# Pasir Ris One 5-Room Unit Sets New $1.15M Resale Record - **Source:** Stacked Homes - **Published:** 2026-08-25T09:07:37.000Z - **Author:** Sihan Chia - **Original:** https://stackedhomes.com/5-room-pasir-ris-dbss-flat-set-a-new-1-15m-record-167k-above-previous-high/ - **Topics:** HDB & Public Housing, Government & Policy, Transactions & Deals ## Featured rationale The $415,000 premium over Pasir Ris’s $735,000 median signals strong demand for scarce, newer DBSS flats and could encourage nearby owners to raise asking prices. ## AI summary A 1,129.8 sq ft five-room flat at Pasir Ris One sold for $1.15 million, setting Pasir Ris’s resale record at $1,018 psf. ## Original article A five-room unit at Pasir Ris One – a Design, Build and Sell Scheme (DBSS) project – has set a record-resale price for this type of flat in Pasir Ris. Situated at 530D Pasir Ris Drive 1, the 1,129.8 sq ft unit – which is located between the 10th to 12th floors – was sold for $1.15 million earlier this week. The sale price translates to $1,018 per sq ft (psf) on the floor area. This trumps the previous resale record for a five-room unit in Pasir Ris, which involved a similarly sized five-room unit in the same block at Pasir Ris One. That unit changed hands for $982,800 ($869 psf) when it was sold in June 2024. The latest record breaking sale at Pasir Ris One is also the first time that a resale unit at the DBSS project has transacted for at least $1 million, making it the first million-dollar unit in that development. This transaction comes a few days after a HDB terrace on Stirling Road also fetched over a million dollars when it was sold last week, setting a record in Queenstown for that type of property. Completed in 2015, the 447-unit Pasir Ris One is one of a handful of DBSS projects in Singapore. (Map: URA) Pasir Ris One is one of just 13 DBSS projects that came into existence, before the government scrapped this hybrid public-private housing scheme in 2011. The 447-unit development was jointly developed by Kay Lim, a local construction firm, and SingXpress Land, renamed SingHaiyi Group in 2013. We toured Pasir Ris One nearly five years ago, and you can read our comprehensive review of the development at the time: Pasir Ris ONE DBSS Review: A Fantastic Location With Obvious Flaws. Located along Pasir Ris Drive 1, the development is next to Pasir Ris MRT station on the East-West Line, and close to several familiar landmarks in the area such as White Sands shopping mall, Downtown East, and Pasir Ris Park. Pasir Ris One was completed in 2015 and the development has approximately 87 years left on its lease. The relatively long remaining tenure means that most buyers shouldn’t have to worry about the negative impact of lease decay, or that the age of the development will limit financing. Transaction data also suggests that resale prices for five-room flats in Pasir Ris One, especially within block 530D, have been climbing over the years. From a high of $930,800 in 2022, to $970,000 in late 2023, and then landing at $982,800 in 2024 before arriving at the latest $1.15 million price. Other Sales in Block 530D Pasir Ris Drive 1 Block | Street | Month | Storey | Size (sq ft) | Price 530D | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,130 | $1,150,000 530D | PASIR RIS DR 1 | 2024-06 | 10 TO 12 | 1,130 | $982,800 530D | PASIR RIS DR 1 | 2023-11 | 10 TO 12 | 1,130 | $980,000 530D | PASIR