Block 531 Pasir Ris Drive 1
Block 531 Pasir Ris Drive 1 has 17 recorded HDB resale transactions since 2017. Latest sale: $1,008,000 (May 2026, executive, floors 01–03). Median $5,203/sqm. Prices up 29.6% over the past five years. Built 1992, 65 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 Pasir Ris average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| Executive | $3,800 typically $3,500–$4,000 | 4.9% | Pasir Ris 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 |
|---|---|---|---|---|---|
| May 2026 | 01 TO 03 | EXECUTIVE | 147 sqm | $1,008,000 | $6,857 |
| Mar 2026 | 07 TO 09 | EXECUTIVE | 149 sqm | $1,260,000 | $8,456 |
| Aug 2025 | 01 TO 03 | EXECUTIVE | 148 sqm | $980,000 | $6,622 |
| Mar 2024 | 01 TO 03 | EXECUTIVE | 147 sqm | $938,000 | $6,381 |
| Jul 2022 | 01 TO 03 | EXECUTIVE | 147 sqm | $888,000 | $6,041 |
| Jul 2022 | 07 TO 09 | EXECUTIVE | 149 sqm | $900,000 | $6,040 |
| Mar 2022 | 04 TO 06 | EXECUTIVE | 148 sqm | $888,000 | $6,000 |
| Oct 2021 | 04 TO 06 | EXECUTIVE | 148 sqm | $785,000 | $5,304 |
| Jul 2021 | 04 TO 06 | EXECUTIVE | 148 sqm | $770,000 | $5,203 |
| Dec 2020 | 01 TO 03 | EXECUTIVE | 148 sqm | $730,000 | $4,932 |
| Oct 2020 | 07 TO 09 | EXECUTIVE | 148 sqm | $765,000 | $5,169 |
| Nov 2019 | 07 TO 09 | EXECUTIVE | 149 sqm | $710,000 | $4,765 |
| Nov 2018 | 07 TO 09 | EXECUTIVE | 149 sqm | $758,000 | $5,087 |
| Oct 2018 | 04 TO 06 | EXECUTIVE | 148 sqm | $750,000 | $5,068 |
| Sep 2018 | 01 TO 03 | EXECUTIVE | 148 sqm | $735,000 | $4,966 |
| Dec 2017 | 01 TO 03 | EXECUTIVE | 148 sqm | $690,000 | $4,662 |
| Jan 2017 | 04 TO 06 | EXECUTIVE | 165 sqm | $728,000 | $4,412 |
About Block 531 Pasir Ris Drive 1
Block 531 at Pasir Ris Drive 1 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $690,000 to $1,260,000 based on 17 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $1,008,000 in 2026-05. The current median price per square metre is $5,203. Over the past five years, resale prices at this block have increased by approximately 29.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8952, with an annual lease decay rate of approximately 0.41%. 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 531 Pasir Ris Drive 1 worth?
The most recent resale transaction at Block 531 Pasir Ris Drive 1 was $1,008,000 for a executive flat in 2026-05. The median price per square metre across all flat types is $5,203, based on 17 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 531 Pasir Ris Drive 1?
Block 531 Pasir Ris Drive 1 was built in 1992 and has approximately 65 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.
What flat types are available at Block 531 Pasir Ris Drive 1?
Block 531 Pasir Ris Drive 1 in Pasir Ris contains executive flats. Resale prices range from $690,000 to $1,260,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 531 Pasir Ris Drive 1 gone up or down?
Resale prices at Block 531 Pasir Ris Drive 1 have increased by approximately 29.6% over the past five years. The current median price is $770,000, with the most recent sale at $1,008,000 in 2026-05.