Block 541 Bukit Panjang Ring Road

4 Room · 5 Room · Built 1999 · 73 years remaining lease MOP Cleared
Latest Sale
$593,888
Nov 2024 · 4 ROOM · #04-06
Median $/sqm
$5,062
Based on 26 transactions
Total Transactions
26
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 73 years remaining 99 years
73 years 8 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.30%/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
Nov 2024 04 TO 06 4 ROOM 100 sqm $593,888 $5,939
Nov 2024 10 TO 12 4 ROOM 100 sqm $623,000 $6,230
Sep 2023 04 TO 06 4 ROOM 100 sqm $531,000 $5,310
Jun 2023 07 TO 09 4 ROOM 101 sqm $508,000 $5,030
May 2023 04 TO 06 5 ROOM 122 sqm $660,000 $5,410
Jan 2023 22 TO 24 5 ROOM 121 sqm $715,000 $5,909
Nov 2022 10 TO 12 4 ROOM 101 sqm $530,000 $5,248
Oct 2022 10 TO 12 4 ROOM 101 sqm $528,000 $5,228
Sep 2022 13 TO 15 5 ROOM 122 sqm $688,000 $5,639
Aug 2022 07 TO 09 5 ROOM 122 sqm $652,000 $5,344
Apr 2022 16 TO 18 5 ROOM 121 sqm $680,000 $5,620
Dec 2021 10 TO 12 4 ROOM 101 sqm $515,000 $5,099
Mar 2021 13 TO 15 5 ROOM 121 sqm $615,000 $5,083
Mar 2021 22 TO 24 5 ROOM 121 sqm $640,000 $5,289
Jan 2021 04 TO 06 5 ROOM 120 sqm $538,000 $4,483
Jan 2021 13 TO 15 5 ROOM 121 sqm $610,000 $5,041
Jun 2020 04 TO 06 4 ROOM 101 sqm $405,000 $4,010
Apr 2020 01 TO 03 5 ROOM 120 sqm $425,000 $3,542
Feb 2020 10 TO 12 5 ROOM 121 sqm $575,000 $4,752
Jan 2020 07 TO 09 4 ROOM 101 sqm $415,000 $4,109
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 541 Bukit Panjang Ring Road

Block 541 at Bukit Panjang Ring Road is a residential HDB block in Bukit Panjang, Singapore, built in 1999 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $338,000 to $715,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $593,888 in 2024-11. The current median price per square metre is $5,062. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9207, with an annual lease decay rate of approximately 0.30%. 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 541 Bukit Panjang Ring Road worth?

The most recent resale transaction at Block 541 Bukit Panjang Ring Road was $593,888 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $5,062, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 541 Bukit Panjang Ring Road?

Block 541 Bukit Panjang Ring Road was built in 1999 and has approximately 73 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 541 Bukit Panjang Ring Road?

Block 541 Bukit Panjang Ring Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $338,000 to $715,000 based on historical transaction records from data.gov.sg.

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