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Block 229 Pending Road

3 Room · 4 Room · Built 1988 · 61 years remaining lease · Updated Mar 2026 MOP Cleared

Block 229 Pending Road has 22 recorded HDB resale transactions since 2017. Latest sale: $450,000 (Mar 2026, 3 room, floors 10–12). Median $5,171/sqm. Built 1988, 61 years lease remaining.

How this block compares

  • 3 Room$436,900
    −5.2%vs town(−$24k)−1.8%vs national(−$8k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$450,000
Mar 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$5,171
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 86%
#287 / 335 Top 86%
Latest Sale ?
Top 90%
#303 / 335 Top 90%
Value ($/sqm) ?
Top 21%
#71 / 335 Top 21%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,400 typically $2,300–$2,450 6.6% 5 rentals here
4-Room $3,000 typically $2,900–$3,200 6.3% Bukit Panjang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 229 Pending Road in Bukit Panjang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Panjang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Pending Road is one of the more affordable HDB blocks in Bukit Panjang, with a median of $380,500 below most of the town. It has a regular flow of resale activity, with 22 transactions since 2017 across 3 room, 4 room flats priced from $265,000 to $575,000. The most recent transaction was a 3 room flat on storeys 10 TO 12 at $450,000 in Mar 2026, and the median works out to $5,171/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8808, an annual lease decay of about 0.47%. All transaction data is sourced from data.gov.sg and 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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