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Block 21 Balam Road

3 Room · Built 1967 · 40 years remaining lease · Updated Oct 2025 MOP Cleared

Block 21 Balam Road has 30 recorded HDB resale transactions since 2017. Latest sale: $324,000 (Oct 2025, 3 room, floors 07–09). Median $4,751/sqm. Prices up 34.7% over the past five years. Built 1967, 40 years lease remaining.

Latest Sale
$324,000
Oct 2025 · 3 ROOM · Floor 07-09
Median $/sqm
$4,751
Based on 30 transactions
Total Transactions
30
Since Jan 2017
5-Year Trend
▲ +34.7%
Median price change
Median Price ?
Top 84%
#213 / 253 Top 84%
Latest Sale ?
Top 89%
#226 / 253 Top 89%
Value ($/sqm) ?
Top 81%
#206 / 253 Top 81%
5-Year Growth ?
Top 40%
#75 / 187 Top 40%
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
+6.1%/yr
vs
Lease Decay
−1.16%/yr
Growth assumption
Based on this block’s +34.7% 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 40 years remaining 99 years
40 years 4 months
Remaining lease
↓ 1.16%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 40 years remaining, decay is accelerating (~1.16%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
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 $2,700 typically $2,500–$2,850 9.8% 7 rentals here
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

No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.

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.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2025 07 TO 09 3 ROOM 60.3 sqm $324,000 $5,373
Aug 2025 04 TO 06 3 ROOM 60.3 sqm $340,000 $5,638
Aug 2025 04 TO 06 3 ROOM 60.3 sqm $315,000 $5,224
Aug 2025 07 TO 09 3 ROOM 60.3 sqm $360,000 $5,970
May 2025 01 TO 03 3 ROOM 60.3 sqm $285,000 $4,726
Apr 2025 07 TO 09 3 ROOM 60.3 sqm $320,000 $5,307
Jan 2025 01 TO 03 3 ROOM 60.3 sqm $290,000 $4,809
Nov 2024 04 TO 06 3 ROOM 60.3 sqm $350,000 $5,804
Sep 2024 04 TO 06 3 ROOM 60.3 sqm $318,000 $5,274
Jul 2024 01 TO 03 3 ROOM 60.3 sqm $290,000 $4,809
Mar 2024 07 TO 09 3 ROOM 60.3 sqm $270,000 $4,478
Dec 2023 07 TO 09 3 ROOM 60.3 sqm $290,000 $4,809
Nov 2023 07 TO 09 3 ROOM 60.3 sqm $305,000 $5,058
Sep 2023 07 TO 09 3 ROOM 60.3 sqm $288,000 $4,776
Aug 2023 04 TO 06 3 ROOM 60.3 sqm $310,000 $5,141
Dec 2022 10 TO 12 3 ROOM 60.3 sqm $295,000 $4,892
Nov 2022 04 TO 06 3 ROOM 60.3 sqm $290,000 $4,809
Jul 2022 01 TO 03 3 ROOM 60 sqm $258,000 $4,300
Jul 2021 01 TO 03 3 ROOM 60.3 sqm $230,000 $3,814
Jun 2021 01 TO 03 3 ROOM 60 sqm $245,000 $4,083
Showing 20 of 30 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 21 Balam Road

Block 21 at Balam Road is a residential HDB block in Geylang, Singapore, built in 1967 with approximately 40 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $200,000 to $360,000 based on 30 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $324,000 in 2025-10. The current median price per square metre is $4,751. Over the past five years, resale prices at this block have increased by approximately 34.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7503, with an annual lease decay rate of approximately 1.16%. 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 21 Balam Road worth?

The most recent resale transaction at Block 21 Balam Road was $324,000 for a 3 room flat in 2025-10. The median price per square metre across all flat types is $4,751, based on 30 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 21 Balam Road?

Block 21 Balam Road was built in 1967 and has approximately 40 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.16%, meaning the leasehold value decreases by approximately 1.16% per year at the current remaining lease.

What flat types are available at Block 21 Balam Road?

Block 21 Balam Road in Geylang contains 3 room flats. Resale prices range from $200,000 to $360,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 21 Balam Road gone up or down?

Resale prices at Block 21 Balam Road have increased by approximately 34.7% over the past five years. The current median price is $286,500, with the most recent sale at $324,000 in 2025-10.

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