RIS DR 1 | 2023-12 | 07 TO 09 | 1,130 | $970,000 530D | PASIR RIS DR 1 | 2025-04 | 01 TO 03 | 1,130 | $959,138 530D | PASIR RIS DR 1 | 2022-11 | 04 TO 06 | 1,130 | $930,800 Compiled by Stacked However, there are relatively few five-room resale units at Pasir Ris One, compared to the other three- and four-unit configurations. As a result, it’s possible that one or more outlying transactions may skew the overall price trajectory. While the $1.15 million transaction has set a new price high for five-room units in that block, another sale that saw a similar unit (but on a lower floor) change hands for $920,000 this month as well. This indicates that the price range for resale five-room flats in Pasir Ris One is relatively wide, even for units within the same block. To put the record in context, here are the five highest five-room resale transactions in Pasir Ris on record. Top 5 Highest Five-Room Transactions in Pasir Ris Block | Street | Month | Storey | Size (sq ft) | Price 530D | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,130 | $1,150,000 530B | PASIR RIS DR 1 | 2026-04 | 10 TO 12 | 1,130 | $981,888 528B | PASIR RIS ST 51 | 2026-07 | 13 TO 15 | 1,216 | $975,000 530B | PASIR RIS DR 1 | 2026-01 | 13 TO 15 | 1,130 | $968,000 528B | PASIR RIS ST 51 | 2025-02 | 07 TO 09 | 1,216 | $965,000 Compiled by Stacked Resale data seems to suggest that the five-room units at Pasir Ris One are leading the pack in this neighbourhood. Three of the five highest five-room transactions in Pasir Ris are from Pasir Ris One, specifically from blocks 530B and 530D. Block 528B on Pasir Ris Street 51 accounts for the other two entries on this list, with its larger 1,216 sq ft size offering it a size advantage. We should point out that the transactions at Pasir Ris One are achieving prices of about $970,000, on the basis of the 1,130 sq ft five-room units. Meanwhile, the resale units along Pasir Ris Street 51 seem to be performing at similar or matching price levels despite being 86 sq ft larger. This suggests that, on a per-square-foot basis, the larger units in Pasir Ris One are capable of outperforming its closest competitors in this area. It is too early to tell if the $1.15 million sale will pull up valuations in neighbouring DBSS blocks, or if buyers will regard it as a one-off premium for a particularly desirable unit. There is also a chance that the owners of newer five-room flats in Pasir Ris may attempt to use the latest record transaction as a benchmark for their own selling purposes. But we would point out that older flats may not benefit as much because buyers would still be evaluating their decisions based on lease, age and other features. Most Recent Five-Room Transactions in Pasir Ris (August 2026) Block | Street | Month | Storey | Size (sq ft) | Price 530D | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,130 | $1,150,000 530D | PASIR RIS DR 1 | 2026-08 | 01 TO 03 | 1,130 | $920,000 567 | PASIR RIS ST 51 | 2026-08 | 10 TO 12 | 1,324 | $815,000 633 | PASIR RIS DR 3 | 2026-08 | 13 TO 15 | 1,302 | $785,000 638 | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,302 | $778,000 Compiled by Stacked When we take a look at the most recent transactions across Pasir Ris for five-room flats, the data illustrates just how sharply the DBSS blocks at Pasir Ris One are priced above the rest of the district. In this month alone, another unit at 530D on the first to third