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Blk 338 Ubi Avenue 1 — HDB resale prices

HDB resale prices, Geylang · 4-Room · built 1985

$539,000

median resale price, last 24 months
4 sales in that window · as of Sep 2026

Dearer than 22% of the 37 priced blocks on Ubi Avenue 1p22

How it compares

This block$539,000Ubi Avenue 1 median$574,000Geylang median$593,000

Blk 338 Ubi Avenue 1 is an HDB block in Geylang (completed in 1985, 12 storeys, 114 units). As of Sep 2026, its median resale price over the last 24 months is $539,000, about 9% below the Geylang median, from 4 sales. 174 resale transactions have been recorded here since 1990.

Price by year

1990 · $118,0001990: $118,0001991 · $86,0001991: $86,0001992 · $100,0001992: $100,0001993 · $123,0001993: $123,0001994 · $150,0001994: $150,0001995 · $183,5001995: $183,5001996 · $262,0001996: $262,0001997 · $278,0001997: $278,0001998 · $255,0001998: $255,0001999 · $205,0001999: $205,0002000 · $210,0002000: $210,0002001 · $195,0002001: $195,0002002 · $178,0002002: $178,0002003 · $201,5002003: $201,5002004 · $178,0002004: $178,0002005 · $187,0002005: $187,0002006 · $188,0002006: $188,0002007 · $222,9442007: $222,9442008 · $212,5002008: $212,5002009 · $279,0002009: $279,0002010 · $308,0002010: $308,0002011 · $375,0002011: $375,0002012 · $426,0002012: $426,0002013 · $403,0002013: $403,0002014 · $410,0002014: $410,0002015 · $394,0002015: $394,0002016 · $395,5002016: $395,5002017 · $440,0002017: $440,0002018 · $409,0002018: $409,0002020 · $408,4442020: $408,4442021 · $432,5002021: $432,5002022 · $500,0002022: $500,0002023 · $487,5002023: $487,5002024 · $568,0002024: $568,0002025 · $556,5002025: $556,5002026 · $530,0002026: $530,00019902026

At a glance

1985built
1986lease from
12storeys
114dwelling units
$6,417/m²median $/m²
174resales since 1990

Unit mix (sold): 4-room ×114

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

4-Room$539,000$6,417/m² · 4 sales

Median monthly rent at this block: $3,600/mo (1 rental contracts, last 12 months).

Estimated gross rental yield: ~8.0% (Geylang average: ~6.4%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 58% of Geylang blocks with recent sales.

What the price model says

For a typical 4-room flat here, our price model estimates $525,003–$586,938 (central estimate $555,970). Recent sales — median $530,000 — 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

YearMedian (nominal)Median (today's $)Sales
1990$118,000$220,9091
1991$86,000$155,6475
1992$100,000$177,0135
1993$123,000$212,8508
1994$150,000$251,7836
1995$183,500$302,7924
1996$262,000$426,43813
1997$278,000$443,50910
1998$255,000$407,92510
1999$205,000$327,86222
2000$210,000$331,3888
2001$195,000$304,6314
2002$178,000$279,1665
2003$201,500$314,4884
2004$178,000$273,2425
2005$187,000$285,7063
2006$188,000$284,4853
2007$222,944$330,3924
2008$212,500$295,3182
2009$279,000$385,4693
2010$308,000$413,8299
2011$375,000$478,7093
2012$426,000$519,9935
2013$403,000$480,5591
2014$410,000$483,9022
2015$394,000$467,4622
2016$395,500$471,7382
2017$440,000$521,8061
2018$409,000$482,9252
2020$408,444$480,3742
2021$432,500$497,1534
2022$500,000$541,5405
2023$487,500$503,6572
2024$568,000$573,1295
2025$556,500$556,5002
2026$530,000$530,0002

Records

Record sale$620,000 (4-Room, 2024-04)
First recorded sale$118,000 (1990-08)
Busiest year1999 · 22 sales
10-year change (real)+12% (+1.2%/yr, 2016→2026)
Total transacted$47.0M across 174 sales

Recent resale transactions

MonthFlat typeStoreyAreaPrice
2026-064-Room07–0984 m²$530,000
2026-014-Room04–0684 m²$530,000
2025-084-Room04–0684 m²$548,000
2025-014-Room07–0984 m²$565,000
2024-094-Room07–0984 m²$578,000
2024-054-Room04–0684 m²$503,000
2024-044-Room07–09105 m²$620,000
2024-044-Room01–03104 m²$568,000
2024-014-Room01–0384 m²$500,000
2023-094-Room01–0390 m²$465,000
2023-084-Room01–03105 m²$510,000
2022-124-Room07–09105 m²$530,000
2022-124-Room04–06104 m²$500,000
2022-114-Room07–09105 m²$530,000
2022-094-Room10–1284 m²$490,000
2022-094-Room04–0684 m²$440,000
2021-124-Room10–1290 m²$458,000
2021-114-Room07–0984 m²$440,000
2021-114-Room01–0390 m²$425,000
2021-064-Room01–03104 m²$412,000

Ubi Avenue 1 blocks ranked by price

Showing the top 15 of 37 priced blocks.

More blocks on Ubi Avenue 1

Quick answers

How much does a flat at Blk 338 Ubi Avenue 1 cost?

The median resale price over the last 24 months is $539,000 (4 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 338 Ubi Avenue 1 fairly priced?

For a typical 4-room flat here, our price model estimates $525,003–$586,938 (central estimate $555,970). Recent sales — median $530,000 — sit within that range.

What is the rent at Blk 338 Ubi Avenue 1?

The median monthly rent is $3,600/mo over the last 12 months (1 contracts).

How old is Blk 338 Ubi Avenue 1?

The block was completed in 1985 and its 99-year lease runs from 1986.

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