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Block 538 Ang Mo Kio Avenue 5

3 Room · 4 Room · Built 1980 · 52 years remaining lease · Updated May 2026 MOP Cleared

Block 538 Ang Mo Kio Avenue 5 has 49 recorded HDB resale transactions since 2017. Latest sale: $390,000 (May 2026, 3 room, floors 01–03). Median $4,956/sqm. Prices up 37.6% over the past five years. Built 1980, 52 years lease remaining.

Latest Sale
$390,000
May 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$4,956
Based on 49 transactions
Total Transactions
49
Since Jan 2017
5-Year Trend
▲ +37.6%
Median price change
Median Price ?
Top 83%
#302 / 363 Top 83%
Latest Sale ?
Top 89%
#322 / 363 Top 89%
Value ($/sqm) ?
Top 51%
#184 / 363 Top 51%
5-Year Growth ?
Top 31%
#84 / 275 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
--
Future Value Projection
Market Appreciation
+6.6%/yr
vs
Lease Decay
−0.68%/yr
Growth assumption
Based on this block’s +37.6% growth over 5 years
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 52 years remaining 99 years
52 years 10 months
Remaining lease
↓ 0.68%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 52 years remaining, decay is gradual (~0.68%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,600 typically $2,500–$2,800 6.9% 13 rentals here
4-Room $3,400 typically $3,200–$3,600 6.7% Ang Mo Kio 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).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 01 TO 03 3 ROOM 68 sqm $390,000 $5,735
May 2026 04 TO 06 4 ROOM 93 sqm $540,000 $5,806
Dec 2025 04 TO 06 3 ROOM 68 sqm $400,000 $5,882
Nov 2025 04 TO 06 3 ROOM 82 sqm $450,000 $5,488
Oct 2025 07 TO 09 3 ROOM 68 sqm $458,000 $6,735
Oct 2025 10 TO 12 3 ROOM 82 sqm $453,000 $5,524
Jul 2025 04 TO 06 3 ROOM 68 sqm $410,000 $6,029
Jun 2025 04 TO 06 3 ROOM 82 sqm $492,000 $6,000
May 2025 07 TO 09 3 ROOM 68 sqm $442,888 $6,513
May 2025 10 TO 12 3 ROOM 68 sqm $465,000 $6,838
Apr 2025 04 TO 06 3 ROOM 68 sqm $423,000 $6,221
Feb 2025 07 TO 09 3 ROOM 82 sqm $520,000 $6,341
Jul 2024 04 TO 06 3 ROOM 68 sqm $370,000 $5,441
Jul 2024 01 TO 03 3 ROOM 68 sqm $388,000 $5,706
Jul 2024 04 TO 06 3 ROOM 68 sqm $405,000 $5,956
Jul 2024 01 TO 03 4 ROOM 93 sqm $528,000 $5,677
Dec 2023 10 TO 12 3 ROOM 68 sqm $398,000 $5,853
May 2023 07 TO 09 3 ROOM 68 sqm $400,000 $5,882
Mar 2023 07 TO 09 3 ROOM 68 sqm $340,000 $5,000
Feb 2023 01 TO 03 3 ROOM 68 sqm $358,000 $5,265
Showing 20 of 49 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Ang Mo Kio Avenue 5

Block 538 at Ang Mo Kio Avenue 5 is a residential HDB block in Ang Mo Kio, Singapore, built in 1980 with approximately 52 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $240,000 to $540,000 based on 49 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $390,000 in 2026-05. The current median price per square metre is $4,956. Over the past five years, resale prices at this block have increased by approximately 37.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8376, with an annual lease decay rate of approximately 0.68%. 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 538 Ang Mo Kio Avenue 5 worth?

The most recent resale transaction at Block 538 Ang Mo Kio Avenue 5 was $390,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $4,956, based on 49 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Ang Mo Kio Avenue 5?

Block 538 Ang Mo Kio Avenue 5 was built in 1980 and has approximately 52 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 0.68%, meaning the leasehold value decreases by approximately 0.68% per year at the current remaining lease.

What flat types are available at Block 538 Ang Mo Kio Avenue 5?

Block 538 Ang Mo Kio Avenue 5 in Ang Mo Kio contains 3 room, 4 room flats. Resale prices range from $240,000 to $540,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Ang Mo Kio Avenue 5 gone up or down?

Resale prices at Block 538 Ang Mo Kio Avenue 5 have increased by approximately 37.6% over the past five years. The current median price is $340,000, with the most recent sale at $390,000 in 2026-05.

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