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Block 244 Bukit Panjang Ring Road

4 Room · 5 Room · Built 1988 · 62 years remaining lease · Updated Jun 2025 MOP Cleared

Block 244 Bukit Panjang Ring Road has 18 recorded HDB resale transactions since 2017. Latest sale: $525,000 (Jun 2025, 4 room, floors 01–03). Median $4,497/sqm. Built 1988, 62 years lease remaining.

Latest Sale
$525,000
Jun 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$4,497
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 47%
#157 / 335 Top 47%
Latest Sale ?
Top 74%
#247 / 335 Top 74%
Value ($/sqm) ?
Top 58%
#194 / 335 Top 58%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

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
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 244 Bukit Panjang Ring Road in Bukit Panjang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Panjang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Bukit Panjang Ring Road is an established HDB block in Bukit Panjang, built in 1988 with about 62 years remaining on its 99-year lease. Its $477,500 median tracks close to the Bukit Panjang town median. It has a relatively light resale record, with 18 transactions since 2017 across 4 room, 5 room flats priced from $312,000 to $615,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $525,000 in Jun 2025, and the median works out to $4,497/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 19% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8839, an annual lease decay of about 0.46%. All transaction data is sourced from data.gov.sg and 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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