How Much Is a Flat at Block 586 Pasir Ris St 53 Worth?

Executive · Built 1995 · 69 years 01 month remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$928,000

2025-11 · Executive

Median $/sqm

$5,342

Based on 11 txns

Total Txns

11

Since data available

5-Yr Trend

▲22.3%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

2.8 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Watch
0 yrs 69 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 69 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 11 total

Date Floor Type sqm Price $/sqm
2025-11 01 TO 03 Executive 148 $928,000 $6,270
2025-01 04 TO 06 Executive 146 $990,888 $6,787
2024-05 07 TO 09 Executive 146 $950,000 $6,507
2022-11 04 TO 06 Executive 148 $900,000 $6,081
2021-01 10 TO 12 Executive 147 $790,000 $5,374
2020-09 07 TO 09 Executive 145 $758,000 $5,228
2019-09 04 TO 06 Executive 146 $780,000 $5,342
2019-08 10 TO 12 Executive 146 $780,000 $5,342
2018-05 01 TO 03 Executive 145 $750,000 $5,172
2018-04 04 TO 06 Executive 148 $738,000 $4,986
2017-08 07 TO 09 Executive 146 $768,000 $5,260
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About Block 586 Pasir Ris St 53

Flats at Block 586 Pasir Ris St 53 have been selling at a median of $6,270/sqm over the last year, mainly executive flats at $928,000 median, with 1 transaction recorded.

The block is a 8-minute walk from Pasir Ris MRT Station (585m) and is near Elias Mall mall (94m, 2 min walk). It is also near Elias Park Primary School (407m, 5 min walk) and Park View Primary School (1276m, 16 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 586 Pasir Ris St 53?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

PASIR RIS MRT STATION 585m · 8 min

Nearby Schools

ELIAS PARK PRIMARY SCHOOL 407m · 5 min

Hawker Centres

Pasir Ris Central Hawker Centre 903m · 11 min

Shopping Malls

Elias Mall 997m · 12 min
Pasir Ris Mall 574m · 7 min

Parks

SG API API PK 904m · 11 min

Community Facilities

Pasir Ris Elias CC 864m · 11 min
Pasir Ris Library 583m · 7 min

Other Blocks on Pasir Ris St 53

Frequently Asked Questions

How much is a flat at Block 586 Pasir Ris St 53?

Based on 11 recorded transactions, the median resale price is $959,444. The most recent sale was $928,000 in 2025-11.

Median by flat type (last 24 months)

Flat Type Most Recent Median
Executive $959,444

What is my flat worth at Block 586?

The overall median resale price at Block 586 Pasir Ris St 53 is $959,444. Prices have risen 22.3% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 586?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 586 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 586?

Block 586 has recorded 11 resale transactions — roughly 0.5 sales per month over the past 24 months. The latest transaction closed in 2025-11.

What flat types are available at Block 586?

Block 586 Pasir Ris St 53 has Executive units.

How much can I unlock to upgrade if I sell my HDB at Block 586?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 586?

Block 586 was built in 1995 with a 99-year lease. It has approximately 69 years 01 month remaining.

Does Block 586's remaining lease affect its resale value?

At 68 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 586 Pasir Ris St 53?

Flats at Block 586 Pasir Ris St 53 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $959,444 excl. levy $19,769 to $21,269