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Block 437 Fajar Road

4 Room · 5 Room · Built 1997 · 71 years remaining lease · Updated Apr 2025 MOP Cleared

Block 437 Fajar Road has 14 recorded HDB resale transactions since 2017. Latest sale: $555,000 (Apr 2025, 4 room, floors 01–03). Median $4,185/sqm. Built 1997, 71 years lease remaining.

Latest Sale
$555,000
Apr 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$4,185
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 74%
#249 / 335 Top 74%
Latest Sale ?
Top 64%
#214 / 335 Top 64%
Value ($/sqm) ?
Top 77%
#258 / 335 Top 77%
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
−0.33%/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 71 years remaining 99 years
71 years 5 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/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
4-Room $3,000 typically $2,900–$3,200 6.3% Bukit Panjang avg · block too thin
5-Room $3,250 typically $3,100–$3,450 5.5% 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 437 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 2025 01 TO 03 4 ROOM 100 sqm $555,000 $5,550
Jul 2024 10 TO 12 5 ROOM 117 sqm $640,000 $5,470
Jun 2024 10 TO 12 5 ROOM 117 sqm $638,000 $5,453
Mar 2023 07 TO 09 4 ROOM 100 sqm $480,000 $4,800
Jan 2023 10 TO 12 5 ROOM 120 sqm $585,000 $4,875
May 2022 04 TO 06 4 ROOM 100 sqm $422,000 $4,220
May 2022 04 TO 06 4 ROOM 100 sqm $428,500 $4,285
Feb 2022 04 TO 06 4 ROOM 100 sqm $415,000 $4,150
Jan 2022 07 TO 09 4 ROOM 100 sqm $415,000 $4,150
Sep 2019 07 TO 09 5 ROOM 117 sqm $425,000 $3,632
Aug 2018 07 TO 09 5 ROOM 118 sqm $423,000 $3,585
Jul 2018 04 TO 06 5 ROOM 117 sqm $410,000 $3,504
May 2018 13 TO 15 5 ROOM 117 sqm $418,000 $3,573
Feb 2018 01 TO 03 4 ROOM 101 sqm $308,000 $3,050
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 437 Fajar Road

Block 437 Fajar Road is a mature HDB block in Bukit Panjang, built in 1997 with about 71 years remaining on its 99-year lease. Its median sits about 10% below the Bukit Panjang median, cheaper than about 74% of the town's blocks. It has a relatively light resale record, with 14 transactions since 2017 across 4 room, 5 room flats priced from $308,000 to $640,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $555,000 in Apr 2025, and the median works out to $4,185/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9143, an annual lease decay of about 0.33%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 437 Fajar Road worth?

The most recent resale transaction at Block 437 Fajar Road was $555,000 for a 4 room flat in 2025-04. The median price per square metre across all flat types is $4,185, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 437 Fajar Road?

Block 437 Fajar Road was built in 1997 and has approximately 71 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 437 Fajar Road?

Block 437 Fajar Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $308,000 to $640,000 based on historical transaction records from data.gov.sg.

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