Block 238 Bukit Panjang Ring Road
Block 238 Bukit Panjang Ring Road has 17 recorded HDB resale transactions since 2017. Latest sale: $633,000 (Sep 2024, 5 room, floors 07–09). Median $3,525/sqm. Built 1988, 63 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Panjang average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,000 typically $2,900–$3,200 | 6.3% | Bukit Panjang avg · block too thin |
| 5-Room | $3,250 typically $3,100–$3,450 | 5.5% | Bukit Panjang avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 238 Bukit Panjang Ring Road in Bukit Panjang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Sep 2024 | 07 TO 09 | 5 ROOM | 122 sqm | $633,000 | $5,189 |
| Mar 2024 | 07 TO 09 | 5 ROOM | 122 sqm | $615,000 | $5,041 |
| Dec 2021 | 04 TO 06 | 5 ROOM | 122 sqm | $505,000 | $4,139 |
| Jun 2021 | 04 TO 06 | 5 ROOM | 122 sqm | $465,000 | $3,811 |
| May 2021 | 07 TO 09 | 5 ROOM | 122 sqm | $488,000 | $4,000 |
| Jan 2021 | 01 TO 03 | 5 ROOM | 122 sqm | $455,000 | $3,730 |
| Oct 2020 | 04 TO 06 | 5 ROOM | 122 sqm | $440,000 | $3,607 |
| Aug 2020 | 10 TO 12 | 4 ROOM | 104 sqm | $350,000 | $3,365 |
| Mar 2020 | 01 TO 03 | 4 ROOM | 104 sqm | $330,000 | $3,173 |
| Dec 2019 | 04 TO 06 | 4 ROOM | 108 sqm | $335,000 | $3,102 |
| Oct 2019 | 10 TO 12 | 4 ROOM | 108 sqm | $329,388 | $3,050 |
| Dec 2018 | 07 TO 09 | 4 ROOM | 104 sqm | $350,000 | $3,365 |
| Nov 2018 | 07 TO 09 | 5 ROOM | 122 sqm | $430,000 | $3,525 |
| Aug 2018 | 07 TO 09 | 5 ROOM | 122 sqm | $423,000 | $3,467 |
| Jan 2018 | 01 TO 03 | 5 ROOM | 122 sqm | $380,000 | $3,115 |
| Oct 2017 | 10 TO 12 | 5 ROOM | 122 sqm | $438,000 | $3,590 |
| Jul 2017 | 10 TO 12 | 4 ROOM | 104 sqm | $346,000 | $3,327 |
About Block 238 Bukit Panjang Ring Road
Block 238 Bukit Panjang Ring Road is an established HDB block in Bukit Panjang, built in 1988 with about 63 years remaining on its 99-year lease. Its median sits about 9% below the Bukit Panjang median, cheaper than about 73% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 4 room, 5 room flats priced from $329,388 to $633,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $633,000 in Sep 2024, and the median works out to $3,525/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8868, equivalent to roughly 0.45% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 238 Bukit Panjang Ring Road worth?
The most recent resale transaction at Block 238 Bukit Panjang Ring Road was $633,000 for a 5 room flat in 2024-09. The median price per square metre across all flat types is $3,525, based on 17 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 238 Bukit Panjang Ring Road?
Block 238 Bukit Panjang Ring Road was built in 1988 and has approximately 63 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.
What flat types are available at Block 238 Bukit Panjang Ring Road?
Block 238 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $329,388 to $633,000 based on historical transaction records from data.gov.sg.