Block 340 Ubi Avenue 1

5 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$701,500
Jul 2025 · 5 ROOM · #04-06
Median $/sqm
$4,890
Based on 2 transactions
Total Transactions
2
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 59 years remaining 99 years
59 years 7 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
Jul 2025 04 TO 06 5 ROOM 121 sqm $701,500 $5,798
Oct 2020 01 TO 03 5 ROOM 121 sqm $482,000 $3,983
Showing 2 of 2 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 340 Ubi Avenue 1

Block 340 at Ubi Avenue 1 is a residential HDB block in Geylang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $482,000 to $701,500 based on 2 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $701,500 in 2025-07. The current median price per square metre is $4,890. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8712, with an annual lease decay rate of approximately 0.52%. 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 340 Ubi Avenue 1 worth?

The most recent resale transaction at Block 340 Ubi Avenue 1 was $701,500 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $4,890, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 340 Ubi Avenue 1?

Block 340 Ubi Avenue 1 was built in 1986 and has approximately 59 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 340 Ubi Avenue 1?

Block 340 Ubi Avenue 1 in Geylang contains 5 room flats. Resale prices range from $482,000 to $701,500 based on historical transaction records from data.gov.sg.

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