218 Pasir Ris Street 21 HDB Price Trends: Key Insights
Block 218 Pasir Ris Street 21 features Executive HDB flats with recent resale prices ranging from S$618,000 to S$850,000 over the past 24 months, showing steady appreciation in Pasir Ris.[1][7] The latest transaction in Sep 2025 sold for S$850,000 at approximately S$5,705 psf for a 149 sqm unit on mid-floors with 66 years lease remaining.[1] Homejourney provides verified data to help you navigate 218 Pasir Ris Street 21 HDB Price Trends and Market Analysis safely.
This cluster article dives into specific price movements and factors influencing values at this block, building on our main 218 Pasir Ris Street 21 HDB Guide.218 Pasir Ris Street 21 HDB Guide: Prices, Amenities, Pasir Ris | Homejourney Pasir Ris remains family-friendly with strong demand for larger HDB flats like Executives, driven by proximity to amenities and MRT.
Recent Resale Transactions at 218 Pasir Ris Street 21
Executive flats dominate Block 218, a 99-year lease development built in the 1990s with 44 units.[2][7] Key sales data:
- Sep 2025: S$850,000 (149 sqm, floors 4-6, 66 years lease) – S$5,705 psf.[1]
- Aug 2021: S$618,000 – S$4,204 psf, indicating ~35% price growth over 4 years.[1]
- Historical low: S$305,000 in Jun 2007 for a larger 1593 sqft unit.[4]
Prices per sqm have risen from S$191 to S$508 recently, reflecting Pasir Ris HDB resale market strength.[2] Factors like floor level, orientation (avoiding west sun), and renovations boost values by 10-15%.[1][2] Always check HDB's resale portal for latest verified transactions.
Price Comparison: Pasir Ris Street 21 vs Nearby Blocks
On Pasir Ris Street 21, Executive flats average higher than 4-room (S$574K-S$631K) and 5-room (S$688K-S$788K) in nearby blocks like 275, 216, and 213.[3] Block 218 commands premiums due to its Executive size (130-145 sqm) and location near Pasir Ris East MRT (3-min walk).[2]
| Flat Type (Street 21 Avg) | Low-High Resale | Block 218 Specific |
|---|---|---|
| Executive | S$850K-S$1.1M[3] | S$850K (2025)[1] |
| 5-Room | S$688K-S$788K[3] | N/A at 218 |
| 4-Room | S$574K-S$631K[3] | Past: S$387K (2017)[2] |
Note: Prices fluctuate; use Homejourney's property search for live listings near 218 Pasir Ris Street 21.
Rental Market Trends for 218 Pasir Ris Street 21 HDB
Rentals for Executive flats at Block 218 range S$3,800-S$4,000 monthly, with Jul 2025 at S$3,800 and May 2024 at S$4,000.[1][3] Street 21 averages align: Executives S$3,100-S$4,300 across blocks like 249 and 251.[3] High demand from expat families near White Sands Mall and Pasir Ris Park supports yields of 4-5% gross.
Insider tip: Post-MOP (5 years), whole-flat renting is allowed under HDB rules, but check Ethnic Integration Policy (EIP) quotas. PR tenants face SPR limits.
Factors Driving 218 Pasir Ris Street 21 Price Trends
Location perks fuel growth: 3-min walk to Pasir Ris East MRT (EW1), buses to CBD (40 mins), Tampines (15 mins), Changi Airport (20 mins via ECP).[2] Nearby: White Sands Shopping Mall (supermarkets, eateries), Pasir Ris Polyclinic, Loyang Primary (1km for Phase 2A priority).
- Lease decay: 66 years remaining impacts CPF usage (full for >20 years) and bank LTV (up to 75%).[1]
- Upgrades: Check HIP status via HDB; renovated units fetch 5-10% more.
- Market context: Pasir Ris HDB prices up 10-15% yearly, outperforming older east towns.[3]
Compare to similar: Like Tampines investments, Pasir Ris offers family appeal.409 Tampines St 41 HDB Investment: Growth Potential | Homejourney
Actionable Steps for Buyers & Investors
- Verify prices: Use Homejourney's verified listings – browse HDB flats at 218 Pasir Ris Street 21.
- Assess affordability: HDB loan ceiling $14K household income; try Homejourney mortgage calculator.
- Evaluate unit: Prioritize high floors (better views/breeze), north-south facing. Factor COV (S$20K-S$50K typical).
- Check eligibility: Resale levy for second-timers; grants up to S$80K. Consult HDB for EIP/SPR.
- Timeline: OTP to key collection: 8-12 weeks. Engage agent via Homejourney specialists.
Disclaimer: Prices are historical (as of 2025); consult HDB/URA for updates. Homejourney verifies data for your safety.
Pasir Ris Street 21 HDB Market Outlook
With cooling measures stable and EC supply low, resale Executive flats like 218 Pasir Ris Street 21 hold value. Expect 5-8% annual growth if lease >60 years, per east region trends. Families prioritize schools (e.g., Pasir Ris Primary) and parks. For maintenance, see Homejourney aircon services post-purchase.Aircon Services
FAQ: 218 Pasir Ris Street 21 HDB Price Trends
What is the latest resale price for 218 Pasir Ris Street 21?
S$850,000 in Sep 2025 for an Executive flat (149 sqm).[1]
How do prices at Block 218 compare to Pasir Ris Street 21 averages?
Higher for Executives (up to S$850K) vs 4-room S$631K max nearby.[1][3]
Are rentals good at 218 Pasir Ris Street 21?
Yes, S$3,800-S$4,000/month for Executives, yielding 4-5%.[1][3]
What affects HDB resale prices here?
Floor, lease (66 years), MRT proximity, renovations.[1][2]
Is 218 Pasir Ris Street 21 good for families?
Excellent: Near MRT, malls, schools, parks. Check MOP and grants via HDB.
Ready to explore? Search 218 Pasir Ris Street 21 HDB flats on Homejourney today. Trust Homejourney for transparent, verified Singapore HDB insights – your safe path to Pasir Ris property ownership. Link back to our full Pasir Ris Street 21 guide.
