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Block 304 Ubi Avenue 1

3 Room · 4 Room · Built 2000 · 74 years remaining lease · Updated Oct 2024 MOP Cleared

Block 304 Ubi Avenue 1 has 16 recorded HDB resale transactions since 2017. Latest sale: $420,000 (Oct 2024, 3 room, floors 04–06). Median $4,844/sqm. Built 2000, 74 years lease remaining.

Latest Sale
$420,000
Oct 2024 · 3 ROOM · Floor 04-06
Median $/sqm
$4,844
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 74%
#187 / 253 Top 74%
Latest Sale ?
Top 71%
#179 / 253 Top 71%
Value ($/sqm) ?
Top 76%
#193 / 253 Top 76%
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
−0.29%/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 74 years remaining 99 years
74 years 8 months
Remaining lease
↓ 0.29%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 74 years remaining, decay is gradual (~0.29%/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 Geylang average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,500–$3,000 9% Geylang avg · block too thin
4-Room $3,500 typically $3,200–$3,900 6% 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
Oct 2024 04 TO 06 3 ROOM 63 sqm $420,000 $6,667
Jun 2024 04 TO 06 3 ROOM 64 sqm $438,888 $6,858
Jan 2023 04 TO 06 3 ROOM 63 sqm $405,000 $6,429
Dec 2021 01 TO 03 4 ROOM 83 sqm $430,000 $5,181
Apr 2021 01 TO 03 3 ROOM 64 sqm $318,000 $4,969
Dec 2020 04 TO 06 4 ROOM 83 sqm $388,000 $4,675
Aug 2020 01 TO 03 3 ROOM 63 sqm $305,000 $4,841
Jul 2020 01 TO 03 4 ROOM 83 sqm $395,000 $4,759
Jan 2020 01 TO 03 3 ROOM 64 sqm $330,000 $5,156
Oct 2019 04 TO 06 3 ROOM 64 sqm $308,000 $4,813
Aug 2019 04 TO 06 3 ROOM 64 sqm $280,000 $4,375
May 2019 04 TO 06 3 ROOM 64 sqm $310,000 $4,844
Nov 2018 04 TO 06 3 ROOM 64 sqm $330,000 $5,156
Sep 2018 04 TO 06 3 ROOM 64 sqm $310,000 $4,844
Jun 2018 04 TO 06 3 ROOM 64 sqm $308,000 $4,813
Apr 2017 01 TO 03 4 ROOM 83 sqm $340,000 $4,096
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 304 Ubi Avenue 1

Block 304 at Ubi Avenue 1 is a residential HDB block in Geylang, Singapore, built in 2000 with approximately 74 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $280,000 to $438,888 based on 16 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $420,000 in 2024-10. The current median price per square metre is $4,844. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9234, with an annual lease decay rate of approximately 0.29%. 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 304 Ubi Avenue 1 worth?

The most recent resale transaction at Block 304 Ubi Avenue 1 was $420,000 for a 3 room flat in 2024-10. The median price per square metre across all flat types is $4,844, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 304 Ubi Avenue 1?

Block 304 Ubi Avenue 1 was built in 2000 and has approximately 74 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 304 Ubi Avenue 1?

Block 304 Ubi Avenue 1 in Geylang contains 3 room, 4 room flats. Resale prices range from $280,000 to $438,888 based on historical transaction records from data.gov.sg.

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