Block 407 Fajar Road

4 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$470,000
Feb 2026 · 4 ROOM · #10-12
Median $/sqm
$5,000
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +6.8%
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 62 years remaining 99 years
62 years
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/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
Feb 2026 10 TO 12 4 ROOM 84 sqm $470,000 $5,595
Feb 2026 10 TO 12 4 ROOM 84 sqm $468,000 $5,571
Feb 2026 10 TO 12 4 ROOM 84 sqm $460,000 $5,476
Nov 2025 10 TO 12 4 ROOM 84 sqm $480,000 $5,714
Jun 2025 04 TO 06 4 ROOM 104 sqm $543,000 $5,221
Dec 2024 10 TO 12 4 ROOM 84 sqm $485,000 $5,774
Oct 2024 01 TO 03 4 ROOM 84 sqm $442,888 $5,272
Jul 2024 10 TO 12 4 ROOM 104 sqm $510,000 $4,904
Jun 2024 01 TO 03 4 ROOM 84 sqm $430,000 $5,119
Dec 2023 07 TO 09 4 ROOM 84 sqm $435,000 $5,179
Nov 2023 01 TO 03 4 ROOM 84 sqm $420,000 $5,000
Dec 2022 07 TO 09 4 ROOM 84 sqm $418,000 $4,976
Jul 2022 04 TO 06 4 ROOM 104 sqm $460,000 $4,423
Mar 2022 01 TO 03 4 ROOM 104 sqm $455,000 $4,375
Jan 2022 10 TO 12 4 ROOM 84 sqm $385,000 $4,583
Dec 2021 07 TO 09 4 ROOM 104 sqm $440,000 $4,231
Mar 2020 10 TO 12 4 ROOM 84 sqm $329,000 $3,917
Mar 2019 10 TO 12 4 ROOM 104 sqm $345,000 $3,317
Oct 2017 04 TO 06 4 ROOM 84 sqm $313,000 $3,726
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 407 Fajar Road

Block 407 at Fajar Road is a residential HDB block in Bukit Panjang, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $313,000 to $543,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $470,000 in 2026-02. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 6.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8815, with an annual lease decay rate of approximately 0.47%. 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 407 Fajar Road worth?

The most recent resale transaction at Block 407 Fajar Road was $470,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $5,000, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 407 Fajar Road?

Block 407 Fajar Road was built in 1989 and has approximately 62 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 407 Fajar Road?

Block 407 Fajar Road in Bukit Panjang contains 4 room flats. Resale prices range from $313,000 to $543,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 407 Fajar Road gone up or down?

Resale prices at Block 407 Fajar Road have increased by approximately 6.8% over the past five years. The current median price is $442,888, with the most recent sale at $470,000 in 2026-02.

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