Blk 551 Pasir Ris St 51 is an HDB block in Pasir Ris (completed in 1992, 13 storeys, 87 units). As of Jul 2026, its median resale price over the last 24 months is $705,000, about 3% below the Pasir Ris median, from 4 sales. 134 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Pasir Ris |
|---|---|
| Completed | 1992 |
| Lease from | 1992 |
| Storeys | 13 |
| Dwelling units | 87 |
| Unit mix (sold) | 4-room ×25 · 5-room ×62 |
| Recorded resales | 134 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $645,000 | $6,202/m² | 2 |
| 5-Room | $740,000 | $6,016/m² | 2 |
Median monthly rent at this block: $3,550/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~6.0% (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 40% of Pasir Ris blocks with recent sales.
For a typical 5-room flat here, our price model estimates $637,439–$713,067 (central estimate $675,253). Recent sales — median $663,778 — 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 |
|---|---|---|---|
| 1997 | $419,500 | $669,251 | 22 |
| 1998 | $382,000 | $611,087 | 11 |
| 1999 | $374,000 | $598,147 | 8 |
| 2000 | $390,000 | $615,435 | 3 |
| 2001 | $352,000 | $549,897 | 6 |
| 2002 | $325,000 | $509,714 | 5 |
| 2003 | $284,000 | $443,248 | 4 |
| 2004 | $275,000 | $422,143 | 3 |
| 2005 | $270,000 | $412,516 | 4 |
| 2006 | $272,000 | $411,596 | 3 |
| 2007 | $292,500 | $433,470 | 5 |
| 2008 | $368,000 | $511,422 | 3 |
| 2009 | $380,000 | $525,011 | 7 |
| 2010 | $438,000 | $588,497 | 9 |
| 2011 | $480,000 | $612,748 | 4 |
| 2012 | $533,000 | $650,601 | 6 |
| 2015 | $417,500 | $495,344 | 4 |
| 2016 | $470,000 | $560,599 | 2 |
| 2017 | $472,500 | $560,348 | 2 |
| 2018 | $422,500 | $498,865 | 2 |
| 2019 | $505,000 | $592,912 | 3 |
| 2020 | $440,000 | $517,487 | 3 |
| 2021 | $545,000 | $626,470 | 4 |
| 2022 | $620,000 | $671,510 | 2 |
| 2023 | $600,000 | $619,886 | 5 |
| 2024 | $710,000 | $716,411 | 1 |
| 2025 | $700,000 | $700,000 | 1 |
| 2026 | $680,000 | $680,000 | 2 |
| Record sale | $770,000 (5-Room, 2026-06) |
|---|---|
| First recorded sale | $476,000 (1997-04) |
| Busiest year | 1997 · 22 sales |
| 10-year change (real) | +21% (+1.9%/yr, 2016→2026) |
| Total transacted | $54.9M across 134 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 5-Room | 13 TO 15 | 123 | $770,000 |
| 2026-05 | 4-Room | 01 TO 03 | 104 | $590,000 |
| 2025-07 | 4-Room | 10 TO 12 | 104 | $700,000 |
| 2024-08 | 5-Room | 04 TO 06 | 123 | $710,000 |
| 2023-09 | 5-Room | 04 TO 06 | 123 | $600,000 |
| 2023-07 | 4-Room | 04 TO 06 | 103 | $575,000 |
| 2023-07 | 5-Room | 04 TO 06 | 123 | $635,000 |
| 2023-06 | 5-Room | 10 TO 12 | 123 | $663,000 |
| 2023-05 | 4-Room | 13 TO 15 | 104 | $550,000 |
| 2022-05 | 5-Room | 10 TO 12 | 123 | $620,000 |
| 2022-01 | 5-Room | 07 TO 09 | 123 | $620,000 |
| 2021-12 | 5-Room | 01 TO 03 | 123 | $540,000 |
| 2021-11 | 5-Room | 10 TO 12 | 123 | $558,000 |
| 2021-09 | 4-Room | 04 TO 06 | 104 | $465,000 |
| 2021-09 | 5-Room | 01 TO 03 | 123 | $550,000 |
| 2020-11 | 4-Room | 13 TO 15 | 103 | $440,000 |
| 2020-08 | 4-Room | 01 TO 03 | 104 | $407,000 |
| 2020-08 | 5-Room | 01 TO 03 | 123 | $492,000 |
| 2019-12 | 5-Room | 10 TO 12 | 123 | $515,000 |
| 2019-10 | 4-Room | 07 TO 09 | 103 | $423,888 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 547 | $988,000 | $6,608/m² |
| 2. Blk 549 | $980,000 | $6,574/m² |
| 3. Blk 537 | $970,000 | $6,773/m² |
| 4. Blk 541 | $970,000 | $6,783/m² |
| 5. Blk 538 | $943,000 | $6,594/m² |
| 6. Blk 544 | $942,500 | $6,545/m² |
| 7. Blk 543 | $918,000 | $6,420/m² |
| 8. Blk 528B | $854,000 | $8,463/m² |
| 9. Blk 524B | $839,000 | $8,304/m² |
| 10. Blk 564 | $809,000 | $6,633/m² |
| 11. Blk 567 | $790,000 | $6,529/m² |
| 12. Blk 568 | $780,444 | $6,449/m² |
| 13. Blk 566 | $780,000 | $6,341/m² |
| 14. Blk 524C | $778,000 | $8,366/m² |
| 15. Blk 525C | $770,000 | $8,132/m² |
Showing the top 15 of 41 blocks.
The median resale price over the last 24 months is $705,000 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 5-room flat here, our price model estimates $637,439–$713,067 (central estimate $675,253). Recent sales — median $663,778 — sit within that range.
The median monthly rent is $3,550/mo over the last 12 months (3 contracts).
The block was completed in 1992 and its 99-year lease runs from 1992.