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Block 5 Changi Village Road

3 Room · 5 Room · Built 1981 · 53 years remaining lease · Updated Aug 2026 MOP Cleared

Block 5 Changi Village Road has 27 recorded HDB resale transactions since 2017. Latest sale: $303,888 (Aug 2026, 3 room, floors 01–03). Median $4,515/sqm. Prices up 20.7% over the past five years. Built 1981, 53 years lease remaining.

How this block compares

  • 3 Room$326,944
    −46.2%vs town(−$281k)−25.7%vs national(−$113k)

Median of resales in the 12 months to Sep 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$303,888
Aug 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$4,515
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +20.7%
Median price change
Median Price ?
Top 100%
#428 / 428 Top 100%
Latest Sale ?
Top 100%
#428 / 428 Top 100%
Value ($/sqm) ?
Top 62%
#264 / 428 Top 62%
5-Year Growth ?
Top 97%
#307 / 318 Top 97%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+3.8%/yr
vs
Lease Decay
−0.65%/yr
Growth assumption
Based on this block’s +20.7% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 53 years remaining 99 years
53 years 11 months
Remaining lease
↓ 0.65%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.65%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,000–$3,000 11% 5 rentals here
5-Room $3,550 typically $3,400–$3,800 5.8% Pasir Ris avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
All Transactions
Date Floor Type Area Price $/sqm
Aug 2026 01 TO 03 3 ROOM 66 sqm $303,888 $4,604
Jul 2026 04 TO 06 3 ROOM 66 sqm $350,000 $5,303
Dec 2025 04 TO 06 5 ROOM 132 sqm $740,000 $5,606
May 2025 04 TO 06 3 ROOM 74 sqm $495,000 $6,689
Apr 2025 01 TO 03 3 ROOM 76 sqm $438,000 $5,763
Feb 2025 01 TO 03 3 ROOM 66 sqm $355,000 $5,379
Jan 2024 01 TO 03 3 ROOM 66 sqm $353,000 $5,348
Nov 2023 01 TO 03 3 ROOM 66 sqm $343,800 $5,209
Jul 2023 01 TO 03 3 ROOM 66 sqm $340,000 $5,152
Mar 2023 04 TO 06 3 ROOM 66 sqm $350,000 $5,303
Aug 2022 04 TO 06 3 ROOM 66 sqm $325,183 $4,927
Jun 2021 04 TO 06 3 ROOM 66 sqm $298,000 $4,515
Apr 2021 01 TO 03 3 ROOM 66 sqm $305,000 $4,621
Mar 2021 01 TO 03 3 ROOM 66 sqm $285,000 $4,318
Mar 2021 01 TO 03 3 ROOM 66 sqm $290,000 $4,394
Jul 2020 04 TO 06 3 ROOM 66 sqm $277,000 $4,197
Mar 2020 04 TO 06 3 ROOM 66 sqm $270,800 $4,103
Dec 2019 04 TO 06 3 ROOM 66 sqm $280,000 $4,242
Oct 2019 01 TO 03 3 ROOM 66 sqm $180,000 $2,727
Aug 2018 04 TO 06 3 ROOM 66 sqm $220,000 $3,333
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 5 Changi Village Road

Block 5 Changi Village Road in Pasir Ris dates to 1981 and now has roughly 53 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 47% below the Pasir Ris median, cheaper than about 99% of the town's blocks. It has a regular flow of resale activity, with 27 transactions since 2017 across 3 room, 5 room flats priced from $180,000 to $740,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $303,888 in Aug 2026, and the median works out to $4,515/sqm. Over five years, prices here are up about 20.7%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 5 Changi Village Road worth?

The most recent resale transaction at Block 5 Changi Village Road was $303,888 for a 3 room flat in 2026-08. The median price per square metre across all flat types is $4,515, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 5 Changi Village Road?

Block 5 Changi Village Road was built in 1981 and has approximately 53 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.65%, meaning the leasehold value decreases by approximately 0.65% per year at the current remaining lease.

What flat types are available at Block 5 Changi Village Road?

Block 5 Changi Village Road in Pasir Ris contains 3 room, 5 room flats. Resale prices range from $180,000 to $740,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 5 Changi Village Road gone up or down?

Resale prices at Block 5 Changi Village Road have increased by approximately 20.7% over the past five years. The current median price is $303,888, with the most recent sale at $303,888 in 2026-08.

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