Blk 537 Bukit Panjang Ring Road — HDB resale prices
HDB resale prices, Bukit Panjang · 4-Room, 5-Room · built 1998
median resale price, last 24 months
4 sales in that window · as of Sep 2026
How it compares
Blk 537 Bukit Panjang Ring Road is an HDB block in Bukit Panjang (completed in 1998, 24 storeys, 121 units). As of Sep 2026, its median resale price over the last 24 months is $679,944, about 11% above the Bukit Panjang median, from 4 sales. 121 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×56 · 5-room ×65
Prices by flat type — last 24 months (as of Sep 2026)
On price per square metre, this block is cheaper than 37% of Bukit Panjang blocks with recent sales.
What the price model says
For a typical 5-room flat here, our price model estimates $675,049–$754,686 (central estimate $714,867). Recent sales — median $739,888 — 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 |
|---|---|---|---|
| 2003 | $250,000 | $390,183 | 21 |
| 2004 | $290,000 | $445,169 | 11 |
| 2005 | $288,000 | $440,017 | 7 |
| 2006 | $229,000 | $346,527 | 9 |
| 2007 | $270,000 | $400,126 | 7 |
| 2008 | $288,000 | $400,243 | 6 |
| 2009 | $298,000 | $411,719 | 4 |
| 2010 | $387,500 | $520,645 | 6 |
| 2011 | $480,000 | $612,748 | 3 |
| 2013 | $578,000 | $689,238 | 3 |
| 2014 | $535,000 | $631,433 | 3 |
| 2015 | $394,000 | $467,462 | 2 |
| 2016 | $380,000 | $453,250 | 6 |
| 2017 | $430,000 | $509,947 | 3 |
| 2018 | $396,000 | $467,575 | 1 |
| 2019 | $485,000 | $569,430 | 6 |
| 2020 | $520,000 | $611,576 | 3 |
| 2021 | $570,000 | $655,207 | 5 |
| 2022 | $556,500 | $602,734 | 6 |
| 2024 | $731,888 | $738,497 | 5 |
| 2025 | $620,000 | $620,000 | 3 |
| 2026 | $739,888 | $739,888 | 1 |
Records
| Record sale | $785,888 (5-Room, 2024-10) |
|---|---|
| First recorded sale | $195,000 (2003-04) |
| Busiest year | 2003 · 21 sales |
| 10-year change (real) | +63% (+5.0%/yr, 2016→2026) |
| Total transacted | $45.9M across 121 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-01 | 5-Room | 13–15 | 122 m² | $739,888 |
| 2025-09 | 5-Room | 16–18 | 122 m² | $763,000 |
| 2025-04 | 4-Room | 07–09 | 100 m² | $600,000 |
| 2025-02 | 4-Room | 13–15 | 100 m² | $620,000 |
| 2024-10 | 5-Room | 07–09 | 122 m² | $785,888 |
| 2024-08 | 5-Room | 16–18 | 121 m² | $765,000 |
| 2024-06 | 5-Room | 04–06 | 122 m² | $731,888 |
| 2024-03 | 4-Room | 07–09 | 99 m² | $540,000 |
| 2024-02 | 5-Room | 13–15 | 122 m² | $700,000 |
| 2022-11 | 4-Room | 10–12 | 100 m² | $498,000 |
| 2022-09 | 5-Room | 22–24 | 122 m² | $708,000 |
| 2022-09 | 5-Room | 07–09 | 121 m² | $632,000 |
| 2022-07 | 4-Room | 04–06 | 100 m² | $485,000 |
| 2022-03 | 4-Room | 01–03 | 100 m² | $440,000 |
| 2022-02 | 5-Room | 10–12 | 121 m² | $615,000 |
| 2021-11 | 4-Room | 07–09 | 100 m² | $469,800 |
| 2021-09 | 5-Room | 22–24 | 122 m² | $634,288 |
| 2021-08 | 4-Room | 10–12 | 99 m² | $490,000 |
| 2021-07 | 5-Room | 04–06 | 122 m² | $570,000 |
| 2021-06 | 5-Room | 16–18 | 122 m² | $625,000 |
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
How much does a flat at Blk 537 Bukit Panjang Ring Road cost?
The median resale price over the last 24 months is $679,944 (4 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 537 Bukit Panjang Ring Road fairly priced?
For a typical 5-room flat here, our price model estimates $675,049–$754,686 (central estimate $714,867). Recent sales — median $739,888 — sit within that range.
How old is Blk 537 Bukit Panjang Ring Road?
The block was completed in 1998 and its 99-year lease runs from 1999.