floors sold for $920,000. That is $105,000 above the next highest transaction in the month, a larger 1,324 sq ft unit at 567 Pasir Ris Street 51 that fetched $815,000. On the other hand, the three non-DBSS transactions this month ranged from $778,000 to $815,000, and are more broadly representative of where the five-room resale market in Pasir Ris sits. Overall, the 12-month median price for five-room resale flats across Pasir Ris is $735,000, based on 257 transactions lodged during that period. And this is based on prices ranging from $643,800 to the new record of $1.15 million. This also means that the record-setting unit is $415,000 above the district median price for this unit type. There are indicative signs that in the future, Pasir Ris could see an emerging two-tier resale market, where differentiated homes (such as the DBSS units at Pasir Ris One) trade at a substantial price premium over the broader five-room stock in that district. So, Why Have Prices Held Up At Pasir Ris One? It is worth taking a closer look at why this 1,130 sq ft unit achieved the area’s highest five-room psf price, despite not being the largest five-room flat in Pasir Ris. From what we can gather, this is likely due to a combination of factors such as the location, the relatively young age of the property, its tenure, and scarcity of DBSS flats since the scheme ended in 2011. Pasir Ris One is only about 11 years old, which is a highly attractive age for a residential development in an area like Pasir Ris where the five-room resale stock mostly consists of older flats with shorter remaining leases. Other factors such as renovation, facing, condition, urgency, negotiation dynamics and other unit-specific factors could have also contributed to the price. Additionally, the project benefits from several strong locational attributes, including its proximity to key amenities such as Pasir Ris Mall, Pasir Ris MRT station and the integrated transport hub. It is also close to Pasir Ris Central Hawker Centre and Pasir Ris Town Park, with established schools Casuarina and Elias Park Primary Schools and preschools within 1km. Aside from the headline sale, the housing market in Pasir Ris has gotten more interesting as it has shown how a shortage of comparable, newer resale residential units can fetch a premium within an otherwise much affordable housing market. ## Chinese translation > Translation model: openai_codex_cli ### Pasir Ris One 五房式单位创下 115 万新元转售新纪录 一套位于 530D Pasir Ris Drive 1 的 DBSS 五房式组屋于 2026 年 8 月以 1,150,000 新元成交，折合每平方英尺 1,018 新元，尽管并非顶层单位，仍创下 Pasir Ris 该户型的转售新纪录。 Pasir Ris One 这个设计、建造及销售计划（DBSS）项目的一套五房式单位，创下了 Pasir Ris 此类组屋的转售价格纪录。 该单位位于 530D Pasir Ris Drive 1，面积为 1,129.8 平方英尺，楼层位于第 10 至第 12 层之间，本周早些时候以 115 万新元售出。成交价折合按建筑面积计算每平方英尺 1,018 新元。 这超过了 Pasir Ris 五房式单位此前的转售纪录，该纪录涉及 Pasir Ris One 同一座组屋内一套面积相近的五房式单位。该单位于 2024 年 6 月售出时以 982,800 新元（每平方英尺 869 新元）易手。 Pasir Ris One 最新这笔破纪录交易也是该 DBSS 项目首次有转售单位以至少 100 万新元成交，使其成为该发展项目中的首个百万新元单位。 这笔交易发生在 Stirling Road 一间 HDB 排屋上周售出并同样取得超过 100 万新元价格几天之后，后者为 Queenstown 此类物业创下纪录。 Pasir Ris One 于 2015 年竣工，共有 447 个单位，是新加坡少数 DBSS 项目之一。（地图：URA） Pasir Ris One 是仅有的 13 个 DBSS 项目之一，在政府于 2011 年取消这一公私混合住房计划之前推出。这个拥有 447 个单位的发展项目由本地建筑公司 Kay Lim 与 SingXpress Land 联合开发，后者于 2013 年更名为 SingHaiyi Group。 我们大约五年前曾实地参观 Pasir Ris One，你可以阅读我们当时对该发展项目的全面评测：Pasir Ris ONE DBSS Review: A Fantastic Location With Obvious Flaws。 