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Block 740 Pasir Ris Street 71

4 Room · 5 Room · Built 1996 · 71 years remaining lease · Updated Jul 2024 MOP Cleared

Block 740 Pasir Ris Street 71 has 18 recorded HDB resale transactions since 2017. Latest sale: $585,000 (Jul 2024, 4 room, floors 04–06). Median $4,165/sqm. Built 1996, 71 years lease remaining.

Latest Sale
$585,000
Jul 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$4,165
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 69%
#294 / 428 Top 69%
Latest Sale ?
Top 96%
#409 / 428 Top 96%
Value ($/sqm) ?
Top 81%
#345 / 428 Top 81%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 71 years remaining 99 years
71 years 3 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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
4-Room $3,300 typically $3,000–$3,500 6.2% Pasir Ris avg · block too thin
5-Room $3,550 typically $3,350–$3,800 5.8% Pasir Ris avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 740 Pasir Ris Street 71 in Pasir Ris, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Pasir Ris
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2024 04 TO 06 4 ROOM 104 sqm $585,000 $5,625
Jan 2024 01 TO 03 5 ROOM 127 sqm $670,000 $5,276
Dec 2023 07 TO 09 4 ROOM 104 sqm $570,000 $5,481
Sep 2023 01 TO 03 4 ROOM 104 sqm $513,000 $4,933
Nov 2022 07 TO 09 5 ROOM 125 sqm $693,000 $5,544
Oct 2022 10 TO 12 4 ROOM 103 sqm $528,888 $5,135
Mar 2022 10 TO 12 5 ROOM 128 sqm $625,000 $4,883
Nov 2021 01 TO 03 5 ROOM 127 sqm $540,000 $4,252
Jun 2021 01 TO 03 5 ROOM 125 sqm $550,000 $4,400
Sep 2020 04 TO 06 5 ROOM 127 sqm $518,000 $4,079
Jul 2020 10 TO 12 5 ROOM 127 sqm $500,000 $3,937
Jun 2020 04 TO 06 4 ROOM 104 sqm $395,000 $3,798
Apr 2019 13 TO 15 5 ROOM 128 sqm $500,000 $3,906
Aug 2018 01 TO 03 5 ROOM 127 sqm $442,500 $3,484
Oct 2017 07 TO 09 5 ROOM 128 sqm $473,000 $3,695
Oct 2017 10 TO 12 5 ROOM 127 sqm $488,000 $3,843
Sep 2017 10 TO 12 4 ROOM 104 sqm $395,000 $3,798
Aug 2017 13 TO 15 5 ROOM 124 sqm $500,000 $4,032
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 740 Pasir Ris Street 71

Block 740 Pasir Ris Street 71 is a mature HDB block in Pasir Ris, built in 1996 with about 71 years remaining on its 99-year lease. Its median sits about 9% below the Pasir Ris median, cheaper than about 68% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 4 room, 5 room flats priced from $395,000 to $693,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $585,000 in Jul 2024, and the median works out to $4,165/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9138, equivalent to roughly 0.33% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 740 Pasir Ris Street 71 worth?

The most recent resale transaction at Block 740 Pasir Ris Street 71 was $585,000 for a 4 room flat in 2024-07. The median price per square metre across all flat types is $4,165, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 740 Pasir Ris Street 71?

Block 740 Pasir Ris Street 71 was built in 1996 and has approximately 71 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 740 Pasir Ris Street 71?

Block 740 Pasir Ris Street 71 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $395,000 to $693,000 based on historical transaction records from data.gov.sg.

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