Block 124 Pending Road

Executive · Built 1988 · 63 years remaining lease MOP Cleared
Latest Sale
$825,000
Mar 2024 · EXECUTIVE · #07-09
Median $/sqm
$4,132
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 63 years remaining 99 years
63 years
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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 07 TO 09 EXECUTIVE 144 sqm $825,000 $5,729
Jul 2023 07 TO 09 EXECUTIVE 144 sqm $800,000 $5,556
Aug 2022 07 TO 09 EXECUTIVE 144 sqm $735,000 $5,104
Apr 2022 10 TO 12 EXECUTIVE 146 sqm $760,000 $5,205
Nov 2021 04 TO 06 EXECUTIVE 151 sqm $732,888 $4,854
Jun 2021 01 TO 03 EXECUTIVE 151 sqm $550,000 $3,642
Sep 2020 10 TO 12 EXECUTIVE 144 sqm $595,000 $4,132
Jul 2020 13 TO 15 EXECUTIVE 144 sqm $520,000 $3,611
Oct 2019 04 TO 06 EXECUTIVE 144 sqm $520,000 $3,611
Sep 2019 04 TO 06 EXECUTIVE 146 sqm $540,000 $3,699
Mar 2018 13 TO 15 EXECUTIVE 151 sqm $598,000 $3,960
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Pending Road

Block 124 at Pending Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 63 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $520,000 to $825,000 based on 11 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $825,000 in 2024-03. The current median price per square metre is $4,132. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8855, with an annual lease decay rate of approximately 0.45%. 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 124 Pending Road worth?

The most recent resale transaction at Block 124 Pending Road was $825,000 for a executive flat in 2024-03. The median price per square metre across all flat types is $4,132, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Pending Road?

Block 124 Pending Road was built in 1988 and has approximately 63 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 124 Pending Road?

Block 124 Pending Road in Bukit Panjang contains executive flats. Resale prices range from $520,000 to $825,000 based on historical transaction records from data.gov.sg.

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