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Block 54 Pipit Road

4 Room · Built 1985 · 57 years remaining lease · Updated May 2026 MOP Cleared

Block 54 Pipit Road has 41 recorded HDB resale transactions since 2017. Latest sale: $633,888 (May 2026, 4 room, floors 07–09). Median $5,615/sqm. Prices up 29.1% over the past five years. Built 1985, 57 years lease remaining.

Latest Sale
$633,888
May 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$5,615
Based on 41 transactions
Total Transactions
41
Since Jan 2017
5-Year Trend
▲ +29.1%
Median price change
Median Price ?
Top 43%
#108 / 253 Top 43%
Latest Sale ?
Top 43%
#108 / 253 Top 43%
Value ($/sqm) ?
Top 39%
#98 / 253 Top 39%
5-Year Growth ?
Top 63%
#117 / 187 Top 63%
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
+5.2%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +29.1% 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 57 years remaining 99 years
57 years 11 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.55%/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 $3,900 typically $2,800–$4,000 7.6% 9 rentals here
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

No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.

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 07 TO 09 4 ROOM 91 sqm $633,888 $6,966
May 2026 04 TO 06 4 ROOM 91 sqm $598,000 $6,571
Apr 2026 01 TO 03 4 ROOM 91 sqm $520,000 $5,714
Jun 2025 10 TO 12 4 ROOM 94 sqm $655,000 $6,968
May 2025 16 TO 18 4 ROOM 91 sqm $652,000 $7,165
Feb 2025 13 TO 15 4 ROOM 91 sqm $663,000 $7,286
Feb 2025 04 TO 06 4 ROOM 94 sqm $588,000 $6,255
Nov 2024 04 TO 06 4 ROOM 91 sqm $640,000 $7,033
Jun 2024 01 TO 03 4 ROOM 91 sqm $558,888 $6,142
Mar 2024 13 TO 15 4 ROOM 91 sqm $593,888 $6,526
Nov 2023 01 TO 03 4 ROOM 91 sqm $518,000 $5,692
Jul 2023 16 TO 18 4 ROOM 94 sqm $560,000 $5,957
Jun 2023 10 TO 12 4 ROOM 96 sqm $605,000 $6,302
Mar 2023 01 TO 03 4 ROOM 94 sqm $510,000 $5,426
Mar 2023 07 TO 09 4 ROOM 94 sqm $558,888 $5,946
Mar 2023 13 TO 15 4 ROOM 91 sqm $570,000 $6,264
Jan 2023 07 TO 09 4 ROOM 93 sqm $550,000 $5,914
Nov 2022 07 TO 09 4 ROOM 105 sqm $675,888 $6,437
Sep 2022 07 TO 09 4 ROOM 91 sqm $582,888 $6,405
Jul 2022 13 TO 15 4 ROOM 94 sqm $535,000 $5,691
Showing 20 of 41 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 54 Pipit Road

Block 54 at Pipit Road is a residential HDB block in Geylang, Singapore, built in 1985 with approximately 57 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $423,000 to $675,888 based on 41 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $633,888 in 2026-05. The current median price per square metre is $5,615. Over the past five years, resale prices at this block have increased by approximately 29.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8636, with an annual lease decay rate of approximately 0.55%. 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 54 Pipit Road worth?

The most recent resale transaction at Block 54 Pipit Road was $633,888 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $5,615, based on 41 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 54 Pipit Road?

Block 54 Pipit Road was built in 1985 and has approximately 57 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 54 Pipit Road?

Block 54 Pipit Road in Geylang contains 4 room flats. Resale prices range from $423,000 to $675,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 54 Pipit Road gone up or down?

Resale prices at Block 54 Pipit Road have increased by approximately 29.1% over the past five years. The current median price is $518,000, with the most recent sale at $633,888 in 2026-05.

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