Blk 123 Pending Rd is an HDB block in Bukit Panjang (completed in 1986, 12 storeys, 132 units). As of Jul 2026, its median resale price over the last 24 months is $445,000, about 33% below the Bukit Panjang median, from 5 sales. 171 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Panjang |
|---|---|
| Completed | 1986 |
| Lease from | 1988 |
| Storeys | 12 |
| Dwelling units | 132 |
| Unit mix (sold) | 3-room ×66 · 4-room ×66 |
| Recorded resales | 171 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $445,000 | $6,096/m² | 3 |
| 4-Room | $534,500 | $5,189/m² | 2 |
Median monthly rent at this block: $2,750/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~7.4% (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 83% of Bukit Panjang blocks with recent sales.
For a typical 3-room flat here, our price model estimates $369,975–$413,870 (central estimate $391,923). Recent sales — median $388,477 — 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 |
|---|---|---|---|
| 1992 | $52,500 | $92,932 | 2 |
| 1993 | $87,000 | $150,552 | 6 |
| 1994 | $123,000 | $206,462 | 6 |
| 1995 | $125,000 | $206,261 | 10 |
| 1996 | $217,500 | $354,008 | 8 |
| 1997 | $267,500 | $426,757 | 4 |
| 1998 | $142,000 | $227,158 | 11 |
| 1999 | $153,900 | $246,136 | 20 |
| 2000 | $218,500 | $344,802 | 8 |
| 2001 | $133,000 | $207,774 | 12 |
| 2002 | $124,000 | $194,476 | 5 |
| 2003 | $160,000 | $249,717 | 8 |
| 2004 | $166,500 | $255,589 | 8 |
| 2005 | $186,000 | $284,178 | 4 |
| 2006 | $170,000 | $257,247 | 3 |
| 2007 | $194,500 | $288,239 | 4 |
| 2008 | $217,500 | $302,267 | 6 |
| 2009 | $232,000 | $320,533 | 3 |
| 2010 | $281,500 | $378,223 | 4 |
| 2011 | $298,000 | $380,414 | 3 |
| 2012 | $344,000 | $419,900 | 4 |
| 2013 | $370,000 | $441,208 | 3 |
| 2014 | $311,500 | $367,647 | 2 |
| 2015 | $365,000 | $433,055 | 2 |
| 2016 | $273,000 | $325,624 | 2 |
| 2017 | $276,000 | $327,315 | 1 |
| 2018 | $282,000 | $332,970 | 2 |
| 2019 | $330,000 | $387,447 | 3 |
| 2021 | $316,000 | $363,237 | 4 |
| 2022 | $352,500 | $381,786 | 2 |
| 2023 | $371,000 | $383,296 | 3 |
| 2024 | $395,000 | $398,567 | 5 |
| 2025 | $493,000 | $493,000 | 2 |
| 2026 | $445,000 | $445,000 | 1 |
| Record sale | $541,000 (4-Room, 2025-03) |
|---|---|
| First recorded sale | $45,000 (1992-01) |
| Busiest year | 1999 · 20 sales |
| 10-year change (real) | +37% (+3.2%/yr, 2016→2026) |
| Total transacted | $36.8M across 171 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-03 | 3-Room | 07 TO 09 | 73 | $445,000 |
| 2025-07 | 3-Room | 04 TO 06 | 73 | $445,000 |
| 2025-03 | 4-Room | 10 TO 12 | 103 | $541,000 |
| 2024-12 | 3-Room | 01 TO 03 | 73 | $380,000 |
| 2024-12 | 4-Room | 07 TO 09 | 103 | $528,000 |
| 2024-07 | 3-Room | 01 TO 03 | 73 | $385,000 |
| 2024-06 | 3-Room | 01 TO 03 | 73 | $395,000 |
| 2024-05 | 4-Room | 04 TO 06 | 103 | $505,000 |
| 2023-05 | 3-Room | 04 TO 06 | 73 | $371,000 |
| 2023-02 | 3-Room | 07 TO 09 | 73 | $365,000 |
| 2023-02 | 4-Room | 01 TO 03 | 103 | $420,000 |
| 2022-11 | 3-Room | 10 TO 12 | 73 | $375,000 |
| 2022-07 | 3-Room | 04 TO 06 | 73 | $330,000 |
| 2021-07 | 3-Room | 07 TO 09 | 73 | $317,000 |
| 2021-06 | 4-Room | 07 TO 09 | 103 | $430,000 |
| 2021-04 | 3-Room | 07 TO 09 | 73 | $306,000 |
| 2021-02 | 3-Room | 07 TO 09 | 73 | $315,000 |
| 2019-12 | 4-Room | 01 TO 03 | 103 | $330,000 |
| 2019-11 | 3-Room | 04 TO 06 | 73 | $290,000 |
| 2019-09 | 4-Room | 10 TO 12 | 103 | $373,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 124 | $930,000 | $6,370/m² |
| 2. Blk 129 | $860,000 | $5,924/m² |
| 3. Blk 228 | $840,000 | $5,629/m² |
| 4. Blk 120 | $622,000 | $5,197/m² |
| 5. Blk 115 | $550,000 | $5,340/m² |
| 6. Blk 126 | $540,444 | $5,247/m² |
| 7. Blk 221 | $535,000 | $5,194/m² |
| 8. Blk 121 | $532,500 | $5,220/m² |
| 9. Blk 118 | $516,000 | $5,417/m² |
| 10. Blk 116 | $495,000 | $5,194/m² |
| 11. Blk 227 | $490,944 | $5,576/m² |
| 12. Blk 225 | $480,000 | $5,589/m² |
| 13. Blk 226 | $455,000 | $5,417/m² |
| 14. Blk 123 | $445,000 | $5,252/m² |
| 15. Blk 128 | $437,500 | $5,993/m² |
Showing the top 15 of 25 blocks.
The median resale price over the last 24 months is $445,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $369,975–$413,870 (central estimate $391,923). Recent sales — median $388,477 — sit within that range.
The median monthly rent is $2,750/mo over the last 12 months (4 contracts).
The block was completed in 1986 and its 99-year lease runs from 1988.