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Block 342 Ubi Avenue 1

3 Room · 4 Room · Built 1985 · 58 years remaining lease · Updated Mar 2026 MOP Cleared

Block 342 Ubi Avenue 1 has 6 recorded HDB resale transactions since 2017. Latest sale: $550,000 (Mar 2026, 4 room, floors 04–06). Median $5,802/sqm. Built 1985, 58 years lease remaining.

Latest Sale
$550,000
Mar 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$5,802
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 63%
#160 / 253 Top 63%
Latest Sale ?
Top 57%
#144 / 253 Top 57%
Value ($/sqm) ?
Top 31%
#78 / 253 Top 31%
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
−0.54%/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 58 years remaining 99 years
58 years 8 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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 Geylang average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,500–$3,000 9% Geylang avg · block too thin
4-Room $3,550 typically $3,200–$3,900 6.1% Geylang 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 1 popular school. 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
1 school 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 342 Ubi Avenue 1 in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Geylang
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
Mar 2026 04 TO 06 4 ROOM 87 sqm $550,000 $6,322
Mar 2025 04 TO 06 3 ROOM 64 sqm $451,000 $7,047
Oct 2024 01 TO 03 3 ROOM 64 sqm $440,000 $6,875
Aug 2022 01 TO 03 3 ROOM 64 sqm $338,000 $5,281
Nov 2020 01 TO 03 3 ROOM 64 sqm $273,000 $4,266
Jun 2017 01 TO 03 3 ROOM 64 sqm $295,000 $4,609
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 342 Ubi Avenue 1

Block 342 Ubi Avenue 1 is an ageing-lease HDB block in Geylang, built in 1985 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 18% below the Geylang median, cheaper than about 63% of the town's blocks. It has a relatively light resale record, with 6 transactions since 2017 across 3 room, 4 room flats priced from $273,000 to $550,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $550,000 in Mar 2026, and the median works out to $5,802/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 342 Ubi Avenue 1 worth?

The most recent resale transaction at Block 342 Ubi Avenue 1 was $550,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $5,802, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 342 Ubi Avenue 1?

Block 342 Ubi Avenue 1 was built in 1985 and has approximately 58 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 342 Ubi Avenue 1?

Block 342 Ubi Avenue 1 in Geylang contains 3 room, 4 room flats. Resale prices range from $273,000 to $550,000 based on historical transaction records from data.gov.sg.

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