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Block 131 Geylang East Avenue 1

Executive · Built 1987 · 62 years remaining lease MOP Cleared
Latest Sale
$875,000
Sep 2023 · EXECUTIVE · Floor 01-03
Median $/sqm
$5,456
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 8%
#21 / 253 Top 8%
Latest Sale ?
Top 17%
#42 / 253 Top 17%
Value ($/sqm) ?
Top 42%
#106 / 253 Top 42%
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
+3%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 62 years remaining 99 years
62 years 8 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2023 01 TO 03 EXECUTIVE 146 sqm $875,000 $5,993
Sep 2022 01 TO 03 EXECUTIVE 149 sqm $853,000 $5,725
Sep 2022 01 TO 03 EXECUTIVE 146 sqm $860,000 $5,890
Mar 2021 01 TO 03 EXECUTIVE 150 sqm $778,000 $5,187
Oct 2020 01 TO 03 EXECUTIVE 146 sqm $736,888 $5,047
Apr 2020 01 TO 03 EXECUTIVE 146 sqm $733,000 $5,021
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 131 Geylang East Avenue 1

Block 131 at Geylang East Avenue 1 is a residential HDB block in Geylang, Singapore, built in 1987 with approximately 62 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $733,000 to $875,000 based on 6 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $875,000 in 2023-09. The current median price per square metre is $5,456. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8842, with an annual lease decay rate of approximately 0.46%. 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 131 Geylang East Avenue 1 worth?

The most recent resale transaction at Block 131 Geylang East Avenue 1 was $875,000 for a executive flat in 2023-09. The median price per square metre across all flat types is $5,456, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 131 Geylang East Avenue 1?

Block 131 Geylang East Avenue 1 was built in 1987 and has approximately 62 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 131 Geylang East Avenue 1?

Block 131 Geylang East Avenue 1 in Geylang contains executive flats. Resale prices range from $733,000 to $875,000 based on historical transaction records from data.gov.sg.

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