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Block 53 Pipit Road

Executive · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$1,098,000
Mar 2026 · EXECUTIVE · Floor 13-15
Median $/sqm
$5,151
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +47.6%
Median price change
Median Price ?
Top 12%
#31 / 253 Top 12%
Latest Sale ?
Top 3%
#8 / 253 Top 3%
Value ($/sqm) ?
Top 57%
#144 / 253 Top 57%
5-Year Growth ?
Top 11%
#21 / 185 Top 11%
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
+8.1%/yr
vs
Lease Decay
−0.52%/yr
Growth assumption
Based on this block’s +47.6% 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 59 years remaining 99 years
59 years 7 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
Mar 2026 13 TO 15 EXECUTIVE 146 sqm $1,098,000 $7,521
Jun 2025 04 TO 06 EXECUTIVE 146 sqm $1,050,000 $7,192
Aug 2024 07 TO 09 EXECUTIVE 146 sqm $1,000,000 $6,849
Jun 2024 10 TO 12 EXECUTIVE 146 sqm $990,000 $6,781
May 2024 10 TO 12 EXECUTIVE 146 sqm $965,000 $6,610
Mar 2024 13 TO 15 EXECUTIVE 146 sqm $930,000 $6,370
Nov 2023 10 TO 12 EXECUTIVE 146 sqm $938,000 $6,425
Aug 2023 04 TO 06 EXECUTIVE 153 sqm $850,000 $5,556
May 2023 01 TO 03 EXECUTIVE 146 sqm $840,000 $5,753
Mar 2023 13 TO 15 EXECUTIVE 146 sqm $928,000 $6,356
Jun 2022 10 TO 12 EXECUTIVE 146 sqm $838,000 $5,740
May 2022 01 TO 03 EXECUTIVE 149 sqm $790,000 $5,302
Apr 2022 01 TO 03 EXECUTIVE 146 sqm $783,888 $5,369
Aug 2021 13 TO 15 EXECUTIVE 146 sqm $818,000 $5,603
Apr 2021 04 TO 06 EXECUTIVE 146 sqm $710,000 $4,863
Mar 2021 04 TO 06 EXECUTIVE 153 sqm $745,000 $4,869
Jan 2021 04 TO 06 EXECUTIVE 146 sqm $668,000 $4,575
Nov 2020 04 TO 06 EXECUTIVE 146 sqm $658,000 $4,507
Jun 2020 13 TO 15 EXECUTIVE 146 sqm $720,000 $4,932
Oct 2019 01 TO 03 EXECUTIVE 146 sqm $628,000 $4,301
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 53 Pipit Road

Block 53 at Pipit Road is a residential HDB block in Geylang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $590,000 to $1,098,000 based on 28 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 13 TO 15 sold for $1,098,000 in 2026-03. The current median price per square metre is $5,151. Over the past five years, resale prices at this block have increased by approximately 47.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8712, with an annual lease decay rate of approximately 0.52%. 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 53 Pipit Road worth?

The most recent resale transaction at Block 53 Pipit Road was $1,098,000 for a executive flat in 2026-03. The median price per square metre across all flat types is $5,151, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 53 Pipit Road?

Block 53 Pipit Road was built in 1986 and has approximately 59 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 53 Pipit Road?

Block 53 Pipit Road in Geylang contains executive flats. Resale prices range from $590,000 to $1,098,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 53 Pipit Road gone up or down?

Resale prices at Block 53 Pipit Road have increased by approximately 47.6% over the past five years. The current median price is $764,444, with the most recent sale at $1,098,000 in 2026-03.

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