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Block 24 Balam Road

3 Room · Built 1967 · 39 years remaining lease MOP Cleared
Latest Sale
$318,000
Mar 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$4,150
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +36.8%
Median price change
Median Price ?
Top 96%
#243 / 253 Top 96%
Latest Sale ?
Top 92%
#232 / 253 Top 92%
Value ($/sqm) ?
Top 98%
#248 / 253 Top 98%
5-Year Growth ?
Top 33%
#61 / 185 Top 33%
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
+6.5%/yr
vs
Lease Decay
−1.19%/yr
Growth assumption
Based on this block’s +36.8% 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 39 years remaining 99 years
39 years 10 months
Remaining lease
↓ 1.19%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 39 years remaining, decay is accelerating (~1.19%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 01 TO 03 3 ROOM 60 sqm $318,000 $5,300
Nov 2025 01 TO 03 3 ROOM 60 sqm $323,000 $5,383
Nov 2025 04 TO 06 3 ROOM 60 sqm $317,000 $5,283
May 2025 01 TO 03 3 ROOM 60 sqm $318,000 $5,300
Feb 2025 04 TO 06 3 ROOM 60 sqm $310,000 $5,167
Feb 2025 01 TO 03 3 ROOM 60 sqm $320,000 $5,333
Jan 2025 07 TO 09 3 ROOM 60 sqm $355,000 $5,917
May 2024 10 TO 12 3 ROOM 60 sqm $320,000 $5,333
Mar 2024 07 TO 09 3 ROOM 60 sqm $312,000 $5,200
Sep 2023 04 TO 06 3 ROOM 60 sqm $285,000 $4,750
Jun 2023 04 TO 06 3 ROOM 60 sqm $295,000 $4,917
Jun 2023 01 TO 03 3 ROOM 60 sqm $312,000 $5,200
Dec 2022 04 TO 06 3 ROOM 60 sqm $285,000 $4,750
Nov 2022 07 TO 09 3 ROOM 60 sqm $335,000 $5,583
Dec 2021 04 TO 06 3 ROOM 60 sqm $260,000 $4,333
Aug 2021 01 TO 03 3 ROOM 60 sqm $205,000 $3,417
Nov 2020 04 TO 06 3 ROOM 60 sqm $210,000 $3,500
Jul 2020 01 TO 03 3 ROOM 60 sqm $207,000 $3,450
Jul 2020 04 TO 06 3 ROOM 60 sqm $220,000 $3,667
Jul 2020 07 TO 09 3 ROOM 60 sqm $220,000 $3,667
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 24 Balam Road

Block 24 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 $200,000 to $355,000 based on 34 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $318,000 in 2026-03. The current median price per square metre is $4,150. Over the past five years, resale prices at this block have increased by approximately 36.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7460, 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 24 Balam Road worth?

The most recent resale transaction at Block 24 Balam Road was $318,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,150, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 24 Balam Road?

Block 24 Balam Road was built in 1967 and has approximately 39 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 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 24 Balam Road?

Block 24 Balam Road in Geylang contains 3 room flats. Resale prices range from $200,000 to $355,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 24 Balam Road gone up or down?

Resale prices at Block 24 Balam Road have increased by approximately 36.8% over the past five years. The current median price is $249,000, with the most recent sale at $318,000 in 2026-03.

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