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Block 297 Punggol Central

4 Room · 5 Room · Built 2003 · 76 years remaining lease · Updated Dec 2025 MOP Cleared

Block 297 Punggol Central has 29 recorded HDB resale transactions since 2017. Latest sale: $644,888 (Dec 2025, 4 room, floors 13–15). Median $5,091/sqm. Prices up 30% over the past five years. Built 2003, 76 years lease remaining.

How this block compares

  • 4 Room$631,444
    −7.7%vs town(−$52k)+0.2%vs national(+$1k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$644,888
Dec 2025 · 4 ROOM · Floor 13-15
Median $/sqm
$5,091
Based on 29 transactions
Total Transactions
29
Since Jan 2017
5-Year Trend
▲ +30%
Median price change
Median Price ?
Top 35%
#168 / 485 Top 35%
Latest Sale ?
Top 57%
#276 / 485 Top 57%
Value ($/sqm) ?
Top 63%
#304 / 485 Top 63%
5-Year Growth ?
Top 87%
#325 / 374 Top 87%
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
+5.4%/yr
vs
Lease Decay
−0.27%/yr
Growth assumption
Based on this block’s +30% 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 76 years remaining 99 years
76 years 11 months
Remaining lease
↓ 0.27%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 76 years remaining, decay is gradual (~0.27%/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 Punggol average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,050–$3,400 5.6% Punggol avg · block too thin
5-Room $3,300 typically $3,100–$3,400 5.2% Punggol 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 8 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
8 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 297 Punggol Central in Punggol, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Punggol
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
Dec 2025 13 TO 15 4 ROOM 95 sqm $644,888 $6,788
Nov 2025 04 TO 06 4 ROOM 94 sqm $618,000 $6,574
Jan 2025 13 TO 15 5 ROOM 110 sqm $668,000 $6,073
Aug 2024 07 TO 09 4 ROOM 95 sqm $598,000 $6,295
Aug 2024 10 TO 12 4 ROOM 97 sqm $620,000 $6,392
Jul 2024 16 TO 18 4 ROOM 94 sqm $615,008 $6,543
May 2024 07 TO 09 5 ROOM 110 sqm $645,000 $5,864
Dec 2023 04 TO 06 4 ROOM 94 sqm $550,000 $5,851
Nov 2023 10 TO 12 5 ROOM 110 sqm $630,000 $5,727
Jul 2023 04 TO 06 4 ROOM 95 sqm $538,000 $5,663
May 2023 04 TO 06 5 ROOM 110 sqm $568,000 $5,164
Feb 2023 01 TO 03 5 ROOM 110 sqm $555,000 $5,045
Dec 2022 01 TO 03 5 ROOM 110 sqm $550,000 $5,000
Aug 2022 07 TO 09 4 ROOM 97 sqm $516,000 $5,320
Dec 2021 16 TO 18 5 ROOM 110 sqm $585,000 $5,318
Nov 2021 13 TO 15 5 ROOM 110 sqm $570,888 $5,190
Oct 2021 04 TO 06 5 ROOM 110 sqm $498,000 $4,527
Sep 2021 07 TO 09 4 ROOM 94 sqm $445,000 $4,734
Aug 2021 13 TO 15 5 ROOM 110 sqm $560,000 $5,091
Jul 2021 10 TO 12 5 ROOM 110 sqm $485,000 $4,409
Showing 20 of 29 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 297 Punggol Central

Resale prices at Block 297 Punggol Central in Punggol have risen sharply, up about 30% over the past five years. Its median runs about 8% above the Punggol median, ahead of around 66% of the town's blocks. It has a regular flow of resale activity, with 29 transactions since 2017 across 4 room, 5 room flats priced from $388,000 to $668,000. The most recent transaction was a 4 room flat on storeys 13 TO 15 at $644,888 in Dec 2025, and the median works out to $5,091/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 17% above those on the 01 TO 03 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9291, equivalent to roughly 0.27% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 297 Punggol Central worth?

The most recent resale transaction at Block 297 Punggol Central was $644,888 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,091, based on 29 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 297 Punggol Central?

Block 297 Punggol Central was built in 2003 and has approximately 76 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 0.27%, meaning the leasehold value decreases by approximately 0.27% per year at the current remaining lease.

What flat types are available at Block 297 Punggol Central?

Block 297 Punggol Central in Punggol contains 4 room, 5 room flats. Resale prices range from $388,000 to $668,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 297 Punggol Central gone up or down?

Resale prices at Block 297 Punggol Central have increased by approximately 30% over the past five years. The current median price is $550,000, with the most recent sale at $644,888 in 2025-12.

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