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Block 149 Petir Road

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

Block 149 Petir Road has 27 recorded HDB resale transactions since 2017. Latest sale: $450,000 (Jul 2025, 3 room, floors 04–06). Median $4,409/sqm. Prices up 41.3% over the past five years. Built 1988, 62 years lease remaining.

Latest Sale
$450,000
Jul 2025 · 3 ROOM · Floor 04-06
Median $/sqm
$4,409
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +41.3%
Median price change
Median Price ?
Top 91%
#306 / 335 Top 91%
Latest Sale ?
Top 91%
#304 / 335 Top 91%
Value ($/sqm) ?
Top 64%
#216 / 335 Top 64%
5-Year Growth ?
Top 13%
#31 / 245 Top 13%
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
+7.2%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Based on this block’s +41.3% 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 4 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 2 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
2 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 149 Petir 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 04 TO 06 3 ROOM 73 sqm $450,000 $6,164
Apr 2024 01 TO 03 3 ROOM 73 sqm $362,000 $4,959
Apr 2024 01 TO 03 3 ROOM 73 sqm $398,000 $5,452
Feb 2024 10 TO 12 3 ROOM 73 sqm $400,000 $5,479
Aug 2023 10 TO 12 4 ROOM 103 sqm $460,000 $4,466
Jul 2023 04 TO 06 4 ROOM 103 sqm $480,000 $4,660
May 2023 07 TO 09 3 ROOM 73 sqm $378,888 $5,190
May 2023 10 TO 12 3 ROOM 73 sqm $393,000 $5,384
Jan 2023 01 TO 03 3 ROOM 73 sqm $350,000 $4,795
Jan 2023 01 TO 03 3 ROOM 73 sqm $368,000 $5,041
Mar 2022 07 TO 09 3 ROOM 73 sqm $340,000 $4,658
Mar 2022 01 TO 03 4 ROOM 103 sqm $420,000 $4,078
Mar 2022 07 TO 09 4 ROOM 103 sqm $460,000 $4,466
Mar 2022 10 TO 12 4 ROOM 103 sqm $465,000 $4,515
Aug 2021 10 TO 12 3 ROOM 73 sqm $321,888 $4,409
Jul 2021 01 TO 03 4 ROOM 103 sqm $360,000 $3,495
Jun 2021 01 TO 03 4 ROOM 103 sqm $405,000 $3,932
Jan 2021 10 TO 12 3 ROOM 73 sqm $315,000 $4,315
Sep 2019 07 TO 09 4 ROOM 103 sqm $355,000 $3,447
Mar 2019 01 TO 03 4 ROOM 103 sqm $340,000 $3,301
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 149 Petir Road

Block 149 Petir Road is one of the more affordable HDB blocks in Bukit Panjang, with a median of $360,000 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 $280,000 to $480,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $450,000 in Jul 2025, and the median works out to $4,409/sqm. Over five years, prices here are up about 41.3%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8829, 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 149 Petir Road worth?

The most recent resale transaction at Block 149 Petir Road was $450,000 for a 3 room flat in 2025-07. The median price per square metre across all flat types is $4,409, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 149 Petir Road?

Block 149 Petir Road was built in 1988 and has approximately 62 years and 4 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 149 Petir Road?

Block 149 Petir Road in Bukit Panjang contains 3 room, 4 room flats. Resale prices range from $280,000 to $480,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 149 Petir Road gone up or down?

Resale prices at Block 149 Petir Road have increased by approximately 41.3% over the past five years. The current median price is $360,000, with the most recent sale at $450,000 in 2025-07.

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