Block 240 Bukit Panjang Ring Road
Block 240 Bukit Panjang Ring Road has 21 recorded HDB resale transactions since 2017. Latest sale: $518,000 (Mar 2026, 4 room, floors 04–06). Median $4,643/sqm. Built 1988, 61 years lease remaining.
How this block compares
- 4 Room$512,500−10.0%vs town(−$57k)−18.7%vs national(−$118k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
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 |
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 240 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 |
|---|---|---|---|---|---|
| Mar 2026 | 04 TO 06 | 4 ROOM | 84 sqm | $518,000 | $6,167 |
| Jan 2026 | 04 TO 06 | 4 ROOM | 104 sqm | $528,000 | $5,077 |
| Jan 2026 | 10 TO 12 | 4 ROOM | 84 sqm | $466,000 | $5,548 |
| Nov 2025 | 01 TO 03 | 4 ROOM | 104 sqm | $507,000 | $4,875 |
| Feb 2025 | 10 TO 12 | 4 ROOM | 84 sqm | $528,888 | $6,296 |
| Jul 2024 | 10 TO 12 | 4 ROOM | 84 sqm | $450,000 | $5,357 |
| Nov 2023 | 04 TO 06 | 4 ROOM | 84 sqm | $430,000 | $5,119 |
| Oct 2023 | 10 TO 12 | 4 ROOM | 84 sqm | $450,000 | $5,357 |
| Aug 2022 | 07 TO 09 | 4 ROOM | 84 sqm | $400,000 | $4,762 |
| May 2022 | 07 TO 09 | 4 ROOM | 84 sqm | $405,000 | $4,821 |
| Apr 2022 | 10 TO 12 | 4 ROOM | 104 sqm | $462,000 | $4,442 |
| Feb 2022 | 01 TO 03 | 4 ROOM | 84 sqm | $390,000 | $4,643 |
| Nov 2020 | 04 TO 06 | 4 ROOM | 84 sqm | $320,000 | $3,810 |
| Sep 2020 | 07 TO 09 | 4 ROOM | 84 sqm | $320,000 | $3,810 |
| Mar 2020 | 10 TO 12 | 4 ROOM | 84 sqm | $298,000 | $3,548 |
| Oct 2019 | 01 TO 03 | 4 ROOM | 84 sqm | $295,000 | $3,512 |
| Feb 2019 | 04 TO 06 | 4 ROOM | 84 sqm | $310,000 | $3,690 |
| Jan 2019 | 01 TO 03 | 4 ROOM | 84 sqm | $295,000 | $3,512 |
| Nov 2018 | 04 TO 06 | 4 ROOM | 84 sqm | $313,000 | $3,726 |
| Oct 2018 | 07 TO 09 | 4 ROOM | 84 sqm | $300,000 | $3,571 |
About Block 240 Bukit Panjang Ring Road
Block 240 Bukit Panjang Ring Road is an established HDB block in Bukit Panjang, built in 1988 with about 61 years remaining on its 99-year lease. Its median sits about 15% below the Bukit Panjang median, cheaper than about 79% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across 4 room flats priced from $295,000 to $528,888. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $518,000 in Mar 2026, and the median works out to $4,643/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 33% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8784, an annual lease decay of about 0.48%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 240 Bukit Panjang Ring Road worth?
The most recent resale transaction at Block 240 Bukit Panjang Ring Road was $518,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,643, based on 21 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 240 Bukit Panjang Ring Road?
Block 240 Bukit Panjang Ring Road was built in 1988 and has approximately 61 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.
What flat types are available at Block 240 Bukit Panjang Ring Road?
Block 240 Bukit Panjang Ring Road in Bukit Panjang contains 4 room flats. Resale prices range from $295,000 to $528,888 based on historical transaction records from data.gov.sg.