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Blk 223 Pending Road — HDB resale prices

HDB resale prices, Bukit Panjang · 3-Room, 4-Room · built 1986

$478,888

median resale price, last 24 months
3 sales in that window · as of Sep 2026

Dearer than 50% of the 25 priced blocks on Pending Roadp50

How it compares

This block$478,888Pending Road median$478,888Bukit Panjang median$610,000

Blk 223 Pending Road is an HDB block in Bukit Panjang (completed in 1986, 12 storeys, 132 units). As of Sep 2026, its median resale price over the last 24 months is $478,888, about 21% below the Bukit Panjang median, from 3 sales. 155 resale transactions have been recorded here since 1990.

Price by year

1992 · $130,0001992: $130,0001993 · $85,0001993: $85,0001994 · $87,0001994: $87,0001995 · $118,0001995: $118,0001996 · $178,0001996: $178,0001997 · $217,0001997: $217,0001998 · $153,5001998: $153,5001999 · $153,5001999: $153,5002000 · $154,0002000: $154,0002001 · $137,5002001: $137,5002002 · $139,0002002: $139,0002003 · $183,0002003: $183,0002004 · $160,0002004: $160,0002005 · $178,0002005: $178,0002006 · $173,0002006: $173,0002007 · $161,0002007: $161,0002008 · $205,0002008: $205,0002009 · $232,5002009: $232,5002010 · $267,5002010: $267,5002011 · $352,5002011: $352,5002012 · $329,5002012: $329,5002013 · $414,0002013: $414,0002014 · $334,0002014: $334,0002015 · $299,4442015: $299,4442016 · $292,0002016: $292,0002017 · $303,8002017: $303,8002018 · $303,5002018: $303,5002019 · $280,8882019: $280,8882020 · $380,0002020: $380,0002021 · $336,0002021: $336,0002022 · $360,0002022: $360,0002023 · $417,5002023: $417,5002024 · $404,0002024: $404,0002026 · $478,8882026: $478,88819922026

At a glance

1986built
1988lease from
12storeys
132dwelling units
$5,223/m²median $/m²
155resales since 1990

Unit mix (sold): 3-room ×66 · 4-room ×66

Prices by flat type — last 24 months (as of Sep 2026)

3-Room$420,000$5,753/m² · 1 sale4-Room$508,444$4,936/m² · 2 sales

Median monthly rent at this block: $2,000/mo (1 rental contracts, last 12 months).

Estimated gross rental yield: ~5.0% (Bukit Panjang average: ~6.1%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 88% of Bukit Panjang blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $364,166–$407,127 (central estimate $385,647). Recent sales — median $397,558 — 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

YearMedian (nominal)Median (today's $)Sales
1992$130,000$230,1181
1993$85,000$147,0917
1994$87,000$146,0341
1995$118,000$194,7119
1996$178,000$289,7177
1997$217,000$346,1926
1998$153,500$245,55512
1999$153,500$245,49610
2000$154,000$243,01812
2001$137,500$214,8046
2002$139,000$218,0018
2003$183,000$285,6148
2004$160,000$245,6117
2005$178,000$271,9554
2006$173,000$261,7872
2007$161,000$238,5943
2008$205,000$284,8955
2009$232,500$321,2242
2010$267,500$359,4134
2011$352,500$449,9872
2012$329,500$402,2014
2013$414,000$493,6761
2014$334,000$394,2034
2015$299,444$355,2764
2016$292,000$348,2873
2017$303,800$360,2831
2018$303,500$358,3566
2019$280,888$329,7861
2020$380,000$446,9211
2021$336,000$386,2272
2022$360,000$389,9091
2023$417,500$431,3372
2024$404,000$407,6486
2026$478,888$478,8883

Records

Record sale$538,000 (4-Room, 2026-05)
First recorded sale$130,000 (1992-12)
Busiest year1998 · 12 sales
10-year change (real)+37% (+3.2%/yr, 2016→2026)
Total transacted$33.7M across 155 sales

Recent resale transactions

MonthFlat typeStoreyAreaPrice
2026-094-Room04–06103 m²$478,888
2026-073-Room04–0673 m²$420,000
2026-054-Room04–06103 m²$538,000
2024-103-Room04–0673 m²$420,000
2024-093-Room10–1273 m²$440,000
2024-093-Room07–0973 m²$408,000
2024-093-Room01–0373 m²$400,000
2024-043-Room04–0673 m²$380,000
2024-033-Room04–0673 m²$388,000
2023-074-Room01–03103 m²$460,000
2023-033-Room04–0673 m²$375,000
2022-033-Room07–0973 m²$360,000
2021-113-Room10–1273 m²$340,000
2021-093-Room10–1273 m²$332,000
2020-114-Room04–06107 m²$380,000
2019-033-Room10–1273 m²$280,888
2018-123-Room04–0673 m²$285,000
2018-113-Room04–0673 m²$282,000
2018-104-Room01–03103 m²$335,000
2018-064-Room01–03103 m²$322,000

Pending Road blocks ranked by price

Showing the top 15 of 25 priced blocks.

More blocks on Pending Road

Quick answers

How much does a flat at Blk 223 Pending Road cost?

The median resale price over the last 24 months is $478,888 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 223 Pending Road fairly priced?

For a typical 3-room flat here, our price model estimates $364,166–$407,127 (central estimate $385,647). Recent sales — median $397,558 — sit within that range.

What is the rent at Blk 223 Pending Road?

The median monthly rent is $2,000/mo over the last 12 months (1 contracts).

How old is Blk 223 Pending Road?

The block was completed in 1986 and its 99-year lease runs from 1988.

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