Blk 338 Ubi Ave 1 is an HDB block in Geylang (completed in 1985, 12 storeys, 114 units). As of Jul 2026, its median resale price over the last 24 months is $548,000, about 8% above the Geylang median, from 5 sales. 174 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Geylang |
|---|---|
| Completed | 1985 |
| Lease from | 1986 |
| Storeys | 12 |
| Dwelling units | 114 |
| Unit mix (sold) | 4-room ×114 |
| Recorded resales | 174 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $548,000 | $6,524/m² | 5 |
Median monthly rent at this block: $3,600/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~7.9% (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 52% of Geylang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $523,643–$585,771 (central estimate $554,707). 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.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $118,000 | $220,909 | 1 |
| 1991 | $86,000 | $155,647 | 5 |
| 1992 | $100,000 | $177,013 | 5 |
| 1993 | $123,000 | $212,850 | 8 |
| 1994 | $150,000 | $251,783 | 6 |
| 1995 | $183,500 | $302,792 | 4 |
| 1996 | $262,000 | $426,438 | 13 |
| 1997 | $278,000 | $443,509 | 10 |
| 1998 | $255,000 | $407,925 | 10 |
| 1999 | $205,000 | $327,862 | 22 |
| 2000 | $210,000 | $331,388 | 8 |
| 2001 | $195,000 | $304,631 | 4 |
| 2002 | $178,000 | $279,166 | 5 |
| 2003 | $201,500 | $314,488 | 4 |
| 2004 | $178,000 | $273,242 | 5 |
| 2005 | $187,000 | $285,706 | 3 |
| 2006 | $188,000 | $284,485 | 3 |
| 2007 | $222,944 | $330,392 | 4 |
| 2008 | $212,500 | $295,318 | 2 |
| 2009 | $279,000 | $385,469 | 3 |
| 2010 | $308,000 | $413,829 | 9 |
| 2011 | $375,000 | $478,709 | 3 |
| 2012 | $426,000 | $519,993 | 5 |
| 2013 | $403,000 | $480,559 | 1 |
| 2014 | $410,000 | $483,902 | 2 |
| 2015 | $394,000 | $467,462 | 2 |
| 2016 | $395,500 | $471,738 | 2 |
| 2017 | $440,000 | $521,806 | 1 |
| 2018 | $409,000 | $482,925 | 2 |
| 2020 | $408,444 | $480,374 | 2 |
| 2021 | $432,500 | $497,153 | 4 |
| 2022 | $500,000 | $541,540 | 5 |
| 2023 | $487,500 | $503,657 | 2 |
| 2024 | $568,000 | $573,129 | 5 |
| 2025 | $556,500 | $556,500 | 2 |
| 2026 | $530,000 | $530,000 | 2 |
| Record sale | $620,000 (4-Room, 2024-04) |
|---|---|
| First recorded sale | $118,000 (1990-08) |
| Busiest year | 1999 · 22 sales |
| 10-year change (real) | +12% (+1.2%/yr, 2016→2026) |
| Total transacted | $47.0M across 174 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 4-Room | 07 TO 09 | 84 | $530,000 |
| 2026-01 | 4-Room | 04 TO 06 | 84 | $530,000 |
| 2025-08 | 4-Room | 04 TO 06 | 84 | $548,000 |
| 2025-01 | 4-Room | 07 TO 09 | 84 | $565,000 |
| 2024-09 | 4-Room | 07 TO 09 | 84 | $578,000 |
| 2024-05 | 4-Room | 04 TO 06 | 84 | $503,000 |
| 2024-04 | 4-Room | 01 TO 03 | 104 | $568,000 |
| 2024-04 | 4-Room | 07 TO 09 | 105 | $620,000 |
| 2024-01 | 4-Room | 01 TO 03 | 84 | $500,000 |
| 2023-09 | 4-Room | 01 TO 03 | 90 | $465,000 |
| 2023-08 | 4-Room | 01 TO 03 | 105 | $510,000 |
| 2022-12 | 4-Room | 04 TO 06 | 104 | $500,000 |
| 2022-12 | 4-Room | 07 TO 09 | 105 | $530,000 |
| 2022-11 | 4-Room | 07 TO 09 | 105 | $530,000 |
| 2022-09 | 4-Room | 04 TO 06 | 84 | $440,000 |
| 2022-09 | 4-Room | 10 TO 12 | 84 | $490,000 |
| 2021-12 | 4-Room | 10 TO 12 | 90 | $458,000 |
| 2021-11 | 4-Room | 01 TO 03 | 90 | $425,000 |
| 2021-11 | 4-Room | 07 TO 09 | 84 | $440,000 |
| 2021-06 | 4-Room | 01 TO 03 | 104 | $412,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 326 | $956,500 | $6,551/m² |
| 2. Blk 334 | $950,000 | $6,507/m² |
| 3. Blk 333 | $938,000 | $6,425/m² |
| 4. Blk 352 | $712,500 | $5,943/m² |
| 5. Blk 340 | $701,500 | $5,798/m² |
| 6. Blk 315 | $645,000 | $6,348/m² |
| 7. Blk 322 | $645,000 | $6,338/m² |
| 8. Blk 318 | $628,000 | $6,444/m² |
| 9. Blk 311 | $611,950 | $7,285/m² |
| 10. Blk 313 | $610,000 | $6,541/m² |
| 11. Blk 341 | $604,000 | $6,524/m² |
| 12. Blk 339 | $600,000 | $6,255/m² |
| 13. Blk 336 | $594,944 | $6,112/m² |
| 14. Blk 337 | $590,000 | $4,646/m² |
| 15. Blk 314 | $581,888 | $6,538/m² |
Showing the top 15 of 38 blocks.
The median resale price over the last 24 months is $548,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $523,643–$585,771 (central estimate $554,707). Recent sales — median $530,000 — sit within that range.
The median monthly rent is $3,600/mo over the last 12 months (1 contracts).
The block was completed in 1985 and its 99-year lease runs from 1986.