Blk 240 Bt Panjang Ring Rd is an HDB block in Bukit Panjang (completed in 1987, 12 storeys, 110 units). As of Jul 2026, its median resale price over the last 24 months is $518,000, about 22% below the Bukit Panjang median, from 5 sales. 134 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Panjang |
|---|---|
| Completed | 1987 |
| Lease from | 1988 |
| Storeys | 12 |
| Dwelling units | 110 |
| Unit mix (sold) | 4-room ×110 |
| Recorded resales | 134 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $518,000 | $5,548/m² | 5 |
Median monthly rent at this block: $3,100/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~7.2% (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 66% of Bukit Panjang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $427,955–$478,729 (central estimate $453,342). Recent sales — median $465,457 — sit within 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 | $70,000 | $121,134 | 3 |
| 1994 | $128,000 | $214,855 | 6 |
| 1995 | $159,000 | $262,364 | 7 |
| 1996 | $213,500 | $347,498 | 8 |
| 1997 | $228,000 | $363,741 | 5 |
| 1998 | $194,000 | $310,343 | 9 |
| 1999 | $172,500 | $275,884 | 7 |
| 2000 | $178,000 | $280,891 | 5 |
| 2001 | $159,000 | $248,391 | 13 |
| 2002 | $164,000 | $257,210 | 4 |
| 2003 | $177,000 | $276,250 | 7 |
| 2004 | $194,000 | $297,803 | 6 |
| 2005 | $194,500 | $297,164 | 4 |
| 2006 | $154,000 | $233,036 | 3 |
| 2008 | $257,500 | $357,856 | 2 |
| 2009 | $240,500 | $332,277 | 2 |
| 2010 | $296,000 | $397,706 | 8 |
| 2011 | $326,000 | $416,158 | 2 |
| 2012 | $370,000 | $451,637 | 1 |
| 2013 | $368,844 | $439,829 | 4 |
| 2014 | $345,000 | $407,186 | 1 |
| 2015 | $315,000 | $373,732 | 3 |
| 2016 | $310,888 | $370,816 | 3 |
| 2017 | $310,000 | $367,636 | 1 |
| 2018 | $306,500 | $361,899 | 2 |
| 2019 | $295,000 | $346,354 | 3 |
| 2020 | $320,000 | $376,355 | 3 |
| 2022 | $402,500 | $435,940 | 4 |
| 2023 | $440,000 | $454,583 | 2 |
| 2024 | $450,000 | $454,064 | 1 |
| 2025 | $517,944 | $517,944 | 2 |
| 2026 | $518,000 | $518,000 | 3 |
| Record sale | $528,888 (4-Room, 2025-02) |
|---|---|
| First recorded sale | $70,000 (1993-02) |
| Busiest year | 2001 · 13 sales |
| 10-year change (real) | +40% (+3.4%/yr, 2016→2026) |
| Total transacted | $31.7M across 134 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-03 | 4-Room | 04 TO 06 | 84 | $518,000 |
| 2026-01 | 4-Room | 04 TO 06 | 104 | $528,000 |
| 2026-01 | 4-Room | 10 TO 12 | 84 | $466,000 |
| 2025-11 | 4-Room | 01 TO 03 | 104 | $507,000 |
| 2025-02 | 4-Room | 10 TO 12 | 84 | $528,888 |
| 2024-07 | 4-Room | 10 TO 12 | 84 | $450,000 |
| 2023-11 | 4-Room | 04 TO 06 | 84 | $430,000 |
| 2023-10 | 4-Room | 10 TO 12 | 84 | $450,000 |
| 2022-08 | 4-Room | 07 TO 09 | 84 | $400,000 |
| 2022-05 | 4-Room | 07 TO 09 | 84 | $405,000 |
| 2022-04 | 4-Room | 10 TO 12 | 104 | $462,000 |
| 2022-02 | 4-Room | 01 TO 03 | 84 | $390,000 |
| 2020-11 | 4-Room | 04 TO 06 | 84 | $320,000 |
| 2020-09 | 4-Room | 07 TO 09 | 84 | $320,000 |
| 2020-03 | 4-Room | 10 TO 12 | 84 | $298,000 |
| 2019-10 | 4-Room | 01 TO 03 | 84 | $295,000 |
| 2019-02 | 4-Room | 04 TO 06 | 84 | $310,000 |
| 2019-01 | 4-Room | 01 TO 03 | 84 | $295,000 |
| 2018-11 | 4-Room | 04 TO 06 | 84 | $313,000 |
| 2018-10 | 4-Room | 07 TO 09 | 84 | $300,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 617 | $875,000 | $6,731/m² |
| 2. Blk 545 | $820,000 | $6,833/m² |
| 3. Blk 239 | $815,000 | $5,599/m² |
| 4. Blk 537 | $751,444 | $6,227/m² |
| 5. Blk 611 | $720,000 | $6,486/m² |
| 6. Blk 429 | $704,000 | $5,537/m² |
| 7. Blk 535 | $702,000 | $6,200/m² |
| 8. Blk 609 | $695,000 | $6,333/m² |
| 9. Blk 434 | $690,888 | $5,663/m² |
| 10. Blk 533 | $662,944 | $5,931/m² |
| 11. Blk 427 | $661,500 | $5,422/m² |
| 12. Blk 447 | $638,000 | $5,317/m² |
| 13. Blk 238 | $633,000 | $5,189/m² |
| 14. Blk 259 | $625,000 | $5,081/m² |
| 15. Blk 449 | $617,500 | $5,412/m² |
Showing the top 15 of 35 blocks.
The median resale price over the last 24 months is $518,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $427,955–$478,729 (central estimate $453,342). Recent sales — median $465,457 — sit within that range.
The median monthly rent is $3,100/mo over the last 12 months (1 contracts).
The block was completed in 1987 and its 99-year lease runs from 1988.