Block 449 Bukit Panjang Ring Road

4 Room · 5 Room · Built 1997 · 70 years remaining lease MOP Cleared
Latest Sale
$563,000
Aug 2025 · 4 ROOM · #07-09
Median $/sqm
$4,361
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +38.1%
Median price change
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 70 years remaining 99 years
70 years 10 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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
Aug 2025 07 TO 09 4 ROOM 101 sqm $563,000 $5,574
Mar 2025 10 TO 12 5 ROOM 119 sqm $686,000 $5,765
Feb 2025 10 TO 12 5 ROOM 120 sqm $605,000 $5,042
Sep 2023 01 TO 03 4 ROOM 101 sqm $455,000 $4,505
May 2023 10 TO 12 4 ROOM 101 sqm $443,000 $4,386
Mar 2023 13 TO 15 4 ROOM 101 sqm $480,000 $4,752
Dec 2022 01 TO 03 4 ROOM 101 sqm $475,000 $4,703
Sep 2022 10 TO 12 5 ROOM 120 sqm $565,000 $4,708
Sep 2022 13 TO 15 5 ROOM 120 sqm $570,000 $4,750
Jan 2022 01 TO 03 4 ROOM 102 sqm $368,000 $3,608
Oct 2021 04 TO 06 4 ROOM 101 sqm $438,000 $4,337
Aug 2020 07 TO 09 5 ROOM 120 sqm $448,000 $3,733
Jul 2020 04 TO 06 4 ROOM 101 sqm $345,000 $3,416
Oct 2019 10 TO 12 5 ROOM 119 sqm $438,888 $3,688
Jan 2019 10 TO 12 5 ROOM 119 sqm $420,000 $3,529
Nov 2018 10 TO 12 5 ROOM 120 sqm $390,000 $3,250
Sep 2018 13 TO 15 4 ROOM 101 sqm $352,000 $3,485
Jun 2017 01 TO 03 4 ROOM 101 sqm $325,000 $3,218
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 449 Bukit Panjang Ring Road

Block 449 at Bukit Panjang Ring Road is a residential HDB block in Bukit Panjang, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $325,000 to $686,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $563,000 in 2025-08. The current median price per square metre is $4,361. Over the past five years, resale prices at this block have increased by approximately 38.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9126, with an annual lease decay rate of approximately 0.34%. 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 449 Bukit Panjang Ring Road worth?

The most recent resale transaction at Block 449 Bukit Panjang Ring Road was $563,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $4,361, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 449 Bukit Panjang Ring Road?

Block 449 Bukit Panjang Ring Road was built in 1997 and has approximately 70 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 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 449 Bukit Panjang Ring Road?

Block 449 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $325,000 to $686,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 449 Bukit Panjang Ring Road gone up or down?

Resale prices at Block 449 Bukit Panjang Ring Road have increased by approximately 38.1% over the past five years. The current median price is $445,500, with the most recent sale at $563,000 in 2025-08.

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