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Block 1 Pine Close

4 Room · 5 Room · Built 2000 · 73 years remaining lease · Updated May 2026 MOP Cleared

Block 1 Pine Close has 30 recorded HDB resale transactions since 2017. Latest sale: $1,318,000 (May 2026, 5 room, floors 19–21). Median $7,863/sqm. Prices up 33.5% over the past five years. Built 2000, 73 years lease remaining.

Latest Sale
$1,318,000
May 2026 · 5 ROOM · Floor 19-21
Median $/sqm
$7,863
Based on 30 transactions
Total Transactions
30
Since Jan 2017
5-Year Trend
▲ +33.5%
Median price change
Median Price ?
Top 13%
#34 / 253 Top 13%
Latest Sale ?
Top 1%
#2 / 253 Top 1%
Value ($/sqm) ?
Top 11%
#27 / 253 Top 11%
5-Year Growth ?
Top 47%
#87 / 187 Top 47%
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
+5.9%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Based on this block’s +33.5% 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 73 years remaining 99 years
73 years 1 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.31%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,600 typically $3,500–$3,800 4.7% 6 rentals here
5-Room $4,000 typically $3,750–$4,300 5.3% Geylang 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).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 19 TO 21 5 ROOM 110 sqm $1,318,000 $11,982
Mar 2026 10 TO 12 5 ROOM 110 sqm $1,328,000 $12,073
Feb 2026 01 TO 03 5 ROOM 113 sqm $1,003,800 $8,883
May 2025 16 TO 18 4 ROOM 85 sqm $910,000 $10,706
Jul 2024 16 TO 18 4 ROOM 95 sqm $935,000 $9,842
Jun 2024 13 TO 15 4 ROOM 95 sqm $896,800 $9,440
May 2023 01 TO 03 4 ROOM 95 sqm $705,000 $7,421
Feb 2023 01 TO 03 4 ROOM 95 sqm $660,000 $6,947
Nov 2022 01 TO 03 4 ROOM 85 sqm $680,000 $8,000
Oct 2022 04 TO 06 5 ROOM 113 sqm $939,800 $8,317
Aug 2022 10 TO 12 4 ROOM 86 sqm $710,000 $8,256
Aug 2022 07 TO 09 4 ROOM 95 sqm $773,888 $8,146
Jul 2022 01 TO 03 4 ROOM 86 sqm $600,000 $6,977
Mar 2022 07 TO 09 5 ROOM 110 sqm $898,888 $8,172
Nov 2021 13 TO 15 5 ROOM 110 sqm $908,000 $8,255
Aug 2021 07 TO 09 4 ROOM 95 sqm $745,000 $7,842
Apr 2021 01 TO 03 4 ROOM 95 sqm $630,000 $6,632
Mar 2021 10 TO 12 4 ROOM 95 sqm $788,000 $8,295
Jan 2021 07 TO 09 4 ROOM 95 sqm $720,000 $7,579
Dec 2020 10 TO 12 5 ROOM 110 sqm $830,000 $7,545
Showing 20 of 30 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Pine Close

Block 1 at Pine Close is a residential HDB block in Geylang, Singapore, built in 2000 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $445,000 to $1,328,000 based on 30 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 19 TO 21 sold for $1,318,000 in 2026-05. The current median price per square metre is $7,863. Over the past five years, resale prices at this block have increased by approximately 33.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9191, with an annual lease decay rate of approximately 0.31%. 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 1 Pine Close worth?

The most recent resale transaction at Block 1 Pine Close was $1,318,000 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $7,863, based on 30 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Pine Close?

Block 1 Pine Close was built in 2000 and has approximately 73 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 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 1 Pine Close?

Block 1 Pine Close in Geylang contains 4 room, 5 room flats. Resale prices range from $445,000 to $1,328,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 1 Pine Close gone up or down?

Resale prices at Block 1 Pine Close have increased by approximately 33.5% over the past five years. The current median price is $761,444, with the most recent sale at $1,318,000 in 2026-05.

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