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Block 128 Geylang East Avenue 1

3 Room · 4 Room · 5 Room · Built 1983 · 56 years remaining lease · Updated Jun 2026 MOP Cleared

Block 128 Geylang East Avenue 1 has 29 recorded HDB resale transactions since 2017. Latest sale: $550,000 (Jun 2026, 3 room, floors 10–12). Median $5,856/sqm. Prices up 44.7% over the past five years. Built 1983, 56 years lease remaining.

Latest Sale
$550,000
Jun 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$5,856
Based on 29 transactions
Total Transactions
29
Since Jan 2017
5-Year Trend
▲ +44.7%
Median price change
Median Price ?
Top 28%
#70 / 253 Top 28%
Latest Sale ?
Top 57%
#143 / 253 Top 57%
Value ($/sqm) ?
Top 29%
#74 / 253 Top 29%
5-Year Growth ?
Top 15%
#28 / 187 Top 15%
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
+7.7%/yr
vs
Lease Decay
−0.59%/yr
Growth assumption
Based on this block’s +44.7% 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 56 years remaining 99 years
56 years 3 months
Remaining lease
↓ 0.59%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.59%/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 $3,500 typically $3,200–$3,900 6% Geylang avg · block too thin
5-Room $4,000 typically $3,750–$4,300 5.3% 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.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 10 TO 12 3 ROOM 77 sqm $550,000 $7,143
Jan 2026 07 TO 09 5 ROOM 132 sqm $910,000 $6,894
Dec 2025 13 TO 15 5 ROOM 132 sqm $970,000 $7,348
Dec 2025 04 TO 06 5 ROOM 132 sqm $915,000 $6,932
Jan 2024 07 TO 09 3 ROOM 74 sqm $435,000 $5,878
Nov 2023 07 TO 09 4 ROOM 104 sqm $758,000 $7,288
Nov 2023 13 TO 15 5 ROOM 132 sqm $852,000 $6,455
Jul 2023 01 TO 03 5 ROOM 137 sqm $830,000 $6,058
Jul 2023 10 TO 12 5 ROOM 132 sqm $860,000 $6,515
May 2023 04 TO 06 5 ROOM 132 sqm $835,000 $6,326
Jan 2023 01 TO 03 3 ROOM 75 sqm $425,000 $5,667
Oct 2022 19 TO 21 5 ROOM 132 sqm $850,000 $6,439
Sep 2022 16 TO 18 5 ROOM 132 sqm $830,000 $6,288
Apr 2022 01 TO 03 3 ROOM 77 sqm $340,000 $4,416
Jul 2021 07 TO 09 3 ROOM 74 sqm $375,000 $5,068
Jul 2021 10 TO 12 4 ROOM 104 sqm $660,000 $6,346
Apr 2021 10 TO 12 3 ROOM 77 sqm $385,000 $5,000
Apr 2021 04 TO 06 4 ROOM 104 sqm $570,000 $5,481
Jan 2021 04 TO 06 4 ROOM 109 sqm $555,000 $5,092
Dec 2020 01 TO 03 4 ROOM 114 sqm $550,000 $4,825
Showing 20 of 29 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 128 Geylang East Avenue 1

Block 128 at Geylang East Avenue 1 is a residential HDB block in Geylang, Singapore, built in 1983 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $340,000 to $970,000 based on 29 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $550,000 in 2026-06. The current median price per square metre is $5,856. Over the past five years, resale prices at this block have increased by approximately 44.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8556, with an annual lease decay rate of approximately 0.59%. 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 128 Geylang East Avenue 1 worth?

The most recent resale transaction at Block 128 Geylang East Avenue 1 was $550,000 for a 3 room flat in 2026-06. The median price per square metre across all flat types is $5,856, based on 29 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 128 Geylang East Avenue 1?

Block 128 Geylang East Avenue 1 was built in 1983 and has approximately 56 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.

What flat types are available at Block 128 Geylang East Avenue 1?

Block 128 Geylang East Avenue 1 in Geylang contains 3 room, 4 room, 5 room flats. Resale prices range from $340,000 to $970,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 128 Geylang East Avenue 1 gone up or down?

Resale prices at Block 128 Geylang East Avenue 1 have increased by approximately 44.7% over the past five years. The current median price is $660,000, with the most recent sale at $550,000 in 2026-06.

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