HDB Resale & Rent — Singapore

Blk 54 Pipit Rd — HDB resale prices

Blk 54 Pipit Rd is an HDB block in Geylang (completed in 1984, 16 storeys, 222 units). As of Jul 2026, its median resale price over the last 24 months is $636,944, about 26% above the Geylang median, from 8 sales. 191 resale transactions have been recorded here since 1990.

Explore this block on the interactive map →

Price history at a glance

$231K$462K$693K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownGeylang
Completed1984
Lease from1985
Storeys16
Dwelling units222
Unit mix (sold)4-room ×222
Recorded resales191 since 1990

Prices by flat type — last 24 months (as of Jul 2026)

Flat typeMedian priceMedian $/m²Sales
4-Room$636,944$6,967/m²8

Median monthly rent at this block: $3,900/mo (7 rental contracts, last 12 months).

Estimated gross rental yield: ~7.3% (Geylang average: ~7.4%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 37% of Geylang blocks with recent sales.

What the price model says

For a typical 4-room flat here, our price model estimates $581,542–$650,539 (central estimate $616,040). Recent sales — median $588,446 — 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

YearMedian (nominal)Median (today's $)Sales
1990$89,700$167,9283
1991$87,000$157,4578
1992$95,000$168,1634
1993$177,000$306,2961
1994$190,000$318,9269
1995$237,500$391,89610
1996$286,000$465,50115
1997$312,250$498,1506
1998$276,500$442,3188
1999$267,000$427,02013
2000$274,000$432,3835
2001$237,745$371,4078
2002$227,000$356,0168
2003$242,500$378,4786
2004$245,000$376,0913
2005$245,000$374,3204
2006$218,000$329,8821
2007$213,000$315,6555
2008$305,500$424,5646
2009$301,000$415,8642
2010$362,500$487,0554
2011$426,250$544,1334
2012$438,000$534,6405
2013$441,500$526,4682
2014$451,000$532,2923
2015$451,000$535,0902
2016$470,000$560,5995
2017$465,000$551,4548
2018$470,000$554,9515
2019$469,000$550,6454
2020$430,000$505,7261
2021$491,000$564,3972
2022$558,944$605,3814
2023$558,888$577,4127
2024$593,888$599,2513
2025$653,500$653,5004
2026$598,000$598,0003

Records

Record sale$675,888 (4-Room, 2022-11)
First recorded sale$89,700 (1990-07)
Busiest year1996 · 15 sales
10-year change (real)+7% (+0.6%/yr, 2016→2026)
Total transacted$62.1M across 191 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-054-Room07 TO 0991$633,888
2026-054-Room04 TO 0691$598,000
2026-044-Room01 TO 0391$520,000
2025-064-Room10 TO 1294$655,000
2025-054-Room16 TO 1891$652,000
2025-024-Room13 TO 1591$663,000
2025-024-Room04 TO 0694$588,000
2024-114-Room04 TO 0691$640,000
2024-064-Room01 TO 0391$558,888
2024-034-Room13 TO 1591$593,888
2023-114-Room01 TO 0391$518,000
2023-074-Room16 TO 1894$560,000
2023-064-Room10 TO 1296$605,000
2023-034-Room01 TO 0394$510,000
2023-034-Room07 TO 0994$558,888
2023-034-Room13 TO 1591$570,000
2023-014-Room07 TO 0993$550,000
2022-114-Room07 TO 09105$675,888
2022-094-Room07 TO 0991$582,888
2022-074-Room13 TO 1594$535,000

Pipit Rd blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 53$1,050,000$7,192/m²
2. Blk 56$965,000$7,910/m²
3. Blk 55$804,088$7,843/m²
4. Blk 92A$801,000$7,225/m²
5. Blk 92$775,000$7,598/m²
6. Blk 54$636,944$6,967/m²

More blocks on Pipit Rd

Blk 53 Blk 55 Blk 56 Blk 92 Blk 92A · All of Geylang

Quick answers

How much does a flat at Blk 54 Pipit Rd cost?

The median resale price over the last 24 months is $636,944 (8 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 54 Pipit Rd fairly priced?

For a typical 4-room flat here, our price model estimates $581,542–$650,539 (central estimate $616,040). Recent sales — median $588,446 — sit within that range.

What is the rent at Blk 54 Pipit Rd?

The median monthly rent is $3,900/mo over the last 12 months (7 contracts).

How old is Blk 54 Pipit Rd?

The block was completed in 1984 and its 99-year lease runs from 1985.