Blk 23 Balam Rd
Completed 1965 · 10 storeys · 120 flats · 39 years 11 months remaining · 33 resale transactions on record · median household income in Geylang: $7,500/mo (lowest quartile island-wide)
10 storeys · completed 1965
What the record shows
A 3-room here sold for $325,000 in Mar 2026. The same flat type in this block averaged $266,000 in 2020 - a gain of $59,000 - about $27 a day while the owner slept.
In this block, 3-room flats from floor 7 up have sold for a median of $310,000 - $33,500 more than floors 3 and below, same flat type, same block.
This block crossed 60 years remaining in 2006 - the line where CPF usage rules tighten for buyers. In Geylang over the last two years, flats below that line sold at a median 40% below their younger neighbours' PSF (919 sales).
Rent check
What flats in this block actually rented for in the last 12 months - official approvals, not listings. If you’re quoted much more, you have a number to negotiate with.
| Type | Block median | Range | Geylang median | Gross yield | Rented |
|---|---|---|---|---|---|
| 3-ROOM | $3,000/mo | $3,000–$3,000 | $2,800/mo | - | 1 |
Price trend
median PSF by year · ━ this block · ╌ Geylang · gaps = years with no sales here
Every recent sale HDB official record, latest 30
| Month | Type | Storey | Area (sqm) | Price | PSF | Lease left |
|---|---|---|---|---|---|---|
| Mar 2026 | 3 ROOM | 01 to 03 | 60.3 | $325,000 | $501 | 39y 11m |
| Jan 2026 | 3 ROOM | 07 to 09 | 60.3 | $302,000 | $465 | 40y 01m |
| Sept 2025 | 3 ROOM | 01 to 03 | 60.3 | $290,000 | $447 | 40y 04m |
| Aug 2025 | 3 ROOM | 07 to 09 | 60.3 | $323,800 | $499 | 40y 05m |
| Apr 2025 | 3 ROOM | 04 to 06 | 60.3 | $322,000 | $496 | 40y 11m |
| Mar 2025 | 3 ROOM | 07 to 09 | 60.3 | $335,000 | $516 | 40y 11m |
| Jan 2025 | 3 ROOM | 04 to 06 | 60.3 | $330,000 | $508 | 41y 02m |
| Jan 2025 | 3 ROOM | 07 to 09 | 60.3 | $345,000 | $532 | 41y 01m |
| Jan 2025 | 3 ROOM | 07 to 09 | 60.3 | $353,088 | $544 | 41y 01m |
| Jan 2025 | 3 ROOM | 04 to 06 | 60.3 | $305,000 | $470 | 41y 02m |
| Apr 2024 | 3 ROOM | 07 to 09 | 60.3 | $310,000 | $478 | 41y 10m |
| Dec 2023 | 3 ROOM | 04 to 06 | 60.3 | $300,000 | $462 | 42y 02m |
| Aug 2023 | 3 ROOM | 04 to 06 | 60.3 | $300,000 | $462 | 42y 06m |
| Jul 2023 | 3 ROOM | 07 to 09 | 60.3 | $310,000 | $478 | 42y 07m |
| Nov 2022 | 3 ROOM | 07 to 09 | 60.3 | $288,000 | $444 | 43y 03m |
| Sept 2022 | 3 ROOM | 01 to 03 | 60.3 | $263,000 | $405 | 43y 05m |
| Feb 2022 | 3 ROOM | 07 to 09 | 60.3 | $275,000 | $424 | 43y 11m |
| Oct 2021 | 3 ROOM | 07 to 09 | 60.3 | $285,000 | $439 | 44y 04m |
| Aug 2021 | 3 ROOM | 07 to 09 | 60.3 | $280,000 | $431 | 44y 06m |
| Jul 2021 | 3 ROOM | 01 to 03 | 60 | $260,000 | $403 | 44y 08m |
| Mar 2021 | 3 ROOM | 07 to 09 | 60.3 | $278,000 | $428 | 44y 11m |
| Dec 2020 | 3 ROOM | 04 to 06 | 60.3 | $218,000 | $336 | 45y 01m |
| Jun 2020 | 3 ROOM | 01 to 03 | 60 | $188,000 | $291 | 45y 08m |
| Mar 2020 | 3 ROOM | 07 to 09 | 60.3 | $218,000 | $336 | 45y 10m |
| May 2019 | 3 ROOM | 10 to 12 | 60.3 | $215,000 | $331 | 46y 08m |
| Apr 2019 | 3 ROOM | 07 to 09 | 60.3 | $240,000 | $370 | 46y 10m |
| Dec 2018 | 3 ROOM | 01 to 03 | 60 | $255,000 | $395 | 47y 02m |
| Dec 2018 | 3 ROOM | 04 to 06 | 60.3 | $215,000 | $331 | 47y 02m |
| Oct 2018 | 3 ROOM | 01 to 03 | 60.3 | $230,000 | $354 | 47y 03m |
| Jul 2018 | 3 ROOM | 04 to 06 | 60.3 | $240,000 | $370 | 47y 07m |
Who lives in Geylang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood
What sits around this address - distances computed from official OneMap and LTA records.
Around this block
The nearest blocks by actual distance - street names are postal artifacts, so true neighbours often sit on a different road. Price gaps are median-vs-median on the flat type both blocks actually trade.
built 1995 · 30 more lease years than this block
3-room median $5k below this block · 10 vs 10 sales
built 1995 · 30 more lease years than this block
3-room median $11k below this block · 5 vs 10 sales
3-room median within $5k of this block
built 1995 · 30 more lease years than this block
Condos nearby
The private premium, measured: the nearest condo trades at 3.7×this block’s PSF.
Grounded in this block’s own resale record, trend and lease - ask away.