Block 241 Bukit Panjang Ring Road
Block 241 Bukit Panjang Ring Road has 15 recorded HDB resale transactions since 2017. Latest sale: $600,000 (Feb 2026, 5 room, floors 04–06). Median $4,508/sqm. Built 1988, 61 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 241 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 |
|---|---|---|---|---|---|
| Feb 2026 | 04 TO 06 | 5 ROOM | 122 sqm | $600,000 | $4,918 |
| Jul 2025 | 10 TO 12 | 5 ROOM | 122 sqm | $690,000 | $5,656 |
| Dec 2024 | 01 TO 03 | 4 ROOM | 108 sqm | $520,000 | $4,815 |
| Jul 2024 | 04 TO 06 | 5 ROOM | 122 sqm | $610,000 | $5,000 |
| Jul 2024 | 07 TO 09 | 5 ROOM | 122 sqm | $688,000 | $5,639 |
| Apr 2023 | 04 TO 06 | 4 ROOM | 104 sqm | $480,000 | $4,615 |
| Apr 2023 | 10 TO 12 | 4 ROOM | 108 sqm | $488,888 | $4,527 |
| Feb 2023 | 01 TO 03 | 5 ROOM | 122 sqm | $550,000 | $4,508 |
| May 2021 | 01 TO 03 | 4 ROOM | 104 sqm | $375,000 | $3,606 |
| Dec 2020 | 01 TO 03 | 5 ROOM | 122 sqm | $443,000 | $3,631 |
| Dec 2020 | 07 TO 09 | 5 ROOM | 122 sqm | $480,000 | $3,934 |
| Aug 2020 | 07 TO 09 | 4 ROOM | 104 sqm | $355,000 | $3,413 |
| Jun 2020 | 04 TO 06 | 5 ROOM | 122 sqm | $420,000 | $3,443 |
| Jul 2018 | 04 TO 06 | 4 ROOM | 108 sqm | $330,000 | $3,056 |
| Jun 2018 | 07 TO 09 | 5 ROOM | 122 sqm | $425,000 | $3,484 |
About Block 241 Bukit Panjang Ring Road
Block 241 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. At $480,000, its median sits roughly in line with the Bukit Panjang town median. It has a relatively light resale record, with 15 transactions since 2017 across 4 room, 5 room flats priced from $330,000 to $690,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $600,000 in Feb 2026, and the median works out to $4,508/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8794, equivalent to roughly 0.48% 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 241 Bukit Panjang Ring Road worth?
The most recent resale transaction at Block 241 Bukit Panjang Ring Road was $600,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $4,508, based on 15 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 241 Bukit Panjang Ring Road?
Block 241 Bukit Panjang Ring Road was built in 1988 and has approximately 61 years and 6 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 241 Bukit Panjang Ring Road?
Block 241 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $330,000 to $690,000 based on historical transaction records from data.gov.sg.