Blk 23 Balam Road
About 23 Balam Rd
23 Balam Road is an HDB block in Geylang. It comprises 3 room units with the highest floor being 10. The block was completed in 1965 and the lease with HDB commenced in the year 1967. This leaves a remaining lease period of approximately 48 years 08 months.
Based on past transactions data, the unit floor size is 60sqm. The latest resale transaction was in Apr 2024 and the highest transacted price was recorded in Jul 2023 for a 3 room unit at $310,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 23, including Canossa Catholic Primary School and Saint Margaret's Primary School.
Public transportation is also convenient, with several MRT stations close to 23, including Tai Seng MRT Station (CC11), Mattar MRT Station (DT25) and Macpherson MRT Station (DT26). There are also 4 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $263,000 | $292,286 | $310,000 | 7 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,000 | $2,174 | $3,100 | 21 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 3 room units at 23 Balam Road.
- 3 room sales : Stable or no visible trend
- 3 room price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Balam Gardens. We will compare a total of 4 flat types (2 Room, 3 Room, 4 Room and 5 Room), across a total of 13 blocks within this HDB project/estate. Block 23 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 7 resale transactions in the last 3 years for units in block 23 Balam Road, with the latest one recorded in Apr 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Apr 2024 | $310,000 | $5,167 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 07 to 09 | 60 sqm | Standard | 1967 |
| Dec 2023 | $300,000 | $5,000 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 04 to 06 | 60 sqm | Standard | 1967 |
| Aug 2023 | $300,000 | $5,000 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 04 to 06 | 60 sqm | Standard | 1967 |
| Jul 2023 | $310,000 | $5,167 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 07 to 09 | 60 sqm | Standard | 1967 |
| Nov 2022 | $288,000 | $4,800 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 07 to 09 | 60 sqm | Standard | 1967 |
| Sep 2022 | $263,000 | $4,383 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 01 to 03 | 60 sqm | Standard | 1967 |
| Feb 2022 | $275,000 | $4,583 | 3 Room | Blk 23 Balam Road 3 Room / 60 sqm | 07 to 09 | 60 sqm | Standard | 1967 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room units at 23 Balam Road.
- 3 room rental : Trending down
- 3 room rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Balam Gardens. We will compare a total of 4 flat types (2 Room, 3 Room, 4 Room and 5 Room), across a total of 13 blocks within this HDB project/estate. Block 23 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
Rental transaction details and prices
There were a total of 21 rental transactions in the last 3 years for units in block 23 Balam Road. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $2,500 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Sep 2024 | $2,800 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Aug 2024 | $1,800 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Jul 2024 | $2,200 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| May 2024 | $3,000 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| May 2024 | $1,000 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Apr 2024 | $3,000 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Jan 2024 | $2,800 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Jan 2024 | $1,700 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Aug 2023 | $2,200 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Jun 2023 | $2,700 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| May 2023 | $3,100 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Feb 2023 | $2,300 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Feb 2023 | $1,750 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Jan 2023 | $1,800 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Aug 2022 | $1,800 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Apr 2022 | $2,500 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Apr 2022 | $1,600 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Feb 2022 | $1,700 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Feb 2022 | $1,750 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
| Jan 2022 | $1,650 | 3 Room | Blk 23 Balam Road 3 Room | Geylang |
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Property information for 23 Balam Road
| Block | : | 23 |
| Street | : | Balam Road |
| Building | : | Balam Gardens |
| Postal code | : | 370023 |
| Town | : | Geylang |
| Recorded transactions floor area | : | 60 sqm |
| Recorded transactions flat types | : | 3 Room |
| Recorded transactions flat models | : | Standard |
| Lease commencement | : | 1967 |
| Year completed | : | 1965 |
| Max. Floor | : | 10 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
