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Block 227 Pasir Ris Street 21

4 Room · 5 Room · Built 1993 · 66 years remaining lease · Updated May 2026 MOP Cleared

Block 227 Pasir Ris Street 21 has 22 recorded HDB resale transactions since 2017. Latest sale: $565,000 (May 2026, 4 room, floors 01–03). Median $3,996/sqm. Built 1993, 66 years lease remaining.

Latest Sale
$565,000
May 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$3,996
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 84%
#358 / 428 Top 84%
Latest Sale ?
Top 98%
#418 / 428 Top 98%
Value ($/sqm) ?
Top 92%
#395 / 428 Top 92%
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
−0.40%/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 66 years remaining 99 years
66 years 2 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.
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 01 TO 03 4 ROOM 105 sqm $565,000 $5,381
Dec 2025 13 TO 15 5 ROOM 127 sqm $748,000 $5,890
Nov 2025 13 TO 15 5 ROOM 137 sqm $788,000 $5,752
Jul 2025 13 TO 15 5 ROOM 124 sqm $680,000 $5,484
Mar 2025 10 TO 12 5 ROOM 127 sqm $696,000 $5,480
Dec 2022 04 TO 06 4 ROOM 105 sqm $525,000 $5,000
Sep 2022 04 TO 06 5 ROOM 126 sqm $605,000 $4,802
Sep 2022 07 TO 09 5 ROOM 137 sqm $640,000 $4,672
May 2022 10 TO 12 5 ROOM 137 sqm $665,000 $4,854
Feb 2022 04 TO 06 5 ROOM 123 sqm $578,000 $4,699
Dec 2020 04 TO 06 4 ROOM 105 sqm $420,000 $4,000
Oct 2020 04 TO 06 5 ROOM 124 sqm $450,000 $3,629
Sep 2020 10 TO 12 5 ROOM 127 sqm $462,000 $3,638
Sep 2020 01 TO 03 5 ROOM 123 sqm $460,000 $3,740
Jul 2020 01 TO 03 5 ROOM 127 sqm $445,000 $3,504
Aug 2019 07 TO 09 5 ROOM 124 sqm $440,000 $3,548
Jul 2019 01 TO 03 5 ROOM 124 sqm $430,000 $3,468
Jun 2019 10 TO 12 5 ROOM 124 sqm $478,000 $3,855
Nov 2018 04 TO 06 4 ROOM 105 sqm $393,000 $3,743
Dec 2017 01 TO 03 5 ROOM 124 sqm $432,000 $3,484
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 227 Pasir Ris Street 21

Block 227 at Pasir Ris Street 21 is a residential HDB block in Pasir Ris, Singapore, built in 1993 with approximately 66 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $380,000 to $788,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $565,000 in 2026-05. The current median price per square metre is $3,996. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8973, 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 227 Pasir Ris Street 21 worth?

The most recent resale transaction at Block 227 Pasir Ris Street 21 was $565,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $3,996, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 227 Pasir Ris Street 21?

Block 227 Pasir Ris Street 21 was built in 1993 and has approximately 66 years and 2 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 227 Pasir Ris Street 21?

Block 227 Pasir Ris Street 21 in Pasir Ris contains 4 room, 5 room flats. Resale prices range from $380,000 to $788,000 based on historical transaction records from data.gov.sg.

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