Block 23 Balam Road
Block 23 Balam Road has 33 recorded HDB resale transactions since 2017. Latest sale: $325,000 (Mar 2026, 3 room, floors 01–03). Median $4,643/sqm. Prices up 16.3% over the past five years. Built 1967, 39 years lease remaining.
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 |
No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Mar 2026 | 01 TO 03 | 3 ROOM | 60.3 sqm | $325,000 | $5,390 |
| Jan 2026 | 07 TO 09 | 3 ROOM | 60.3 sqm | $302,000 | $5,008 |
| Sep 2025 | 01 TO 03 | 3 ROOM | 60.3 sqm | $290,000 | $4,809 |
| Aug 2025 | 07 TO 09 | 3 ROOM | 60.3 sqm | $323,800 | $5,370 |
| Apr 2025 | 04 TO 06 | 3 ROOM | 60.3 sqm | $322,000 | $5,340 |
| Mar 2025 | 07 TO 09 | 3 ROOM | 60.3 sqm | $335,000 | $5,556 |
| Jan 2025 | 04 TO 06 | 3 ROOM | 60.3 sqm | $305,000 | $5,058 |
| Jan 2025 | 04 TO 06 | 3 ROOM | 60.3 sqm | $330,000 | $5,473 |
| Jan 2025 | 07 TO 09 | 3 ROOM | 60.3 sqm | $353,088 | $5,856 |
| Jan 2025 | 07 TO 09 | 3 ROOM | 60.3 sqm | $345,000 | $5,721 |
| Apr 2024 | 07 TO 09 | 3 ROOM | 60.3 sqm | $310,000 | $5,141 |
| Dec 2023 | 04 TO 06 | 3 ROOM | 60.3 sqm | $300,000 | $4,975 |
| Aug 2023 | 04 TO 06 | 3 ROOM | 60.3 sqm | $300,000 | $4,975 |
| Jul 2023 | 07 TO 09 | 3 ROOM | 60.3 sqm | $310,000 | $5,141 |
| Nov 2022 | 07 TO 09 | 3 ROOM | 60.3 sqm | $288,000 | $4,776 |
| Sep 2022 | 01 TO 03 | 3 ROOM | 60.3 sqm | $263,000 | $4,362 |
| Feb 2022 | 07 TO 09 | 3 ROOM | 60.3 sqm | $275,000 | $4,561 |
| Oct 2021 | 07 TO 09 | 3 ROOM | 60.3 sqm | $285,000 | $4,726 |
| Aug 2021 | 07 TO 09 | 3 ROOM | 60.3 sqm | $280,000 | $4,643 |
| Jul 2021 | 01 TO 03 | 3 ROOM | 60 sqm | $260,000 | $4,333 |
About Block 23 Balam Road
Block 23 at Balam Road is a residential HDB block in Geylang, Singapore, built in 1967 with approximately 39 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $188,000 to $353,088 based on 33 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $325,000 in 2026-03. The current median price per square metre is $4,643. Over the past five years, resale prices at this block have increased by approximately 16.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7467, with an annual lease decay rate of approximately 1.19%. 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 23 Balam Road worth?
The most recent resale transaction at Block 23 Balam Road was $325,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,643, based on 33 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 23 Balam Road?
Block 23 Balam Road was built in 1967 and has approximately 39 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 1.19%, meaning the leasehold value decreases by approximately 1.19% per year at the current remaining lease.
What flat types are available at Block 23 Balam Road?
Block 23 Balam Road in Geylang contains 3 room flats. Resale prices range from $188,000 to $353,088 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 23 Balam Road gone up or down?
Resale prices at Block 23 Balam Road have increased by approximately 16.3% over the past five years. The current median price is $280,000, with the most recent sale at $325,000 in 2026-03.