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Block 232 Pasir Ris Drive 4

4 Room · 5 Room · Built 1993 · 67 years remaining lease MOP Cleared
Latest Sale
$640,000
Aug 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$3,915
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +30.7%
Median price change
Median Price ?
Top 83%
#355 / 428 Top 83%
Latest Sale ?
Top 78%
#332 / 428 Top 78%
Value ($/sqm) ?
Top 96%
#409 / 428 Top 96%
5-Year Growth ?
Top 73%
#208 / 286 Top 73%
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
+5.5%/yr
vs
Lease Decay
−0.39%/yr
Growth assumption
Based on this block’s +30.7% 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 67 years remaining 99 years
67 years
Remaining lease
↓ 0.39%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.39%/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
Aug 2025 01 TO 03 4 ROOM 107 sqm $640,000 $5,981
May 2025 07 TO 09 5 ROOM 128 sqm $708,000 $5,531
May 2025 10 TO 12 5 ROOM 127 sqm $730,000 $5,748
Aug 2024 07 TO 09 5 ROOM 127 sqm $670,000 $5,276
Apr 2023 01 TO 03 4 ROOM 107 sqm $512,000 $4,785
Oct 2022 01 TO 03 4 ROOM 107 sqm $486,000 $4,542
Oct 2021 07 TO 09 5 ROOM 127 sqm $550,000 $4,331
Jan 2020 04 TO 06 5 ROOM 127 sqm $465,000 $3,661
Aug 2019 04 TO 06 4 ROOM 106 sqm $415,000 $3,915
Jun 2019 01 TO 03 5 ROOM 127 sqm $465,000 $3,661
Apr 2019 13 TO 15 5 ROOM 127 sqm $485,000 $3,819
Feb 2019 01 TO 03 4 ROOM 107 sqm $370,000 $3,458
Jan 2019 04 TO 06 5 ROOM 128 sqm $460,000 $3,594
Jul 2017 07 TO 09 5 ROOM 125 sqm $478,000 $3,824
Mar 2017 04 TO 06 5 ROOM 128 sqm $465,000 $3,633
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232 Pasir Ris Drive 4

Block 232 at Pasir Ris Drive 4 is a residential HDB block in Pasir Ris, Singapore, built in 1993 with approximately 67 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $370,000 to $730,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $640,000 in 2025-08. The current median price per square metre is $3,915. Over the past five years, resale prices at this block have increased by approximately 30.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9002, with an annual lease decay rate of approximately 0.39%. 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 232 Pasir Ris Drive 4 worth?

The most recent resale transaction at Block 232 Pasir Ris Drive 4 was $640,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $3,915, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232 Pasir Ris Drive 4?

Block 232 Pasir Ris Drive 4 was built in 1993 and has approximately 67 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.39%, meaning the leasehold value decreases by approximately 0.39% per year at the current remaining lease.

What flat types are available at Block 232 Pasir Ris Drive 4?

Block 232 Pasir Ris Drive 4 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $370,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 232 Pasir Ris Drive 4 gone up or down?

Resale prices at Block 232 Pasir Ris Drive 4 have increased by approximately 30.7% over the past five years. The current median price is $485,000, with the most recent sale at $640,000 in 2025-08.

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