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Block 348 Ubi Avenue 1

4 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$515,000
Feb 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$4,913
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +28.6%
Median price change
Median Price ?
Top 57%
#144 / 253 Top 57%
Latest Sale ?
Top 62%
#156 / 253 Top 62%
Value ($/sqm) ?
Top 74%
#186 / 253 Top 74%
5-Year Growth ?
Top 64%
#118 / 185 Top 64%
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
−0.52%/yr
Growth assumption
Based on this block’s +28.6% 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 4 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
Feb 2026 01 TO 03 4 ROOM 84 sqm $515,000 $6,131
Nov 2025 07 TO 09 4 ROOM 84 sqm $599,000 $7,131
Aug 2025 01 TO 03 4 ROOM 104 sqm $580,000 $5,577
Jan 2024 04 TO 06 4 ROOM 84 sqm $520,000 $6,190
Jan 2024 10 TO 12 4 ROOM 104 sqm $588,000 $5,654
Dec 2023 04 TO 06 4 ROOM 84 sqm $455,000 $5,417
Sep 2023 04 TO 06 4 ROOM 104 sqm $530,000 $5,096
Jun 2023 01 TO 03 4 ROOM 104 sqm $540,000 $5,192
May 2023 07 TO 09 4 ROOM 104 sqm $538,000 $5,173
Feb 2023 04 TO 06 4 ROOM 84 sqm $435,000 $5,179
Jan 2023 10 TO 12 4 ROOM 84 sqm $468,000 $5,571
Sep 2022 10 TO 12 4 ROOM 84 sqm $455,000 $5,417
Jan 2022 07 TO 09 4 ROOM 84 sqm $438,888 $5,225
Nov 2021 07 TO 09 4 ROOM 104 sqm $501,888 $4,826
Sep 2021 04 TO 06 4 ROOM 104 sqm $468,000 $4,500
May 2021 10 TO 12 4 ROOM 84 sqm $420,000 $5,000
Apr 2021 07 TO 09 4 ROOM 104 sqm $433,888 $4,172
Oct 2020 07 TO 09 4 ROOM 84 sqm $320,000 $3,810
Nov 2019 07 TO 09 4 ROOM 84 sqm $351,000 $4,179
Oct 2019 10 TO 12 4 ROOM 104 sqm $425,000 $4,087
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 348 Ubi Avenue 1

Block 348 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 $320,000 to $599,000 based on 28 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $515,000 in 2026-02. The current median price per square metre is $4,913. Over the past five years, resale prices at this block have increased by approximately 28.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8701, 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 348 Ubi Avenue 1 worth?

The most recent resale transaction at Block 348 Ubi Avenue 1 was $515,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,913, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 348 Ubi Avenue 1?

Block 348 Ubi Avenue 1 was built in 1986 and has approximately 59 years and 4 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 348 Ubi Avenue 1?

Block 348 Ubi Avenue 1 in Geylang contains 4 room flats. Resale prices range from $320,000 to $599,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 348 Ubi Avenue 1 gone up or down?

Resale prices at Block 348 Ubi Avenue 1 have increased by approximately 28.6% over the past five years. The current median price is $436,944, with the most recent sale at $515,000 in 2026-02.

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