Block 348 Ubi Ave 1
348 Ubi Ave 1, Singapore 400348
Block 348 Ubi Ave 1 is an HDB block in Geylang, completed in 1985, with 114 dwelling units. Across 179 resales on record, 4-Room flats have recently resold around S$520k (S$503 psf, 84 sqm). The lease has approximately 59 years remaining.
What are the key facts about Block 348 Ubi Ave 1?
Block 348 Ubi Ave 1 is an HDB block in Geylang, completed in 1985, with 114 dwelling units.
- Town
- Geylang
- Planning area
- Geylang
- Completed
- 1985
- Storeys
- 12
- Total units
- 114
- Flat model
- Simplified · Model A
- Market segment
- RCR
- Median resale
- S$520k
- Last transacted
- Feb 2026
- Remaining lease
- ≈ 59 years
What are resale prices at Block 348 Ubi Ave 1?
4-Room flats have recently resold around S$520k (S$503 psf), from 179 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 179 | S$520,000recent | 84 sqm | S$503 psf |
Live now: 5 flats listed for sale at this block (median asking S$520k) and 1 for rent — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Feb 2026.
What rent and yield does Block 348 Ubi Ave 1 get?
Flats at Block 348 Ubi Ave 1 have recently sublet for a median of S$3,300/mo, an indicative gross rental yield of about 7.6% (from 24 recent rental contracts).
Median rent
S$3,300/mo
24 recent contracts
Gross rental yield
7.6%
indicative, gross
Annual rent
S$39,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 24 | S$3,300/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 348 Ubi Ave 1?
Block 348 Ubi Ave 1 has 179 recorded resales; the most recent transacted at S$515,000 in Feb 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Feb 2026 | 4-Room | 01 TO 03 | 84 sqm | S$515,000 |
| Nov 2025 | 4-Room | 07 TO 09 | 84 sqm | S$599,000 |
| Aug 2025 | 4-Room | 01 TO 03 | 104 sqm | S$580,000 |
| Jan 2024 | 4-Room | 04 TO 06 | 84 sqm | S$520,000 |
| Jan 2024 | 4-Room | 10 TO 12 | 104 sqm | S$588,000 |
| Dec 2023 | 4-Room | 04 TO 06 | 84 sqm | S$455,000 |
| Sept 2023 | 4-Room | 04 TO 06 | 104 sqm | S$530,000 |
| Jun 2023 | 4-Room | 01 TO 03 | 104 sqm | S$540,000 |
| May 2023 | 4-Room | 07 TO 09 | 104 sqm | S$538,000 |
| Feb 2023 | 4-Room | 04 TO 06 | 84 sqm | S$435,000 |
| Jan 2023 | 4-Room | 10 TO 12 | 84 sqm | S$468,000 |
| Sept 2022 | 4-Room | 10 TO 12 | 84 sqm | S$455,000 |
What flat types are in Block 348 Ubi Ave 1?
Block 348 Ubi Ave 1 has 114 units, mostly 4-Room flats of the Simplified / Model A model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 348 Ubi Ave 1?
Block 348 Ubi Ave 1 is an HDB block in Geylang.
Block 348 Ubi Ave 1 is an HDB block located along Ubi Ave 1. The block is recorded as completed around 1985, with up to 12 storeys. It has an estimated 114 residential units based on the HDB property information dataset. Flat types in the block include 4-room units.
The address is Block 348 Ubi Ave 1, Singapore 400348. It is part of District 14, Geylang / Eunos, the Geylang planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Ubi MRT, approximately 449m away, around 7 minutes on foot. Nearby amenities include Singpost Centre for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 4A Eunos Crescent for food options, Jln Eunos Interim Pk for greenery and recreation, and Kampong Ubi Community Centre for community facilities.
How far is Block 348 Ubi Ave 1 from MRT and schools?
The nearest MRT/LRT to Block 348 Ubi Ave 1 is Ubi MRT, about 449 m away (~7 min walk). 2 schools are within 1 km, including 1 primary school.
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Manjusri Secondary SchoolSecondary schoolwithin 1 km198 m
- Maha Bodhi SchoolPrimary schoolwithin 1 km · P1 priority272 m
- Telok Kurau Primary SchoolPrimary school1.3 km
- Haig Girls' SchoolPrimary school1.6 km
- Tanjong Katong Secondary SchoolSecondary school2.0 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 348 Ubi Ave 1?
Buying a flat at Block 348 Ubi Ave 1 (~S$520k) needs about S$4,145/mo in income and S$1,952/mo in repayments, after S$10,200 stamp duty and a S$130k downpayment.
Illustrative, for a buyer at the recent median resale price (S$520k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$10,200
BSD, tiered
Downpayment (25%)
S$130k
cash + CPF
Monthly instalment
S$1,952/mo
25y @ 3.5%
Income required
S$4,145/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 348 Ubi Ave 1? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 348 Ubi Ave 1 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 348 Ubi Ave 1
How much does a 4-Room flat at Block 348 Ubi Ave 1 cost?⌄
4-Room flats at Block 348 Ubi Ave 1 have recently resold for a median of about S$520k (S$503 psf), from 179 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 348 Ubi Ave 1 worth buying given its remaining lease?⌄
Block 348 Ubi Ave 1 has about 59 years left on its 99-year lease (completed 1985). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 348 Ubi Ave 1?⌄
Gross rental yield at Block 348 Ubi Ave 1 is about 7.6%, based on a median subletting rent of about S$3,300/mo against a resale price of about S$520k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 348 Ubi Ave 1?⌄
For a flat at about S$520k on a 25-year HDB-style loan, you'd need roughly S$4,145/mo in household income, with repayments around S$1,952/mo after a S$130k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 348 Ubi Ave 1?⌄
The nearest MRT/LRT station to Block 348 Ubi Ave 1 is Ubi MRT, about 449 m away (~7 min walk).
Which primary schools are within 1 km of Block 348 Ubi Ave 1?⌄
Maha Bodhi School is within 1 km of Block 348 Ubi Ave 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.