Block 421 Fajar Road

4 Room · 5 Room · Built 1989 · 63 years remaining lease MOP Cleared
Latest Sale
$528,000
Dec 2024 · 4 ROOM · #04-06
Median $/sqm
$4,836
Based on 3 transactions
Total Transactions
3
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 63 years remaining 99 years
63 years 8 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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
Dec 2024 04 TO 06 4 ROOM 104 sqm $528,000 $5,077
Mar 2023 04 TO 06 5 ROOM 122 sqm $590,000 $4,836
May 2017 10 TO 12 4 ROOM 104 sqm $350,000 $3,365
Showing 3 of 3 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 421 Fajar Road

Block 421 at Fajar Road is a residential HDB block in Bukit Panjang, Singapore, built in 1989 with approximately 63 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $350,000 to $590,000 based on 3 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $528,000 in 2024-12. The current median price per square metre is $4,836. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8881, with an annual lease decay rate of approximately 0.44%. 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 421 Fajar Road worth?

The most recent resale transaction at Block 421 Fajar Road was $528,000 for a 4 room flat in 2024-12. The median price per square metre across all flat types is $4,836, based on 3 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 421 Fajar Road?

Block 421 Fajar Road was built in 1989 and has approximately 63 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 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 421 Fajar Road?

Block 421 Fajar Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $350,000 to $590,000 based on historical transaction records from data.gov.sg.

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