Block 720 Pasir Ris Street 72

4 Room · 5 Room · Built 1996 · 70 years remaining lease MOP Cleared
Latest Sale
$708,888
Sep 2024 · 5 ROOM · #07-09
Median $/sqm
$5,171
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
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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
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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 70 years remaining 99 years
70 years 11 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 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.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2024 07 TO 09 5 ROOM 127 sqm $708,888 $5,582
Jun 2024 01 TO 03 5 ROOM 127 sqm $660,000 $5,197
Jan 2023 04 TO 06 5 ROOM 124 sqm $665,000 $5,363
Dec 2022 01 TO 03 5 ROOM 124 sqm $638,000 $5,145
Jun 2022 04 TO 06 5 ROOM 126 sqm $688,000 $5,460
May 2020 10 TO 12 5 ROOM 127 sqm $500,000 $3,937
Dec 2018 01 TO 03 4 ROOM 104 sqm $385,000 $3,702
Jan 2017 04 TO 06 5 ROOM 126 sqm $465,000 $3,690
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 720 Pasir Ris Street 72

Block 720 at Pasir Ris Street 72 is a residential HDB block in Pasir Ris, Singapore, built in 1996 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $385,000 to $708,888 based on 8 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $708,888 in 2024-09. The current median price per square metre is $5,171. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9128, with an annual lease decay rate of approximately 0.33%. 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 720 Pasir Ris Street 72 worth?

The most recent resale transaction at Block 720 Pasir Ris Street 72 was $708,888 for a 5 room flat in 2024-09. The median price per square metre across all flat types is $5,171, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 720 Pasir Ris Street 72?

Block 720 Pasir Ris Street 72 was built in 1996 and has approximately 70 years and 11 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 720 Pasir Ris Street 72?

Block 720 Pasir Ris Street 72 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $385,000 to $708,888 based on historical transaction records from data.gov.sg.

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