Block 123 Pending Road

3 Room · 4 Room · Built 1988 · 62 years remaining lease MOP Cleared
Latest Sale
$445,000
Jul 2025 · 3 ROOM · #04-06
Median $/sqm
$4,432
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +56%
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 62 years remaining 99 years
62 years 4 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Jul 2025 04 TO 06 3 ROOM 73 sqm $445,000 $6,096
Mar 2025 10 TO 12 4 ROOM 103 sqm $541,000 $5,252
Dec 2024 01 TO 03 3 ROOM 73 sqm $380,000 $5,205
Dec 2024 07 TO 09 4 ROOM 103 sqm $528,000 $5,126
Jul 2024 01 TO 03 3 ROOM 73 sqm $385,000 $5,274
Jun 2024 01 TO 03 3 ROOM 73 sqm $395,000 $5,411
May 2024 04 TO 06 4 ROOM 103 sqm $505,000 $4,903
May 2023 04 TO 06 3 ROOM 73 sqm $371,000 $5,082
Feb 2023 07 TO 09 3 ROOM 73 sqm $365,000 $5,000
Feb 2023 01 TO 03 4 ROOM 103 sqm $420,000 $4,078
Nov 2022 10 TO 12 3 ROOM 73 sqm $375,000 $5,137
Jul 2022 04 TO 06 3 ROOM 73 sqm $330,000 $4,521
Jul 2021 07 TO 09 3 ROOM 73 sqm $317,000 $4,342
Jun 2021 07 TO 09 4 ROOM 103 sqm $430,000 $4,175
Apr 2021 07 TO 09 3 ROOM 73 sqm $306,000 $4,192
Feb 2021 07 TO 09 3 ROOM 73 sqm $315,000 $4,315
Dec 2019 01 TO 03 4 ROOM 103 sqm $330,000 $3,204
Nov 2019 04 TO 06 3 ROOM 73 sqm $290,000 $3,973
Sep 2019 10 TO 12 4 ROOM 103 sqm $373,000 $3,621
Nov 2018 10 TO 12 3 ROOM 73 sqm $282,000 $3,863
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Pending Road

Block 123 at Pending Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $276,000 to $541,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $445,000 in 2025-07. The current median price per square metre is $4,432. Over the past five years, resale prices at this block have increased by approximately 56%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8829, with an annual lease decay rate of approximately 0.46%. 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 123 Pending Road worth?

The most recent resale transaction at Block 123 Pending Road was $445,000 for a 3 room flat in 2025-07. The median price per square metre across all flat types is $4,432, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Pending Road?

Block 123 Pending Road was built in 1988 and has approximately 62 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 123 Pending Road?

Block 123 Pending Road in Bukit Panjang contains 3 room, 4 room flats. Resale prices range from $276,000 to $541,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123 Pending Road gone up or down?

Resale prices at Block 123 Pending Road have increased by approximately 56% over the past five years. The current median price is $372,000, with the most recent sale at $445,000 in 2025-07.

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