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Block 422 Fajar Road

Executive · Built 1988 · 62 years remaining lease · Updated Oct 2025 MOP Cleared

Block 422 Fajar Road has 20 recorded HDB resale transactions since 2017. Latest sale: $870,000 (Oct 2025, executive, floors 10–12). Median $5,248/sqm. Prices up 26.5% over the past five years. Built 1988, 62 years lease remaining.

How this block compares

  • Executive$895,000
    +2.3%vs town(+$20k)−1.6%vs national(−$15k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$870,000
Oct 2025 · EXECUTIVE · Floor 10-12
Median $/sqm
$5,248
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +26.5%
Median price change
Median Price ?
Top 1%
#5 / 335 Top 1%
Latest Sale ?
Top 9%
#29 / 335 Top 9%
Value ($/sqm) ?
Top 18%
#60 / 335 Top 18%
5-Year Growth ?
Top 74%
#181 / 245 Top 74%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+4.8%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +26.5% growth over 5 years
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 62 years remaining 99 years
62 years 3 months
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.
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 4 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
4 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 422 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
Oct 2025 10 TO 12 EXECUTIVE 146 sqm $870,000 $5,959
Sep 2025 04 TO 06 EXECUTIVE 146 sqm $845,000 $5,788
Aug 2025 10 TO 12 EXECUTIVE 155 sqm $930,000 $6,000
Aug 2025 10 TO 12 EXECUTIVE 146 sqm $920,000 $6,301
Mar 2025 10 TO 12 EXECUTIVE 146 sqm $825,000 $5,651
Nov 2024 01 TO 03 EXECUTIVE 146 sqm $820,000 $5,616
Jun 2024 10 TO 12 EXECUTIVE 146 sqm $810,000 $5,548
Jun 2024 04 TO 06 EXECUTIVE 146 sqm $830,000 $5,685
Mar 2024 10 TO 12 EXECUTIVE 155 sqm $820,000 $5,290
Jan 2024 07 TO 09 EXECUTIVE 146 sqm $830,888 $5,691
Sep 2022 01 TO 03 EXECUTIVE 146 sqm $760,000 $5,205
Mar 2022 04 TO 06 EXECUTIVE 146 sqm $718,888 $4,924
Oct 2021 04 TO 06 EXECUTIVE 146 sqm $718,000 $4,918
Jul 2021 07 TO 09 EXECUTIVE 146 sqm $688,000 $4,712
Jun 2021 01 TO 03 EXECUTIVE 146 sqm $613,000 $4,199
Sep 2019 10 TO 12 EXECUTIVE 146 sqm $580,000 $3,973
Aug 2019 04 TO 06 EXECUTIVE 146 sqm $580,000 $3,973
Jul 2018 07 TO 09 EXECUTIVE 146 sqm $555,000 $3,801
Oct 2017 10 TO 12 EXECUTIVE 146 sqm $548,000 $3,753
Feb 2017 04 TO 06 EXECUTIVE 146 sqm $530,000 $3,630
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 422 Fajar Road

Block 422 Fajar Road sits near the top of the Bukit Panjang resale market, its $785,000 median dearer than roughly 99% of blocks in the town. It has a regular flow of resale activity, with 20 transactions since 2017 across executive flats priced from $530,000 to $930,000. The most recent transaction was an executive flat on storeys 10 TO 12 at $870,000 in Oct 2025, and the median works out to $5,248/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 8% above the 01 TO 03 band. Over five years, prices here are up about 26.5%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8825, 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 422 Fajar Road worth?

The most recent resale transaction at Block 422 Fajar Road was $870,000 for a executive flat in 2025-10. The median price per square metre across all flat types is $5,248, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 422 Fajar Road?

Block 422 Fajar Road was built in 1988 and has approximately 62 years and 3 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 422 Fajar Road?

Block 422 Fajar Road in Bukit Panjang contains executive flats. Resale prices range from $530,000 to $930,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 422 Fajar Road gone up or down?

Resale prices at Block 422 Fajar Road have increased by approximately 26.5% over the past five years. The current median price is $785,000, with the most recent sale at $870,000 in 2025-10.

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