Block 244 Bukit Panjang Ring Road

4 Room · 5 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$525,000
Jun 2025 · 4 ROOM · #01-03
Median $/sqm
$4,497
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
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Insufficient data
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 62 years remaining 99 years
62 years 7 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2025 01 TO 03 4 ROOM 104 sqm $525,000 $5,048
May 2025 04 TO 06 4 ROOM 104 sqm $528,888 $5,085
Oct 2024 07 TO 09 5 ROOM 122 sqm $615,000 $5,041
Jul 2024 01 TO 03 5 ROOM 122 sqm $599,000 $4,910
Dec 2023 07 TO 09 4 ROOM 104 sqm $502,800 $4,835
Dec 2023 04 TO 06 5 ROOM 128 sqm $610,000 $4,766
Nov 2023 04 TO 06 4 ROOM 104 sqm $480,000 $4,615
Aug 2023 10 TO 12 4 ROOM 104 sqm $490,000 $4,712
Jul 2023 07 TO 09 4 ROOM 104 sqm $475,000 $4,567
Jun 2023 01 TO 03 4 ROOM 104 sqm $428,000 $4,115
Sep 2022 07 TO 09 5 ROOM 122 sqm $540,000 $4,426
Dec 2020 01 TO 03 4 ROOM 108 sqm $370,000 $3,426
Nov 2020 01 TO 03 5 ROOM 122 sqm $418,000 $3,426
Mar 2020 01 TO 03 4 ROOM 104 sqm $312,000 $3,000
Jan 2019 10 TO 12 4 ROOM 104 sqm $350,000 $3,365
May 2018 07 TO 09 4 ROOM 108 sqm $328,888 $3,045
May 2017 04 TO 06 5 ROOM 122 sqm $425,000 $3,484
Feb 2017 04 TO 06 5 ROOM 122 sqm $400,000 $3,279
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 244 Bukit Panjang Ring Road

Block 244 at Bukit Panjang Ring Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $312,000 to $615,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $525,000 in 2025-06. The current median price per square metre is $4,497. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8839, with an annual lease decay rate of approximately 0.46%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 244 Bukit Panjang Ring Road worth?

The most recent resale transaction at Block 244 Bukit Panjang Ring Road was $525,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $4,497, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 244 Bukit Panjang Ring Road?

Block 244 Bukit Panjang Ring Road was built in 1988 and has approximately 62 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 244 Bukit Panjang Ring Road?

Block 244 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $312,000 to $615,000 based on historical transaction records from data.gov.sg.

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