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HDB · 370031

Blk 31 Balam Rd

Project page · 99-year lease from 1985

Indicative value range
S$604,804 – S$656,483
Indicative mid S$624,964 · S$6,793 psm

Based on 3 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Sept 2026Blk 3113 TO 1592 sqmS$688,000S$7,478 psm×1.000S$7,478 psm
Mar 2026Blk 3104 TO 0691 sqmS$620,000S$6,813 psm×0.997S$6,793 psm
Mar 2026Blk 3101 TO 0391 sqmS$580,000S$6,374 psm×0.997S$6,355 psm

How accurate is this estimate for Balam Rd?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 38 sales in Balam Rd since.

Median error
6.9%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

6.91% gross yield

S$43,200 of rent a year against the estimate above · 0.15 points below flats like it

Homes like this rent for about S$3,600 a month, the middle of 6 approvals in the last year.

Across Singapore, flats of this type with 50 to 59 years of lease left yield 7.06%, from 112 blocks. This town has too few such blocks to measure on its own.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Jul 2026274 ROOMS$3,800
Jul 2026294 ROOMS$3,700
Feb 2026284 ROOMS$3,800
Jan 2026274 ROOMS$3,500
Jan 2026284 ROOMS$2,500
Oct 2025284 ROOMS$2,000

median of 6 HDB rental approvals for 4 ROOM on Balam Rd since 2025-10.

Buying or selling at S$624,964?

Buying: Stamp duty on S$624,964 · Cash and CPF needed on S$624,964 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$624,964.

Each opens with this figure filled in; change anything there.

Primary schools near 31 Balam Rd

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Sept 2026
Blk 31 · 4 ROOM · 13 TO 15 · New Generation · 58 years left
92 sqmS$688,000S$7,478 psm
Mar 2026
Blk 31 · 4 ROOM · 01 TO 03 · New Generation · 58 years left
91 sqmS$580,000S$6,374 psm
Mar 2026
Blk 31 · 4 ROOM · 04 TO 06 · New Generation · 58 years left
91 sqmS$620,000S$6,813 psm
Nov 2024
Blk 31 · 4 ROOM · 13 TO 15 · New Generation · 60 years left
97 sqmS$700,000S$7,216 psm
Oct 2023
Blk 31 · 4 ROOM · 16 TO 18 · New Generation · 61 years left
92 sqmS$615,000S$6,685 psm
Aug 2023
Blk 31 · 4 ROOM · 01 TO 03 · New Generation · 61 years left
97 sqmS$535,000S$5,515 psm
Jul 2023
Blk 31 · 4 ROOM · 13 TO 15 · New Generation · 61 years left
106 sqmS$645,000S$6,085 psm
Jan 2023
Blk 31 · 4 ROOM · 10 TO 12 · New Generation · 61 years left
92 sqmS$588,000S$6,391 psm
See more

Showing 8 of 54.

Sale prices as filed in caveats.

Where the lease takes this

About 57 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years52 yearsS$596,588S$658,682S$713,365S$725,841
10 years47 yearsS$566,537S$690,605S$810,032S$838,613
20 years37 yearsS$498,047S$740,071S$1,018,165S$1,091,281

On a flat market the lease alone costs 20% over 20 years. Prices would need to rise about 1.14% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.