该发展项目位于 Pasir Ris Drive 1 沿线，毗邻东西线的 Pasir Ris 地铁站，并靠近该地区多个熟悉地标，例如 White Sands 购物中心、Downtown East 和 Pasir Ris Park。 Pasir Ris One 于 2015 年竣工，该发展项目剩余租期约为 87 年。相对较长的剩余年限意味着多数买家不应需要担心租约递减的负面影响，或发展项目楼龄会限制融资。 交易数据也显示，Pasir Ris One 五房式组屋的转售价格，尤其是 530D 座内的单位，多年来一直在攀升。从 2022 年的高点 930,800 新元，到 2023 年末的 970,000 新元，再到 2024 年达到 982,800 新元，最终来到最新的 115 万新元价格。 530D Pasir Ris Drive 1 的其他销售 座号 | 街道 | 月份 | 楼层 | 面积（平方英尺） | 价格 530D | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,130 | 1,150,000 新元 530D | PASIR RIS DR 1 | 2024-06 | 10 TO 12 | 1,130 | 982,800 新元 530D | PASIR RIS DR 1 | 2023-11 | 10 TO 12 | 1,130 | 980,000 新元 530D | PASIR RIS DR 1 | 2023-12 | 07 TO 09 | 1,130 | 970,000 新元 530D | PASIR RIS DR 1 | 2025-04 | 01 TO 03 | 1,130 | 959,138 新元 530D | PASIR RIS DR 1 | 2022-11 | 04 TO 06 | 1,130 | 930,800 新元 由 Stacked 整理 不过，与其他三房式和四房式单位配置相比，Pasir Ris One 的五房式转售单位相对较少。因此，一笔或多笔异常交易可能会扭曲整体价格走势。 虽然这笔 115 万新元交易为该座五房式单位创下新的价格高点，但本月也有另一笔销售，一套类似单位（但位于较低楼层）以 920,000 新元易手。这表明 Pasir Ris One 五房式转售组屋的价格区间相对较宽，即使是同一座组屋内的单位也是如此。 为了给这项纪录提供背景，以下是 Pasir Ris 有记录以来五笔最高的五房式转售交易。 Pasir Ris 五房式最高交易前 5 名 座号 | 街道 | 月份 | 楼层 | 面积（平方英尺） | 价格 530D | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,130 | 1,150,000 新元 530B | PASIR RIS DR 1 | 2026-04 | 10 TO 12 | 1,130 | 981,888 新元 528B | PASIR RIS ST 51 | 2026-07 | 13 TO 15 | 1,216 | 975,000 新元 530B | PASIR RIS DR 1 | 2026-01 | 13 TO 15 | 1,130 | 968,000 新元 528B | PASIR RIS ST 51 | 2025-02 | 07 TO 09 | 1,216 | 965,000 新元 由 Stacked 整理 转售数据似乎显示，Pasir Ris One 的五房式单位在这个邻里中处于领先位置。Pasir Ris 五笔最高五房式交易中有三笔来自 Pasir Ris One，具体来自 530B 和 530D 座。 Pasir Ris Street 51 上的 528B 座贡献了这份榜单中的另外两项，其较大的 1,216 平方英尺面积为其提供了面积优势。 我们应指出，Pasir Ris One 的交易基于 1,130 平方英尺的五房式单位，价格达到约 970,000 新元。与此同时，Pasir Ris Street 51 沿线的转售单位虽然大 86 平方英尺，但似乎表现出相似或相当的价格水平。 这表明，按每平方英尺计算，Pasir Ris One 的较大单位能够跑赢该地区最接近的竞争对手。现在判断这笔 115 万新元交易是否会带动邻近 DBSS 座的估值上升，或者买家是否会将其视为一个特别理想单位的一次性溢价，还为时过早。 Pasir Ris 较新五房式组屋的业主也有可能尝试将最新纪录交易作为自身出售时的定价基准。但我们要指出，较老组屋可能未必同样受益，因为买家仍会根据租期、楼龄和其他特征来评估决定。 Pasir Ris 最近五房式交易（2026 年 8 月） 座号 | 街道 | 月份 | 楼层 | 面积（平方英尺） | 价格 530D | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,130 | 1,150,000 新元 530D | PASIR RIS DR 1 | 2026-08 | 01 TO 03 | 1,130 | 920,000 新元 567 | PASIR RIS ST 51 | 2026-08 | 10 TO 12 | 1,324 | 815,000 新元 633 | PASIR RIS DR 3 | 2026-08 | 13 TO 15 | 1,302 | 785,000 新元 638 | PASIR RIS DR 1 | 2026-08 | 10 TO 12 | 1,302 | 778,000 新元 由 Stacked 整理 当我们查看 Pasir Ris 五房式组屋最近的整体交易时，数据说明 Pasir Ris One 的 DBSS 座与该区其他部分相比，定价高出多少。 仅在本月，530D 座另一套位于第 1 至第 3 层的单位就以 920,000 新元售出。这比当月第二高交易高出 105,000 新元，后者是位于 567 Pasir Ris Street 51、面积更大的 1,324 平方英尺单位，成交价为 815,000 新元。 另一方面，本月三笔非 DBSS 交易价格介于 778,000 新元至 815,000 新元之间，更广泛地代表了 Pasir Ris 五房式转售市场所处的水平。 总体而言，根据该期间登记的 257 笔交易，Pasir Ris 五房式转售组屋的 12 个月中位价为 735,000 新元。而这基于从 643,800 新元到新纪录 115 万新元不等的价格。 这也意味着，这套创纪录单位比该区此户型的中位价高出 415,000 新元。有迹象显示，未来 Pasir Ris 可能会出现一个新兴的双层转售市场，其中差异化住宅（例如 Pasir Ris One 的 DBSS 单位）相较该区更广泛的五房式存量以显著溢价交易。 那么，为什么 Pasir Ris One 的价格能保持坚挺？ 值得更仔细地看看，为什么这套 1,130 平方英尺单位尽管不是 Pasir Ris 面积最大的五房式组屋，却能取得该区最高的五房式每平方英尺价格。 据我们所能了解，这很可能是多个因素共同作用的结果，例如位置、物业相对较新的楼龄、租期，以及 DBSS 组屋自 2011 年计划结束以来的稀缺性。 Pasir Ris One 只有约 11 年楼龄，对于 Pasir Ris 这样的地区而言，这是住宅发展项目中非常有吸引力的楼龄，因为当地五房式转售存量大多由剩余租期较短的较老组屋组成。 其他因素，例如装修、朝向、状况、紧迫性、谈判动态和其他单位特定因素，也可能对价格有所贡献。此外，该项目受益于若干强劲的地段属性，包括靠近 Pasir Ris Mall、Pasir Ris 地铁站和综合交通枢纽等关键设施。 它也靠近 Pasir Ris Central Hawker Centre 和 Pasir Ris Town Park，1 公里范围内有成熟学校 Casuarina 和 Elias Park Primary Schools 以及学前教育机构。 除了这笔头条交易之外，Pasir Ris 住房市场也变得更有看点，因为它显示出，在一个原本更可负担的住房市场中，可比较且较新的转售住宅单位短缺，能够带来溢价。