Block 208 Petir Road

4 Room · Built 1988 · 63 years remaining lease MOP Cleared
Latest Sale
$438,000
Mar 2024 · 4 ROOM · #07-09
Median $/sqm
$4,037
Based on 18 transactions
Total Transactions
18
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 63 years remaining 99 years
63 years 1 months
Remaining lease
↓ 0.45%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.45%/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 2024 07 TO 09 4 ROOM 84 sqm $438,000 $5,214
Jan 2024 07 TO 09 4 ROOM 84 sqm $430,000 $5,119
Dec 2023 01 TO 03 4 ROOM 84 sqm $452,000 $5,381
Sep 2023 04 TO 06 4 ROOM 84 sqm $418,000 $4,976
Sep 2022 07 TO 09 4 ROOM 84 sqm $398,000 $4,738
Aug 2022 01 TO 03 4 ROOM 104 sqm $415,000 $3,990
Mar 2022 10 TO 12 4 ROOM 84 sqm $370,088 $4,406
Dec 2021 10 TO 12 4 ROOM 104 sqm $462,000 $4,442
Jul 2021 01 TO 03 4 ROOM 84 sqm $365,000 $4,345
Oct 2020 07 TO 09 4 ROOM 84 sqm $343,000 $4,083
Feb 2020 07 TO 09 4 ROOM 84 sqm $310,000 $3,690
Feb 2019 01 TO 03 4 ROOM 84 sqm $275,000 $3,274
Nov 2018 10 TO 12 4 ROOM 84 sqm $300,000 $3,571
Sep 2018 01 TO 03 4 ROOM 104 sqm $310,000 $2,981
Aug 2018 04 TO 06 4 ROOM 84 sqm $280,000 $3,333
Oct 2017 01 TO 03 4 ROOM 84 sqm $285,000 $3,393
Jun 2017 01 TO 03 4 ROOM 84 sqm $295,000 $3,512
May 2017 10 TO 12 4 ROOM 104 sqm $345,345 $3,321
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 208 Petir Road

Block 208 at Petir Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 63 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $275,000 to $462,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $438,000 in 2024-03. The current median price per square metre is $4,037. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8858, with an annual lease decay rate of approximately 0.45%. 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 208 Petir Road worth?

The most recent resale transaction at Block 208 Petir Road was $438,000 for a 4 room flat in 2024-03. The median price per square metre across all flat types is $4,037, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 208 Petir Road?

Block 208 Petir Road was built in 1988 and has approximately 63 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.45%, meaning the leasehold value decreases by approximately 0.45% per year at the current remaining lease.

What flat types are available at Block 208 Petir Road?

Block 208 Petir Road in Bukit Panjang contains 4 room flats. Resale prices range from $275,000 to $462,000 based on historical transaction records from data.gov.sg.

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