Block 407 Pandan Gardens

5 Room · Built 1979 · 53 years remaining lease MOP Cleared
Latest Sale
$445,000
Mar 2025 · 5 ROOM · #01-03
Median $/sqm
$3,606
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +17.4%
Median price change
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 53 years remaining 99 years
53 years 2 months
Remaining lease
↓ 0.67%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.67%/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 2025 01 TO 03 5 ROOM 104 sqm $445,000 $4,279
Jan 2025 04 TO 06 5 ROOM 104 sqm $518,000 $4,981
Jun 2024 01 TO 03 5 ROOM 104 sqm $468,000 $4,500
Jul 2023 10 TO 12 5 ROOM 114 sqm $518,000 $4,544
Aug 2022 04 TO 06 5 ROOM 129 sqm $492,000 $3,814
Feb 2022 13 TO 15 5 ROOM 114 sqm $465,000 $4,079
Nov 2021 10 TO 12 5 ROOM 114 sqm $410,000 $3,596
Nov 2021 04 TO 06 5 ROOM 104 sqm $430,000 $4,135
Aug 2021 10 TO 12 5 ROOM 129 sqm $450,000 $3,488
Jun 2021 01 TO 03 5 ROOM 104 sqm $400,000 $3,846
Apr 2021 04 TO 06 5 ROOM 104 sqm $350,000 $3,365
Oct 2020 13 TO 15 5 ROOM 104 sqm $375,000 $3,606
Jul 2020 01 TO 03 5 ROOM 129 sqm $360,000 $2,791
Aug 2019 07 TO 09 5 ROOM 129 sqm $415,000 $3,217
Jun 2019 07 TO 09 5 ROOM 104 sqm $355,000 $3,413
Apr 2019 07 TO 09 5 ROOM 129 sqm $420,000 $3,256
Jun 2018 10 TO 12 5 ROOM 104 sqm $390,000 $3,750
Dec 2017 01 TO 03 5 ROOM 114 sqm $350,000 $3,070
Mar 2017 10 TO 12 5 ROOM 114 sqm $375,000 $3,289
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 407 Pandan Gardens

Block 407 at Pandan Gardens is a residential HDB block in Jurong East, Singapore, built in 1979 with approximately 53 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $350,000 to $518,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $445,000 in 2025-03. The current median price per square metre is $3,606. Over the past five years, resale prices at this block have increased by approximately 17.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8394, with an annual lease decay rate of approximately 0.67%. 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 407 Pandan Gardens worth?

The most recent resale transaction at Block 407 Pandan Gardens was $445,000 for a 5 room flat in 2025-03. The median price per square metre across all flat types is $3,606, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 407 Pandan Gardens?

Block 407 Pandan Gardens was built in 1979 and has approximately 53 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.67%, meaning the leasehold value decreases by approximately 0.67% per year at the current remaining lease.

What flat types are available at Block 407 Pandan Gardens?

Block 407 Pandan Gardens in Jurong East contains 5 room flats. Resale prices range from $350,000 to $518,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 407 Pandan Gardens gone up or down?

Resale prices at Block 407 Pandan Gardens have increased by approximately 17.4% over the past five years. The current median price is $415,000, with the most recent sale at $445,000 in 2025-03.

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