Block 245 Bukit Panjang Ring Road
Block 245 Bukit Panjang Ring Road has 3 recorded HDB resale transactions since 2017. Latest sale: $605,000 (Apr 2024, 5 room, floors 01–03). Median $3,279/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 245 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 |
|---|---|---|---|---|---|
| Apr 2024 | 01 TO 03 | 5 ROOM | 122 sqm | $605,000 | $4,959 |
| Oct 2019 | 04 TO 06 | 4 ROOM | 104 sqm | $338,000 | $3,250 |
| May 2018 | 04 TO 06 | 5 ROOM | 122 sqm | $400,000 | $3,279 |
About Block 245 Bukit Panjang Ring Road
Block 245 Bukit Panjang Ring Road in Bukit Panjang has a thin resale history, with just 3 recorded transactions since 2017, so prices here move on very few data points. Recorded sales span 4 room, 5 room flats from $338,000 to $605,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $605,000 in Apr 2024, and the median works out to $3,279/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8884, equivalent to roughly 0.44% 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 245 Bukit Panjang Ring Road worth?
The most recent resale transaction at Block 245 Bukit Panjang Ring Road was $605,000 for a 5 room flat in 2024-04. The median price per square metre across all flat types is $3,279, based on 3 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 245 Bukit Panjang Ring Road?
Block 245 Bukit Panjang Ring Road was built in 1988 and has approximately 63 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.
What flat types are available at Block 245 Bukit Panjang Ring Road?
Block 245 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $338,000 to $605,000 based on historical transaction records from data.gov.sg.