Blk 348 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 $580,000, about 15% above the Geylang median, from 3 sales. 179 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 | 179 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $580,000 | $6,131/m² | 3 |
Median monthly rent at this block: $3,500/mo (9 rental contracts, last 12 months).
Estimated gross rental yield: ~7.2% (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 75% of Geylang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $519,268–$580,877 (central estimate $550,073). Recent sales — median $537,959 — 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 | $89,350 | $167,273 | 4 |
| 1991 | $86,000 | $155,647 | 9 |
| 1992 | $101,000 | $178,784 | 3 |
| 1993 | $125,000 | $216,311 | 7 |
| 1994 | $147,250 | $247,167 | 6 |
| 1995 | $206,500 | $340,744 | 10 |
| 1996 | $275,000 | $447,597 | 17 |
| 1997 | $260,000 | $414,792 | 9 |
| 1998 | $258,000 | $412,724 | 15 |
| 1999 | $201,750 | $322,664 | 18 |
| 2000 | $245,000 | $386,620 | 3 |
| 2001 | $205,500 | $321,034 | 4 |
| 2002 | $180,000 | $282,303 | 3 |
| 2003 | $207,000 | $323,072 | 3 |
| 2004 | $185,000 | $283,987 | 4 |
| 2005 | $169,000 | $258,205 | 5 |
| 2006 | $196,250 | $296,969 | 2 |
| 2007 | $210,500 | $311,950 | 2 |
| 2008 | $285,000 | $396,074 | 3 |
| 2009 | $275,500 | $380,633 | 5 |
| 2010 | $295,000 | $396,362 | 3 |
| 2011 | $369,500 | $471,688 | 4 |
| 2012 | $380,500 | $464,454 | 2 |
| 2013 | $402,000 | $479,366 | 2 |
| 2014 | $418,000 | $493,344 | 3 |
| 2015 | $356,000 | $422,377 | 2 |
| 2016 | $365,000 | $435,359 | 3 |
| 2017 | $366,500 | $434,640 | 6 |
| 2018 | $336,000 | $396,731 | 2 |
| 2019 | $388,000 | $455,544 | 2 |
| 2020 | $320,000 | $376,355 | 1 |
| 2021 | $450,944 | $518,354 | 4 |
| 2022 | $446,944 | $484,076 | 2 |
| 2023 | $499,000 | $515,539 | 6 |
| 2024 | $554,000 | $559,003 | 2 |
| 2025 | $589,500 | $589,500 | 2 |
| 2026 | $515,000 | $515,000 | 1 |
| Record sale | $599,000 (4-Room, 2025-11) |
|---|---|
| First recorded sale | $86,000 (1990-09) |
| Busiest year | 1999 · 18 sales |
| 10-year change (real) | +18% (+1.7%/yr, 2016→2026) |
| Total transacted | $47.1M across 179 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-02 | 4-Room | 01 TO 03 | 84 | $515,000 |
| 2025-11 | 4-Room | 07 TO 09 | 84 | $599,000 |
| 2025-08 | 4-Room | 01 TO 03 | 104 | $580,000 |
| 2024-01 | 4-Room | 04 TO 06 | 84 | $520,000 |
| 2024-01 | 4-Room | 10 TO 12 | 104 | $588,000 |
| 2023-12 | 4-Room | 04 TO 06 | 84 | $455,000 |
| 2023-09 | 4-Room | 04 TO 06 | 104 | $530,000 |
| 2023-06 | 4-Room | 01 TO 03 | 104 | $540,000 |
| 2023-05 | 4-Room | 07 TO 09 | 104 | $538,000 |
| 2023-02 | 4-Room | 04 TO 06 | 84 | $435,000 |
| 2023-01 | 4-Room | 10 TO 12 | 84 | $468,000 |
| 2022-09 | 4-Room | 10 TO 12 | 84 | $455,000 |
| 2022-01 | 4-Room | 07 TO 09 | 84 | $438,888 |
| 2021-11 | 4-Room | 07 TO 09 | 104 | $501,888 |
| 2021-09 | 4-Room | 04 TO 06 | 104 | $468,000 |
| 2021-05 | 4-Room | 10 TO 12 | 84 | $420,000 |
| 2021-04 | 4-Room | 07 TO 09 | 104 | $433,888 |
| 2020-10 | 4-Room | 07 TO 09 | 84 | $320,000 |
| 2019-11 | 4-Room | 07 TO 09 | 84 | $351,000 |
| 2019-10 | 4-Room | 10 TO 12 | 104 | $425,000 |
| 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 $580,000 (3 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 $519,268–$580,877 (central estimate $550,073). Recent sales — median $537,959 — sit within that range.
The median monthly rent is $3,500/mo over the last 12 months (9 contracts).
The block was completed in 1985 and its 99-year lease runs from 1986.