Block 425 Fajar Road

5 Room · Built 1989 · 64 years remaining lease MOP Cleared
Latest Sale
$650,000
Mar 2024 · 5 ROOM · #16-18
Median $/sqm
$3,556
Based on 11 transactions
Total Transactions
11
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 64 years remaining 99 years
64 years 1 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/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
Mar 2024 16 TO 18 5 ROOM 122 sqm $650,000 $5,328
Oct 2023 07 TO 09 5 ROOM 132 sqm $630,000 $4,773
Jun 2023 07 TO 09 5 ROOM 132 sqm $605,000 $4,583
Jan 2022 13 TO 15 5 ROOM 122 sqm $525,000 $4,303
Oct 2021 04 TO 06 5 ROOM 122 sqm $400,000 $3,279
Jun 2020 01 TO 03 5 ROOM 132 sqm $435,000 $3,295
Aug 2019 07 TO 09 5 ROOM 122 sqm $433,888 $3,556
Aug 2019 13 TO 15 5 ROOM 122 sqm $445,000 $3,648
Apr 2019 13 TO 15 5 ROOM 132 sqm $445,000 $3,371
Nov 2018 10 TO 12 5 ROOM 132 sqm $445,000 $3,371
May 2018 01 TO 03 5 ROOM 122 sqm $378,888 $3,106
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 425 Fajar Road

Block 425 at Fajar Road is a residential HDB block in Bukit Panjang, Singapore, built in 1989 with approximately 64 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $378,888 to $650,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 16 TO 18 sold for $650,000 in 2024-03. The current median price per square metre is $3,556. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8897, with an annual lease decay rate of approximately 0.43%. 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 425 Fajar Road worth?

The most recent resale transaction at Block 425 Fajar Road was $650,000 for a 5 room flat in 2024-03. The median price per square metre across all flat types is $3,556, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 425 Fajar Road?

Block 425 Fajar Road was built in 1989 and has approximately 64 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 425 Fajar Road?

Block 425 Fajar Road in Bukit Panjang contains 5 room flats. Resale prices range from $378,888 to $650,000 based on historical transaction records from data.gov.sg.

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