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Block 230 Pending Road

3 Room · 4 Room · Built 1988 · 62 years remaining lease · Updated Jul 2025 MOP Cleared

Block 230 Pending Road has 27 recorded HDB resale transactions since 2017. Latest sale: $400,000 (Jul 2025, 3 room, floors 01–03). Median $4,320/sqm. Prices up 27.7% over the past five years. Built 1988, 62 years lease remaining.

Latest Sale
$400,000
Jul 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,320
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +27.7%
Median price change
Median Price ?
Top 94%
#314 / 335 Top 94%
Latest Sale ?
Top 97%
#325 / 335 Top 97%
Value ($/sqm) ?
Top 69%
#232 / 335 Top 69%
5-Year Growth ?
Top 70%
#172 / 245 Top 70%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+5%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Based on this block’s +27.7% growth over 5 years
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 62 years remaining 99 years
62 years 6 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Panjang average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,600 typically $2,450–$2,800 6.8% Bukit Panjang avg · block too thin
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 230 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
Jul 2025 01 TO 03 3 ROOM 73 sqm $400,000 $5,479
Jun 2025 07 TO 09 3 ROOM 73 sqm $438,000 $6,000
Oct 2023 04 TO 06 4 ROOM 103 sqm $525,000 $5,097
Aug 2023 04 TO 06 3 ROOM 73 sqm $388,000 $5,315
Aug 2023 10 TO 12 4 ROOM 103 sqm $480,000 $4,660
Apr 2023 10 TO 12 4 ROOM 103 sqm $490,000 $4,757
Nov 2022 10 TO 12 3 ROOM 73 sqm $385,000 $5,274
Jul 2022 01 TO 03 3 ROOM 73 sqm $350,000 $4,795
Jun 2022 07 TO 09 3 ROOM 73 sqm $358,000 $4,904
Feb 2022 04 TO 06 3 ROOM 73 sqm $343,000 $4,699
Feb 2022 10 TO 12 4 ROOM 103 sqm $445,000 $4,320
Jan 2022 10 TO 12 3 ROOM 73 sqm $353,000 $4,836
Jun 2021 10 TO 12 3 ROOM 73 sqm $328,000 $4,493
Jun 2021 10 TO 12 4 ROOM 103 sqm $450,000 $4,369
Sep 2020 04 TO 06 3 ROOM 73 sqm $290,000 $3,973
Mar 2020 07 TO 09 3 ROOM 73 sqm $288,000 $3,945
Aug 2019 07 TO 09 4 ROOM 103 sqm $353,000 $3,427
May 2019 04 TO 06 3 ROOM 73 sqm $280,000 $3,836
Mar 2019 04 TO 06 3 ROOM 73 sqm $278,000 $3,808
Apr 2018 04 TO 06 3 ROOM 73 sqm $265,000 $3,630
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 230 Pending Road

Block 230 Pending Road is one of the more affordable HDB blocks in Bukit Panjang, with a median of $345,000 below most of the town. It has a regular flow of resale activity, with 27 transactions since 2017 across 3 room, 4 room flats priced from $255,000 to $525,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $400,000 in Jul 2025, and the median works out to $4,320/sqm. Over five years, prices here are up about 27.7%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8835, an annual lease decay of about 0.46%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 230 Pending Road worth?

The most recent resale transaction at Block 230 Pending Road was $400,000 for a 3 room flat in 2025-07. The median price per square metre across all flat types is $4,320, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 230 Pending Road?

Block 230 Pending Road was built in 1988 and has approximately 62 years and 6 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 230 Pending Road?

Block 230 Pending Road in Bukit Panjang contains 3 room, 4 room flats. Resale prices range from $255,000 to $525,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 230 Pending Road gone up or down?

Resale prices at Block 230 Pending Road have increased by approximately 27.7% over the past five years. The current median price is $345,000, with the most recent sale at $400,000 in 2025-07.

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