Block 212 Petir Road

4 Room · Built 1988 · 66 years remaining lease MOP Cleared

Latest Sale

$340,000

Mar 2021 · 4 ROOM · #01-03

Median $/sqm

$3,221

Based on 2 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 66 years remaining 99 years

66 years 2 months

Remaining lease

↓ 0.40%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.40%/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 2021	01 TO 03	4 ROOM	104 sqm	$340,000	$3,269
Jul 2020	04 TO 06	4 ROOM	104 sqm	$330,000	$3,173

Showing 2 of 2 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 212 Petir Road

Block 212 at Petir Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 66 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $330,000 to $340,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $340,000 in 2021-03. The current median price per square metre is $3,221. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8973, with an annual lease decay rate of approximately 0.40%. 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 212 Petir Road worth?

The most recent resale transaction at Block 212 Petir Road was $340,000 for a 4 room flat in 2021-03. The median price per square metre across all flat types is $3,221, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 212 Petir Road?

Block 212 Petir Road was built in 1988 and has approximately 66 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.40%, meaning the leasehold value decreases by approximately 0.40% per year at the current remaining lease.

What flat types are available at Block 212 Petir Road?

Block 212 Petir Road in Bukit Panjang contains 4 room flats. Resale prices range from $330,000 to $340,000 based on historical transaction records from data.gov.sg.