Blk 531 Pasir Ris Dr 1 is an HDB block in Pasir Ris (completed in 1992, 8 storeys, 63 units). As of Jul 2026, its median resale price over the last 24 months is $1,008,000, about 38% above the Pasir Ris median, from 3 sales. 79 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Pasir Ris |
|---|---|
| Completed | 1992 |
| Lease from | 1992 |
| Storeys | 8 |
| Dwelling units | 63 |
| Unit mix (sold) | exec ×63 |
| Recorded resales | 79 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| Executive | $1,008,000 | $6,857/m² | 3 |
Median monthly rent at this block: $4,200/mo (1 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 6% of Pasir Ris blocks with recent sales.
For a typical executive flat here, our price model estimates $883,252–$988,045 (central estimate $935,649). Recent sales — median $968,274 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| 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 | $1,134,000 | $1,134,000 | 2 |
| Record sale | $1,260,000 (Executive, 2026-03) |
|---|---|
| First recorded sale | $605,000 (1996-01) |
| Busiest year | 1998 · 13 sales |
| 10-year change (real) | +35% (+3.0%/yr, 2016→2026) |
| Total transacted | $49.8M across 79 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-05 | Executive | 01 TO 03 | 147 | $1,008,000 |
| 2026-03 | Executive | 07 TO 09 | 149 | $1,260,000 |
| 2025-08 | Executive | 01 TO 03 | 148 | $980,000 |
| 2024-03 | Executive | 01 TO 03 | 147 | $938,000 |
| 2022-07 | Executive | 01 TO 03 | 147 | $888,000 |
| 2022-07 | Executive | 07 TO 09 | 149 | $900,000 |
| 2022-03 | Executive | 04 TO 06 | 148 | $888,000 |
| 2021-10 | Executive | 04 TO 06 | 148 | $785,000 |
| 2021-07 | Executive | 04 TO 06 | 148 | $770,000 |
| 2020-12 | Executive | 01 TO 03 | 148 | $730,000 |
| 2020-10 | Executive | 07 TO 09 | 148 | $765,000 |
| 2019-11 | Executive | 07 TO 09 | 149 | $710,000 |
| 2018-11 | Executive | 07 TO 09 | 149 | $758,000 |
| 2018-10 | Executive | 04 TO 06 | 148 | $750,000 |
| 2018-09 | Executive | 01 TO 03 | 148 | $735,000 |
| 2017-12 | Executive | 01 TO 03 | 148 | $690,000 |
| 2017-01 | Executive | 04 TO 06 | 165 | $728,000 |
| 2016-04 | Executive | 04 TO 06 | 148 | $720,000 |
| 2016-03 | Executive | 07 TO 09 | 149 | $690,000 |
| 2014-05 | Executive | 04 TO 06 | 148 | $700,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 532 | $1,013,500 | $6,913/m² |
| 2. Blk 531 | $1,008,000 | $6,857/m² |
| 3. Blk 536 | $992,000 | $6,681/m² |
| 4. Blk 535 | $935,000 | $6,300/m² |
| 5. Blk 533 | $931,500 | $6,469/m² |
| 6. Blk 534 | $928,000 | $6,444/m² |
| 7. Blk 530B | $834,444 | $9,627/m² |
| 8. Blk 530D | $828,000 | $9,815/m² |
| 9. Blk 530A | $824,000 | $9,537/m² |
| 10. Blk 530C | $820,500 | $9,269/m² |
| 11. Blk 638 | $745,000 | $6,157/m² |
| 12. Blk 636 | $730,000 | $6,033/m² |
| 13. Blk 637 | $710,000 | $5,968/m² |
| 14. Blk 635 | $655,000 | $5,825/m² |
| 15. Blk 634 | $648,000 | $6,202/m² |
Showing the top 15 of 18 blocks.
The median resale price over the last 24 months is $1,008,000 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical executive flat here, our price model estimates $883,252–$988,045 (central estimate $935,649). Recent sales — median $968,274 — sit within that range.
The median monthly rent is $4,200/mo over the last 12 months (1 contracts).
The block was completed in 1992 and its 99-year lease runs from 1992.