Blk 248 Bangkit Rd is an HDB block in Bukit Panjang (completed in 1987, 13 storeys, 128 units). As of Jul 2026, its median resale price over the last 24 months is $625,000, about 6% below the Bukit Panjang median, from 4 sales. 123 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Panjang |
|---|---|
| Completed | 1987 |
| Lease from | 1988 |
| Storeys | 13 |
| Dwelling units | 128 |
| Unit mix (sold) | 4-room ×66 · 5-room ×42 · exec ×20 |
| Recorded resales | 123 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $525,000 | $5,048/m² | 1 |
| 5-Room | $625,000 | $5,123/m² | 2 |
| Executive | $875,000 | $6,034/m² | 1 |
Median monthly rent at this block: $3,350/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~6.4% (Bukit Panjang average: ~5.6%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 85% of Bukit Panjang blocks with recent sales.
For a typical 5-room flat here, our price model estimates $561,996–$628,674 (central estimate $595,335). Recent sales — median $639,943 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1993 | $228,000 | $394,551 | 3 |
| 1994 | $313,000 | $525,388 | 7 |
| 1995 | $210,000 | $346,519 | 7 |
| 1996 | $393,500 | $640,471 | 2 |
| 1997 | $340,900 | $543,856 | 6 |
| 1998 | $308,000 | $492,709 | 7 |
| 1999 | $282,000 | $451,010 | 11 |
| 2000 | $305,750 | $482,486 | 6 |
| 2001 | $216,000 | $337,437 | 5 |
| 2002 | $284,500 | $446,196 | 4 |
| 2003 | $222,000 | $346,483 | 6 |
| 2004 | $216,000 | $331,574 | 4 |
| 2005 | $240,000 | $366,681 | 5 |
| 2006 | $239,000 | $361,660 | 3 |
| 2007 | $235,000 | $348,258 | 3 |
| 2008 | $348,000 | $483,627 | 5 |
| 2009 | $298,000 | $411,719 | 3 |
| 2010 | $291,500 | $391,659 | 2 |
| 2011 | $381,500 | $487,007 | 2 |
| 2012 | $503,500 | $614,592 | 6 |
| 2013 | $460,000 | $548,528 | 3 |
| 2014 | $450,000 | $531,112 | 1 |
| 2015 | $356,500 | $422,970 | 4 |
| 2016 | $399,000 | $475,913 | 2 |
| 2017 | $410,900 | $487,295 | 2 |
| 2018 | $341,500 | $403,225 | 4 |
| 2019 | $570,000 | $669,227 | 1 |
| 2021 | $395,888 | $455,068 | 1 |
| 2022 | $455,000 | $492,801 | 3 |
| 2023 | $600,000 | $619,886 | 1 |
| 2024 | $557,500 | $562,534 | 2 |
| 2025 | $767,500 | $767,500 | 2 |
| Record sale | $875,000 (Executive, 2025-12) |
|---|---|
| First recorded sale | $195,000 (1993-03) |
| Busiest year | 1999 · 11 sales |
| 10-year change (real) | +81% (+6.1%/yr, 2015→2025) |
| Total transacted | $41.1M across 123 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-12 | Executive | 01 TO 03 | 145 | $875,000 |
| 2025-07 | 5-Room | 13 TO 15 | 122 | $660,000 |
| 2024-12 | 5-Room | 01 TO 03 | 122 | $590,000 |
| 2024-08 | 4-Room | 07 TO 09 | 104 | $525,000 |
| 2023-04 | 5-Room | 10 TO 12 | 122 | $600,000 |
| 2022-08 | 4-Room | 04 TO 06 | 104 | $450,000 |
| 2022-07 | 5-Room | 13 TO 15 | 122 | $620,000 |
| 2022-04 | 4-Room | 04 TO 06 | 109 | $455,000 |
| 2021-01 | 4-Room | 07 TO 09 | 109 | $395,888 |
| 2019-10 | Executive | 01 TO 03 | 145 | $570,000 |
| 2018-07 | Executive | 04 TO 06 | 143 | $540,000 |
| 2018-06 | 4-Room | 01 TO 03 | 104 | $338,000 |
| 2018-06 | 4-Room | 07 TO 09 | 104 | $345,000 |
| 2018-03 | 4-Room | 01 TO 03 | 109 | $315,000 |
| 2017-09 | 4-Room | 07 TO 09 | 104 | $380,000 |
| 2017-04 | 5-Room | 13 TO 15 | 122 | $441,800 |
| 2016-04 | 4-Room | 04 TO 06 | 104 | $350,000 |
| 2016-02 | 5-Room | 13 TO 15 | 122 | $448,000 |
| 2015-06 | 4-Room | 01 TO 03 | 104 | $330,000 |
| 2015-06 | 5-Room | 10 TO 12 | 122 | $430,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 254 | $887,000 | $5,928/m² |
| 2. Blk 273 | $749,000 | $5,567/m² |
| 3. Blk 276 | $711,500 | $5,518/m² |
| 4. Blk 253 | $679,444 | $5,859/m² |
| 5. Blk 246 | $630,000 | $5,164/m² |
| 6. Blk 248 | $625,000 | $5,229/m² |
| 7. Blk 272 | $592,500 | $5,257/m² |
| 8. Blk 252 | $555,000 | $5,456/m² |
| 9. Blk 277 | $549,000 | $5,229/m² |
| 10. Blk 257 | $541,500 | $5,166/m² |
| 11. Blk 270 | $525,000 | $4,991/m² |
| 12. Blk 249 | $500,000 | $5,340/m² |
| 13. Blk 275 | $495,000 | $5,317/m² |
| 14. Blk 274 | $489,000 | $5,301/m² |
| 15. Blk 251 | $450,000 | $5,890/m² |
Showing the top 15 of 16 blocks.
The median resale price over the last 24 months is $625,000 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 5-room flat here, our price model estimates $561,996–$628,674 (central estimate $595,335). Recent sales — median $639,943 — sit above that range.
The median monthly rent is $3,350/mo over the last 12 months (4 contracts).
The block was completed in 1987 and its 99-year lease runs from 1988.