Blk 242 Bukit Panjang Ring Road — HDB resale prices
HDB resale prices, Bukit Panjang · built 1987
last recorded sale · Jul 2024
no resale here in the 24 months to Sep 2026
Blk 242 Bukit Panjang Ring Road is an HDB block in Bukit Panjang (completed in 1987, 12 storeys, 88 units). 74 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×48 · 5-room ×40
Median monthly rent at this block: $2,650/mo (2 rental contracts, last 12 months).
What the price model says
For a typical 4-room flat here, our price model estimates $458,128–$512,174 (central estimate $485,151). Recent sales — median $492,500 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1993 | $200,000 | $346,098 | 2 |
| 1994 | $160,000 | $268,569 | 7 |
| 1995 | $200,500 | $330,843 | 2 |
| 1996 | $281,000 | $457,363 | 2 |
| 1997 | $350,000 | $558,374 | 4 |
| 1998 | $265,000 | $423,922 | 11 |
| 1999 | $227,000 | $363,047 | 8 |
| 2000 | $225,000 | $355,059 | 5 |
| 2001 | $222,000 | $346,810 | 3 |
| 2002 | $180,500 | $283,087 | 2 |
| 2003 | $195,000 | $304,343 | 1 |
| 2004 | $218,000 | $334,645 | 3 |
| 2005 | $215,000 | $328,485 | 4 |
| 2006 | $222,000 | $335,935 | 1 |
| 2007 | $229,500 | $340,107 | 2 |
| 2008 | $264,000 | $366,890 | 1 |
| 2009 | $291,500 | $402,739 | 2 |
| 2010 | $340,000 | $456,824 | 3 |
| 2011 | $348,000 | $444,242 | 1 |
| 2012 | $421,000 | $513,890 | 2 |
| 2013 | $425,000 | $506,793 | 1 |
| 2015 | $368,800 | $437,564 | 1 |
| 2016 | $488,000 | $582,068 | 1 |
| 2017 | $460,000 | $545,524 | 1 |
| 2018 | $410,000 | $484,106 | 1 |
| 2019 | $350,000 | $410,929 | 1 |
| 2021 | $418,000 | $480,485 | 1 |
| 2024 | $500,000 | $504,515 | 1 |
Records
| Record sale | $500,000 (4-Room, 2024-07) |
|---|---|
| First recorded sale | $170,000 (1993-09) |
| Busiest year | 1998 · 11 sales |
| Total transacted | $20.2M across 74 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2024-07 | 4-Room | 04–06 | 104 m² | $500,000 |
| 2021-11 | 4-Room | 01–03 | 104 m² | $418,000 |
| 2019-05 | 4-Room | 04–06 | 108 m² | $350,000 |
| 2018-09 | 5-Room | 04–06 | 122 m² | $410,000 |
| 2017-01 | 5-Room | 10–12 | 122 m² | $460,000 |
| 2016-07 | 5-Room | 07–09 | 122 m² | $488,000 |
| 2015-05 | 4-Room | 07–09 | 108 m² | $368,800 |
| 2013-02 | 4-Room | 10–12 | 108 m² | $425,000 |
| 2012-04 | 4-Room | 01–05 | 104 m² | $392,000 |
| 2012-01 | 5-Room | 07–09 | 122 m² | $450,000 |
| 2011-04 | 4-Room | 04–06 | 104 m² | $348,000 |
| 2010-12 | 4-Room | 01–03 | 108 m² | $341,000 |
| 2010-10 | 5-Room | 01–03 | 122 m² | $340,000 |
| 2010-07 | 4-Room | 07–09 | 104 m² | $330,000 |
| 2009-01 | 5-Room | 07–09 | 122 m² | $303,000 |
| 2009-01 | 5-Room | 04–06 | 122 m² | $280,000 |
| 2008-05 | 4-Room | 07–09 | 104 m² | $264,000 |
| 2007-09 | 5-Room | 07–09 | 122 m² | $272,000 |
| 2007-05 | 4-Room | 04–06 | 104 m² | $187,000 |
| 2006-11 | 5-Room | 07–09 | 122 m² | $222,000 |
Bukit Panjang Ring Road blocks ranked by price
Showing the top 15 of 34 priced blocks.
More blocks on Bukit Panjang Ring Road
Quick answers
Is Blk 242 Bukit Panjang Ring Road fairly priced?
For a typical 4-room flat here, our price model estimates $458,128–$512,174 (central estimate $485,151). Recent sales — median $492,500 — sit within that range.
What is the rent at Blk 242 Bukit Panjang Ring Road?
The median monthly rent is $2,650/mo over the last 12 months (2 contracts).
How old is Blk 242 Bukit Panjang Ring Road?
The block was completed in 1987 and its 99-year lease runs from 1988.