Block 338 Ubi Avenue 1
Block 338 Ubi Avenue 1 has 24 recorded HDB resale transactions since 2017. Latest sale: $530,000 (Jan 2026, 4 room, floors 04–06). Median $5,128/sqm. Prices up 26.7% over the past five years. Built 1986, 59 years lease remaining.
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 |
|---|---|---|---|
| 4-Room | $3,500 typically $3,200–$3,900 | 6% | Geylang avg · block too thin |
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| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jan 2026 | 04 TO 06 | 4 ROOM | 84 sqm | $530,000 | $6,310 |
| Aug 2025 | 04 TO 06 | 4 ROOM | 84 sqm | $548,000 | $6,524 |
| Jan 2025 | 07 TO 09 | 4 ROOM | 84 sqm | $565,000 | $6,726 |
| Sep 2024 | 07 TO 09 | 4 ROOM | 84 sqm | $578,000 | $6,881 |
| May 2024 | 04 TO 06 | 4 ROOM | 84 sqm | $503,000 | $5,988 |
| Apr 2024 | 01 TO 03 | 4 ROOM | 104 sqm | $568,000 | $5,462 |
| Apr 2024 | 07 TO 09 | 4 ROOM | 105 sqm | $620,000 | $5,905 |
| Jan 2024 | 01 TO 03 | 4 ROOM | 84 sqm | $500,000 | $5,952 |
| Sep 2023 | 01 TO 03 | 4 ROOM | 90 sqm | $465,000 | $5,167 |
| Aug 2023 | 01 TO 03 | 4 ROOM | 105 sqm | $510,000 | $4,857 |
| Dec 2022 | 04 TO 06 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
| Dec 2022 | 07 TO 09 | 4 ROOM | 105 sqm | $530,000 | $5,048 |
| Nov 2022 | 07 TO 09 | 4 ROOM | 105 sqm | $530,000 | $5,048 |
| Sep 2022 | 04 TO 06 | 4 ROOM | 84 sqm | $440,000 | $5,238 |
| Sep 2022 | 10 TO 12 | 4 ROOM | 84 sqm | $490,000 | $5,833 |
| Dec 2021 | 10 TO 12 | 4 ROOM | 90 sqm | $458,000 | $5,089 |
| Nov 2021 | 01 TO 03 | 4 ROOM | 90 sqm | $425,000 | $4,722 |
| Nov 2021 | 07 TO 09 | 4 ROOM | 84 sqm | $440,000 | $5,238 |
| Jun 2021 | 01 TO 03 | 4 ROOM | 104 sqm | $412,000 | $3,962 |
| Dec 2020 | 10 TO 12 | 4 ROOM | 105 sqm | $450,000 | $4,286 |
About Block 338 Ubi Avenue 1
Block 338 at Ubi Avenue 1 is a residential HDB block in Geylang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $365,000 to $620,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $530,000 in 2026-01. The current median price per square metre is $5,128. Over the past five years, resale prices at this block have increased by approximately 26.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8697, 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 338 Ubi Avenue 1 worth?
The most recent resale transaction at Block 338 Ubi Avenue 1 was $530,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $5,128, based on 24 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 338 Ubi Avenue 1?
Block 338 Ubi Avenue 1 was built in 1986 and has approximately 59 years and 3 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 338 Ubi Avenue 1?
Block 338 Ubi Avenue 1 in Geylang contains 4 room flats. Resale prices range from $365,000 to $620,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 338 Ubi Avenue 1 gone up or down?
Resale prices at Block 338 Ubi Avenue 1 have increased by approximately 26.7% over the past five years. The current median price is $495,000, with the most recent sale at $530,000 in 2026-01.