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Block 638 Pasir Ris Drive 1

5 Room · Built 1995 · 68 years remaining lease MOP Cleared
Latest Sale
$745,000
Apr 2026 · 5 ROOM · Floor 10-12
Median $/sqm
$4,669
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
▲ +34.4%
Median price change
Median Price ?
Top 50%
#212 / 428 Top 50%
Latest Sale ?
Top 46%
#199 / 428 Top 46%
Value ($/sqm) ?
Top 44%
#189 / 428 Top 44%
5-Year Growth ?
Top 52%
#149 / 286 Top 52%
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
+6.1%/yr
vs
Lease Decay
−0.37%/yr
Growth assumption
Based on this block’s +34.4% 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 68 years remaining 99 years
68 years 1 months
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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
Apr 2026 10 TO 12 5 ROOM 121 sqm $745,000 $6,157
Jul 2023 07 TO 09 5 ROOM 123 sqm $650,000 $5,285
Apr 2023 10 TO 12 5 ROOM 122 sqm $690,000 $5,656
Jun 2022 07 TO 09 5 ROOM 120 sqm $618,000 $5,150
Jan 2022 13 TO 15 5 ROOM 121 sqm $565,000 $4,669
Dec 2021 07 TO 09 5 ROOM 123 sqm $575,000 $4,675
Feb 2021 10 TO 12 5 ROOM 121 sqm $533,880 $4,412
Dec 2019 01 TO 03 5 ROOM 120 sqm $475,000 $3,958
Aug 2018 01 TO 03 5 ROOM 122 sqm $440,000 $3,607
Apr 2017 07 TO 09 5 ROOM 123 sqm $468,000 $3,805
Apr 2017 07 TO 09 5 ROOM 123 sqm $468,000 $3,805
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 638 Pasir Ris Drive 1

Block 638 at Pasir Ris Drive 1 is a residential HDB block in Pasir Ris, Singapore, built in 1995 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $440,000 to $745,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $745,000 in 2026-04. The current median price per square metre is $4,669. Over the past five years, resale prices at this block have increased by approximately 34.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9039, with an annual lease decay rate of approximately 0.37%. 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 638 Pasir Ris Drive 1 worth?

The most recent resale transaction at Block 638 Pasir Ris Drive 1 was $745,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,669, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 638 Pasir Ris Drive 1?

Block 638 Pasir Ris Drive 1 was built in 1995 and has approximately 68 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 638 Pasir Ris Drive 1?

Block 638 Pasir Ris Drive 1 in Pasir Ris contains 5 room flats. Resale prices range from $440,000 to $745,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 638 Pasir Ris Drive 1 gone up or down?

Resale prices at Block 638 Pasir Ris Drive 1 have increased by approximately 34.4% over the past five years. The current median price is $565,000, with the most recent sale at $745,000 in 2026-04.

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