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Block 631 Pasir Ris Drive 3

4 Room · 5 Room · Built 1995 · 68 years remaining lease · Updated May 2026 MOP Cleared

Block 631 Pasir Ris Drive 3 has 21 recorded HDB resale transactions since 2017. Latest sale: $625,000 (May 2026, 4 room, floors 04–06). Median $5,000/sqm. Prices up 34.6% over the past five years. Built 1995, 68 years lease remaining.

Latest Sale
$625,000
May 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$5,000
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +34.6%
Median price change
Median Price ?
Top 54%
#233 / 428 Top 54%
Latest Sale ?
Top 84%
#360 / 428 Top 84%
Value ($/sqm) ?
Top 27%
#116 / 428 Top 27%
5-Year Growth ?
Top 50%
#148 / 294 Top 50%
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 +34.6% 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 3 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.
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 Pasir Ris average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,300 typically $3,000–$3,500 6.2% Pasir Ris avg · block too thin
5-Room $3,500 typically $3,300–$3,800 5.7% Pasir Ris 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).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 04 TO 06 4 ROOM 104 sqm $625,000 $6,010
Feb 2026 13 TO 15 4 ROOM 104 sqm $635,888 $6,114
Feb 2026 13 TO 15 4 ROOM 104 sqm $640,000 $6,154
Jan 2026 10 TO 12 4 ROOM 104 sqm $615,000 $5,913
Mar 2025 10 TO 12 4 ROOM 104 sqm $638,000 $6,135
Jul 2024 04 TO 06 4 ROOM 104 sqm $605,000 $5,817
Jun 2024 04 TO 06 5 ROOM 120 sqm $685,000 $5,708
Apr 2024 01 TO 03 4 ROOM 104 sqm $573,000 $5,510
Oct 2023 04 TO 06 5 ROOM 120 sqm $630,000 $5,250
Jun 2023 10 TO 12 4 ROOM 104 sqm $595,000 $5,721
Jul 2022 07 TO 09 4 ROOM 104 sqm $520,000 $5,000
Mar 2022 04 TO 06 4 ROOM 104 sqm $490,000 $4,712
Feb 2022 01 TO 03 4 ROOM 104 sqm $462,500 $4,447
Dec 2021 04 TO 06 4 ROOM 104 sqm $470,000 $4,519
Dec 2021 10 TO 12 4 ROOM 104 sqm $475,000 $4,567
Nov 2021 01 TO 03 4 ROOM 104 sqm $468,000 $4,500
Sep 2021 07 TO 09 4 ROOM 104 sqm $480,000 $4,615
Sep 2021 07 TO 09 5 ROOM 120 sqm $550,000 $4,583
Dec 2020 10 TO 12 4 ROOM 104 sqm $420,000 $4,038
Aug 2017 01 TO 03 4 ROOM 104 sqm $370,000 $3,558
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 631 Pasir Ris Drive 3

Block 631 at Pasir Ris Drive 3 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 4 room, 5 room flats, with resale prices ranging from $370,000 to $685,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $625,000 in 2026-05. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 34.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9044, 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 631 Pasir Ris Drive 3 worth?

The most recent resale transaction at Block 631 Pasir Ris Drive 3 was $625,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $5,000, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 631 Pasir Ris Drive 3?

Block 631 Pasir Ris Drive 3 was built in 1995 and has approximately 68 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 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 631 Pasir Ris Drive 3?

Block 631 Pasir Ris Drive 3 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $370,000 to $685,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 631 Pasir Ris Drive 3 gone up or down?

Resale prices at Block 631 Pasir Ris Drive 3 have increased by approximately 34.6% over the past five years. The current median price is $550,000, with the most recent sale at $625,000 in 2026-05.

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