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Block 408 Fajar Road

Executive · Built 1989 · 61 years remaining lease · Updated Apr 2026 MOP Cleared

Block 408 Fajar Road has 14 recorded HDB resale transactions since 2017. Latest sale: $820,000 (Apr 2026, executive, floors 04–06). Median $4,075/sqm. Built 1989, 61 years lease remaining.

Latest Sale
$820,000
Apr 2026 · EXECUTIVE · Floor 04-06
Median $/sqm
$4,075
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 16%
#53 / 335 Top 16%
Latest Sale ?
Top 14%
#46 / 335 Top 14%
Value ($/sqm) ?
Top 82%
#275 / 335 Top 82%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 61 years remaining 99 years
61 years 10 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 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.
Rental & Yield

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
Executive $3,600 typically $3,200–$3,750 4.9% Bukit Panjang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 6 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
6 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 408 Fajar Road in Bukit Panjang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Panjang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 04 TO 06 EXECUTIVE 146 sqm $820,000 $5,616
Feb 2025 01 TO 03 EXECUTIVE 146 sqm $845,000 $5,788
May 2024 07 TO 09 EXECUTIVE 146 sqm $835,000 $5,719
Feb 2023 07 TO 09 EXECUTIVE 146 sqm $778,000 $5,329
Sep 2022 01 TO 03 EXECUTIVE 146 sqm $735,000 $5,034
Jul 2022 04 TO 06 EXECUTIVE 146 sqm $718,000 $4,918
Jul 2020 01 TO 03 EXECUTIVE 142 sqm $500,000 $3,521
Jun 2020 10 TO 12 EXECUTIVE 142 sqm $500,000 $3,521
Mar 2020 01 TO 03 EXECUTIVE 146 sqm $545,000 $3,733
Jan 2020 10 TO 12 EXECUTIVE 146 sqm $610,000 $4,178
Aug 2019 04 TO 06 EXECUTIVE 146 sqm $580,000 $3,973
Jul 2019 01 TO 03 EXECUTIVE 146 sqm $530,000 $3,630
Sep 2018 04 TO 06 EXECUTIVE 142 sqm $500,000 $3,521
Oct 2017 04 TO 06 EXECUTIVE 146 sqm $545,500 $3,736
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 408 Fajar Road

Block 408 Fajar Road is an established HDB block in Bukit Panjang, built in 1989 with about 61 years remaining on its 99-year lease. Its median runs about 26% above the Bukit Panjang median, ahead of around 84% of the town's blocks. It has a relatively light resale record, with 14 transactions since 2017 across executive flats priced from $500,000 to $845,000. The most recent transaction was an executive flat on storeys 04 TO 06 at $820,000 in Apr 2026, and the median works out to $4,075/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8808, an annual lease decay of about 0.47%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 408 Fajar Road worth?

The most recent resale transaction at Block 408 Fajar Road was $820,000 for a executive flat in 2026-04. The median price per square metre across all flat types is $4,075, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 408 Fajar Road?

Block 408 Fajar Road was built in 1989 and has approximately 61 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 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 408 Fajar Road?

Block 408 Fajar Road in Bukit Panjang contains executive flats. Resale prices range from $500,000 to $845,000 based on historical transaction records from data.gov.sg.

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