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Block 534 Pasir Ris Drive 1

Executive · Built 1992 · 67 years remaining lease MOP Cleared
Latest Sale
$928,000
Oct 2024 · EXECUTIVE · Floor 04-06
Median $/sqm
$5,184
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 9%
#40 / 428 Top 9%
Latest Sale ?
Top 12%
#53 / 428 Top 12%
Value ($/sqm) ?
Top 18%
#76 / 428 Top 18%
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
−0.38%/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 67 years remaining 99 years
67 years 3 months
Remaining lease
↓ 0.38%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/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
Oct 2024 04 TO 06 EXECUTIVE 144 sqm $928,000 $6,444
Jul 2024 04 TO 06 EXECUTIVE 146 sqm $958,000 $6,562
Jun 2023 10 TO 12 EXECUTIVE 147 sqm $930,000 $6,327
Aug 2021 10 TO 12 EXECUTIVE 147 sqm $762,000 $5,184
Aug 2021 10 TO 12 EXECUTIVE 148 sqm $808,000 $5,459
Mar 2019 01 TO 03 EXECUTIVE 148 sqm $713,888 $4,824
May 2017 07 TO 09 EXECUTIVE 146 sqm $695,000 $4,760
May 2017 10 TO 12 EXECUTIVE 154 sqm $765,000 $4,968
Mar 2017 10 TO 12 EXECUTIVE 144 sqm $710,000 $4,931
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 534 Pasir Ris Drive 1

Block 534 at Pasir Ris Drive 1 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 67 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $695,000 to $958,000 based on 9 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $928,000 in 2024-10. The current median price per square metre is $5,184. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9011, with an annual lease decay rate of approximately 0.38%. 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 534 Pasir Ris Drive 1 worth?

The most recent resale transaction at Block 534 Pasir Ris Drive 1 was $928,000 for a executive flat in 2024-10. The median price per square metre across all flat types is $5,184, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 534 Pasir Ris Drive 1?

Block 534 Pasir Ris Drive 1 was built in 1992 and has approximately 67 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 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 534 Pasir Ris Drive 1?

Block 534 Pasir Ris Drive 1 in Pasir Ris contains executive flats. Resale prices range from $695,000 to $958,000 based on historical transaction records from data.gov.sg.

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