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Block 487 Pasir Ris Drive 4

4 Room · 5 Room · Built 1992 · 66 years remaining lease MOP Cleared
Latest Sale
$590,000
Sep 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$4,033
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +31.1%
Median price change
Median Price ?
Top 65%
#279 / 428 Top 65%
Latest Sale ?
Top 94%
#401 / 428 Top 94%
Value ($/sqm) ?
Top 89%
#383 / 428 Top 89%
5-Year Growth ?
Top 70%
#199 / 286 Top 70%
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
+5.6%/yr
vs
Lease Decay
−0.40%/yr
Growth assumption
Based on this block’s +31.1% 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 66 years remaining 99 years
66 years 4 months
Remaining lease
↓ 0.40%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.40%/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
Sep 2025 01 TO 03 4 ROOM 104 sqm $590,000 $5,673
Nov 2024 01 TO 03 4 ROOM 104 sqm $560,000 $5,385
Aug 2023 10 TO 12 5 ROOM 137 sqm $660,000 $4,818
May 2023 07 TO 09 4 ROOM 104 sqm $548,000 $5,269
Feb 2023 07 TO 09 5 ROOM 135 sqm $628,000 $4,652
Jan 2022 01 TO 03 4 ROOM 104 sqm $466,000 $4,481
Aug 2021 01 TO 03 4 ROOM 104 sqm $450,000 $4,327
Feb 2021 04 TO 06 5 ROOM 121 sqm $475,000 $3,926
Feb 2021 01 TO 03 5 ROOM 137 sqm $550,000 $4,015
Feb 2021 04 TO 06 5 ROOM 137 sqm $555,000 $4,051
Jan 2021 04 TO 06 5 ROOM 135 sqm $525,000 $3,889
Nov 2020 01 TO 03 4 ROOM 104 sqm $403,000 $3,875
Apr 2019 10 TO 12 4 ROOM 104 sqm $410,000 $3,942
Mar 2019 10 TO 12 5 ROOM 135 sqm $515,000 $3,815
Aug 2017 10 TO 12 4 ROOM 104 sqm $395,000 $3,798
May 2017 04 TO 06 5 ROOM 120 sqm $477,000 $3,975
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 487 Pasir Ris Drive 4

Block 487 at Pasir Ris Drive 4 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 66 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $395,000 to $660,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $590,000 in 2025-09. The current median price per square metre is $4,033. Over the past five years, resale prices at this block have increased by approximately 31.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8979, with an annual lease decay rate of approximately 0.40%. 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 487 Pasir Ris Drive 4 worth?

The most recent resale transaction at Block 487 Pasir Ris Drive 4 was $590,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $4,033, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 487 Pasir Ris Drive 4?

Block 487 Pasir Ris Drive 4 was built in 1992 and has approximately 66 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.40%, meaning the leasehold value decreases by approximately 0.40% per year at the current remaining lease.

What flat types are available at Block 487 Pasir Ris Drive 4?

Block 487 Pasir Ris Drive 4 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $395,000 to $660,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 487 Pasir Ris Drive 4 gone up or down?

Resale prices at Block 487 Pasir Ris Drive 4 have increased by approximately 31.1% over the past five years. The current median price is $520,000, with the most recent sale at $590,000 in 2025-09.

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