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Block 338 Ubi Avenue 1

4 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$530,000
Jan 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$5,128
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +26.7%
Median price change
Median Price ?
Top 47%
#120 / 253 Top 47%
Latest Sale ?
Top 59%
#149 / 253 Top 59%
Value ($/sqm) ?
Top 58%
#147 / 253 Top 58%
5-Year Growth ?
Top 69%
#128 / 185 Top 69%
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
+4.8%/yr
vs
Lease Decay
−0.52%/yr
Growth assumption
Based on this block’s +26.7% 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 3 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
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
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

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.

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