Block 229 Pending Road

3 Room · 4 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$450,000
Mar 2026 · 3 ROOM · #10-12
Median $/sqm
$5,171
Based on 22 transactions
Total Transactions
22
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 61 years remaining 99 years
61 years 10 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.47%/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 2026 10 TO 12 3 ROOM 73 sqm $450,000 $6,164
Jan 2026 01 TO 03 3 ROOM 73 sqm $435,000 $5,959
Nov 2025 07 TO 09 4 ROOM 103 sqm $525,000 $5,097
Oct 2025 01 TO 03 3 ROOM 73 sqm $435,000 $5,959
Aug 2025 10 TO 12 3 ROOM 73 sqm $438,800 $6,011
Jan 2025 04 TO 06 3 ROOM 73 sqm $435,000 $5,959
Nov 2024 07 TO 09 3 ROOM 73 sqm $428,000 $5,863
Oct 2024 10 TO 12 4 ROOM 103 sqm $575,000 $5,583
Jul 2024 10 TO 12 3 ROOM 73 sqm $420,888 $5,766
Sep 2023 10 TO 12 3 ROOM 73 sqm $418,000 $5,726
Jul 2023 01 TO 03 3 ROOM 73 sqm $380,000 $5,205
Feb 2023 10 TO 12 3 ROOM 73 sqm $381,000 $5,219
Nov 2022 10 TO 12 3 ROOM 73 sqm $375,000 $5,137
Apr 2022 07 TO 09 3 ROOM 73 sqm $348,000 $4,767
Jan 2022 10 TO 12 3 ROOM 73 sqm $352,888 $4,834
Jan 2020 01 TO 03 3 ROOM 73 sqm $298,000 $4,082
Aug 2019 07 TO 09 3 ROOM 73 sqm $280,000 $3,836
Jul 2018 10 TO 12 3 ROOM 73 sqm $288,000 $3,945
Jul 2018 04 TO 06 3 ROOM 73 sqm $300,000 $4,110
Jun 2018 07 TO 09 3 ROOM 73 sqm $298,000 $4,082
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 229 Pending Road

Block 229 at Pending Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $265,000 to $575,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $450,000 in 2026-03. The current median price per square metre is $5,171. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8808, with an annual lease decay rate of approximately 0.47%. 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 229 Pending Road worth?

The most recent resale transaction at Block 229 Pending Road was $450,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,171, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 229 Pending Road?

Block 229 Pending Road was built in 1988 and has approximately 61 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 229 Pending Road?

Block 229 Pending Road in Bukit Panjang contains 3 room, 4 room flats. Resale prices range from $265,000 to $575,000 based on historical transaction records from data.gov.sg.

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