% per year at the current remaining lease.

What flat types are available at Block 585 Pasir Ris Street 53?

Block 585 Pasir Ris Street 53 in Pasir Ris contains executive flats. Resale prices range from $668,888 to $1,090,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 585 Pasir Ris Street 53 gone up or down?

Resale prices at Block 585 Pasir Ris Street 53 have increased by approximately 28% over the past five years. The current median price is $940,000, with the most recent sale at $1,090,000 in 2025-12.

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