Block 224 Pending Road

4 Room · 5 Room · Built 1989 · 65 years remaining lease MOP Cleared

Latest Sale

$675,000

Jun 2023 · 5 ROOM · #01-03

Median $/sqm

$4,658

Based on 2 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 65 years remaining 99 years

65 years 2 months

Remaining lease

↓ 0.42%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.42%/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
Jun 2023	01 TO 03	5 ROOM	140 sqm	$675,000	$4,821
Jan 2022	01 TO 03	4 ROOM	89 sqm	$400,000	$4,494

Showing 2 of 2 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 224 Pending Road

Block 224 at Pending Road is a residential HDB block in Bukit Panjang, Singapore, built in 1989 with approximately 65 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $400,000 to $675,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $675,000 in 2023-06. The current median price per square metre is $4,658. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8937, with an annual lease decay rate of approximately 0.42%. 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 224 Pending Road worth?

The most recent resale transaction at Block 224 Pending Road was $675,000 for a 5 room flat in 2023-06. The median price per square metre across all flat types is $4,658, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 224 Pending Road?

Block 224 Pending Road was built in 1989 and has approximately 65 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 0.42%, meaning the leasehold value decreases by approximately 0.42% per year at the current remaining lease.

What flat types are available at Block 224 Pending Road?

Block 224 Pending Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $400,000 to $675,000 based on historical transaction records from data.gov.sg.