Blk 531 Pasir Ris Drive 1 — HDB resale prices
HDB resale prices, Pasir Ris · Executive · built 1992
median resale price, last 24 months
5 sales in that window · as of Sep 2026
How it compares
Blk 531 Pasir Ris Drive 1 is an HDB block in Pasir Ris (completed in 1992, 8 storeys, 63 units). As of Sep 2026, its median resale price over the last 24 months is $1,008,000, about 40% above the Pasir Ris median, from 5 sales. 81 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): exec ×63
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $4,225/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~5.0% (Pasir Ris average: ~5.8%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 7% of Pasir Ris blocks with recent sales.
What the price model says
For a typical executive flat here, our price model estimates $961,384–$1,074,799 (central estimate $1,018,091). Recent sales — median $980,000 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1996 | $605,000 | $984,713 | 1 |
| 1997 | $640,000 | $1,021,027 | 9 |
| 1998 | $565,000 | $903,833 | 13 |
| 1999 | $491,000 | $785,268 | 4 |
| 2000 | $542,000 | $855,297 | 1 |
| 2001 | $528,000 | $824,846 | 3 |
| 2002 | $515,000 | $807,701 | 3 |
| 2004 | $443,000 | $680,035 | 3 |
| 2005 | $475,000 | $725,723 | 1 |
| 2006 | $416,500 | $630,256 | 4 |
| 2007 | $421,500 | $624,642 | 2 |
| 2008 | $552,500 | $767,828 | 2 |
| 2009 | $560,000 | $773,701 | 3 |
| 2010 | $600,000 | $806,160 | 3 |
| 2011 | $644,000 | $822,104 | 2 |
| 2012 | $780,000 | $952,099 | 3 |
| 2013 | $815,000 | $971,849 | 1 |
| 2014 | $705,000 | $832,075 | 2 |
| 2016 | $705,000 | $840,898 | 2 |
| 2017 | $709,000 | $840,819 | 2 |
| 2018 | $750,000 | $885,559 | 3 |
| 2019 | $710,000 | $833,599 | 1 |
| 2020 | $747,500 | $879,141 | 2 |
| 2021 | $777,500 | $893,725 | 2 |
| 2022 | $888,000 | $961,775 | 3 |
| 2024 | $938,000 | $946,470 | 1 |
| 2025 | $980,000 | $980,000 | 1 |
| 2026 | $1,029,000 | $1,029,000 | 4 |
Records
| Record sale | $1,260,000 (Executive, 2026-03) |
|---|---|
| First recorded sale | $605,000 (1996-01) |
| Busiest year | 1998 · 13 sales |
| 10-year change (real) | +22% (+2.0%/yr, 2016→2026) |
| Total transacted | $51.8M across 81 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | Executive | 04–06 | 148 m² | $1,050,000 |
| 2026-08 | Executive | 01–03 | 147 m² | $995,000 |
| 2026-05 | Executive | 01–03 | 147 m² | $1,008,000 |
| 2026-03 | Executive | 07–09 | 149 m² | $1,260,000 |
| 2025-08 | Executive | 01–03 | 148 m² | $980,000 |
| 2024-03 | Executive | 01–03 | 147 m² | $938,000 |
| 2022-07 | Executive | 07–09 | 149 m² | $900,000 |
| 2022-07 | Executive | 01–03 | 147 m² | $888,000 |
| 2022-03 | Executive | 04–06 | 148 m² | $888,000 |
| 2021-10 | Executive | 04–06 | 148 m² | $785,000 |
| 2021-07 | Executive | 04–06 | 148 m² | $770,000 |
| 2020-12 | Executive | 01–03 | 148 m² | $730,000 |
| 2020-10 | Executive | 07–09 | 148 m² | $765,000 |
| 2019-11 | Executive | 07–09 | 149 m² | $710,000 |
| 2018-11 | Executive | 07–09 | 149 m² | $758,000 |
| 2018-10 | Executive | 04–06 | 148 m² | $750,000 |
| 2018-09 | Executive | 01–03 | 148 m² | $735,000 |
| 2017-12 | Executive | 01–03 | 148 m² | $690,000 |
| 2017-01 | Executive | 04–06 | 165 m² | $728,000 |
| 2016-04 | Executive | 04–06 | 148 m² | $720,000 |
Pasir Ris Drive 1 blocks ranked by price
Showing the top 15 of 18 priced blocks.
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Quick answers
How much does a flat at Blk 531 Pasir Ris Drive 1 cost?
The median resale price over the last 24 months is $1,008,000 (5 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 531 Pasir Ris Drive 1 fairly priced?
For a typical executive flat here, our price model estimates $961,384–$1,074,799 (central estimate $1,018,091). Recent sales — median $980,000 — sit within that range.
What is the rent at Blk 531 Pasir Ris Drive 1?
The median monthly rent is $4,225/mo over the last 12 months (2 contracts).
How old is Blk 531 Pasir Ris Drive 1?
The block was completed in 1992 and its 99-year lease runs from 1992.