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Block 216 Petir Road

3 Room · 4 Room · Built 1989 · 61 years remaining lease MOP Cleared
Latest Sale
$543,888
May 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,363
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 92%
#308 / 335 Top 92%
Latest Sale ?
Top 66%
#221 / 335 Top 66%
Value ($/sqm) ?
Top 65%
#219 / 335 Top 65%
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
--
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 11 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.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 07 TO 09 4 ROOM 103 sqm $543,888 $5,280
Jul 2025 10 TO 12 4 ROOM 103 sqm $565,000 $5,485
Mar 2025 10 TO 12 4 ROOM 103 sqm $550,000 $5,340
May 2024 04 TO 06 3 ROOM 73 sqm $395,000 $5,411
Apr 2024 04 TO 06 4 ROOM 103 sqm $490,000 $4,757
Mar 2024 10 TO 12 4 ROOM 103 sqm $510,000 $4,951
Jul 2023 07 TO 09 3 ROOM 73 sqm $376,000 $5,151
Mar 2023 04 TO 06 3 ROOM 73 sqm $377,000 $5,164
Oct 2022 04 TO 06 3 ROOM 73 sqm $360,000 $4,932
Aug 2022 10 TO 12 3 ROOM 73 sqm $383,000 $5,247
Feb 2022 01 TO 03 4 ROOM 103 sqm $420,000 $4,078
Nov 2021 01 TO 03 3 ROOM 73 sqm $335,000 $4,589
Oct 2021 04 TO 06 3 ROOM 73 sqm $312,000 $4,274
Aug 2021 07 TO 09 3 ROOM 73 sqm $330,000 $4,521
Jul 2021 07 TO 09 3 ROOM 73 sqm $325,000 $4,452
Oct 2020 10 TO 12 3 ROOM 73 sqm $293,000 $4,014
Nov 2019 10 TO 12 4 ROOM 103 sqm $360,000 $3,495
Jul 2019 07 TO 09 3 ROOM 73 sqm $263,800 $3,614
Feb 2019 01 TO 03 3 ROOM 73 sqm $240,000 $3,288
Nov 2018 01 TO 03 3 ROOM 73 sqm $268,000 $3,671
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 216 Petir Road

Block 216 at Petir Road is a residential HDB block in Bukit Panjang, Singapore, built in 1989 with approximately 61 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $240,000 to $565,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $543,888 in 2026-05. The current median price per square metre is $4,363. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8812, with an annual lease decay rate of approximately 0.47%. 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 216 Petir Road worth?

The most recent resale transaction at Block 216 Petir Road was $543,888 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $4,363, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 216 Petir Road?

Block 216 Petir Road was built in 1989 and has approximately 61 years and 11 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 216 Petir Road?

Block 216 Petir Road in Bukit Panjang contains 3 room, 4 room flats. Resale prices range from $240,000 to $565,000 based on historical transaction records from data.gov.sg.

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