A five-room flat at 7 Pine Close in Mountbatten has set a new record price for a resale five-room HDB flat in Geylang. The 1,184 sq ft unit, which is between the 19th and 21st floors, transacted for $1.375 million ($1,161 psf) when the sale was lodged on Dec 30, 2025.
Previously, the record price for a five-room resale flat in Geylang was $1.31 million ($1,015 psf). This involved a 1,291 sq ft flat at 28 Cassia Crescent, a nearby block that is less than 200m away from 7 Pine Close.
However, the island-wide record for a resale five-room flat was lodged in July 2024. The 1,180 sq ft unit on the 45th floor at SkyOasis @ Dawson transacted for an eye-watering $1.73 million ($1,466 psf).
Turning back to 7 Pine Close, the lease on the 25-year old block started in June 2000, giving it a remaining lease of 73 years. The block comprises four- and five-room flats that range from 1,023 sq ft to 1,216 sq ft.
Based on HDB transaction data, this is the first time a unit at 7 Pine Close has changed hands for more than $1.3 million. There were five resale transactions at the block in 2025:
| Flat Type | Storey | Floor Area (sq ft) | Resale Price ($) | Sale Date |
| 5R | 19 – 21 | 1,184 | 1,375,000 | Dec 2025 |
| 5R | 4 – 6 | 1,195 | 1,120,000 | Oct 2025 |
| 5R | 4 – 6 | 1,216 | 1,150,000 | Aug 2025 |
| 5R | 1 – 3 | 1,216 | 1,080,000 | Aug 2025 |
| 5R | 10 – 12 | 1,184 | 1,125,000 | Feb 2025 |
Based on transaction data, it seems that some of the HDB blocks surrounding 7 Pine Close have begun to cross the $1 million threshold. The neighbouring block 11 just recorded its first million-dollar sale last June when a 1,216 sq ft five-room unit fetched $1.038 million ($853 psf).
Meanwhile, 5 Pine Close registered the sale of a 1,195 sq ft five-room flat, between the 10th to 12th floor, that was sold for $1.3 million ($1,088 psf) last September. The previous price high at that block was just over a million-dollars when a diffeent 1,195 five-room flat was sold for $1.068 million ($894 psf) in June 2024 – but this unit was located on a higher floor, between the 19th to 21st floors.
