Block 429 Bukit Panjang Ring Road
Block 429 Bukit Panjang Ring Road has 9 recorded HDB resale transactions since 2017. Latest sale: $688,000 (Jul 2025, 5 room, floors 16–18). Median $4,474/sqm. Prices up 41.5% over the past five years. Built 1989, 62 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 |
|---|---|---|---|
| 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 429 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 |
|---|---|---|---|---|---|
| Jul 2025 | 16 TO 18 | 5 ROOM | 133 sqm | $688,000 | $5,173 |
| Jul 2025 | 10 TO 12 | 5 ROOM | 122 sqm | $720,000 | $5,902 |
| May 2023 | 13 TO 15 | 5 ROOM | 122 sqm | $585,000 | $4,795 |
| Oct 2022 | 16 TO 18 | 5 ROOM | 122 sqm | $640,000 | $5,246 |
| Jul 2022 | 07 TO 09 | 5 ROOM | 133 sqm | $595,000 | $4,474 |
| Sep 2021 | 01 TO 03 | 5 ROOM | 122 sqm | $490,000 | $4,016 |
| Sep 2021 | 10 TO 12 | 5 ROOM | 122 sqm | $505,000 | $4,139 |
| Dec 2018 | 04 TO 06 | 5 ROOM | 122 sqm | $410,000 | $3,361 |
| Apr 2017 | 10 TO 12 | 5 ROOM | 122 sqm | $430,888 | $3,532 |
About Block 429 Bukit Panjang Ring Road
Resale prices at Block 429 Bukit Panjang Ring Road in Bukit Panjang have risen sharply, up about 41.5% over the past five years. Its median runs about 24% above the Bukit Panjang median, ahead of around 83% of the town's blocks. It has a relatively light resale record, with 9 transactions since 2017 across 5 room flats priced from $410,000 to $720,000. The most recent transaction was a 5 room flat on storeys 16 TO 18 at $688,000 in Jul 2025, and the median works out to $4,474/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8849, equivalent to roughly 0.46% 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 429 Bukit Panjang Ring Road worth?
The most recent resale transaction at Block 429 Bukit Panjang Ring Road was $688,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $4,474, based on 9 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 429 Bukit Panjang Ring Road?
Block 429 Bukit Panjang Ring Road was built in 1989 and has approximately 62 years and 10 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 429 Bukit Panjang Ring Road?
Block 429 Bukit Panjang Ring Road in Bukit Panjang contains 5 room flats. Resale prices range from $410,000 to $720,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 429 Bukit Panjang Ring Road gone up or down?
Resale prices at Block 429 Bukit Panjang Ring Road have increased by approximately 41.5% over the past five years. The current median price is $585,000, with the most recent sale at $688,000 in 2025-07.