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Blk 216 Petir Road — HDB resale prices

HDB resale prices, Bukit Panjang · 4-Room · built 1987

$550,000

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

Dearer than 65% of the 32 priced blocks on Petir Roadp65

How it compares

This block$550,000Petir Road median$521,500Bukit Panjang median$610,000

Blk 216 Petir Road is an HDB block in Bukit Panjang (completed in 1987, 12 storeys, 110 units). As of Sep 2026, its median resale price over the last 24 months is $550,000, about 10% below the Bukit Panjang median, from 3 sales. 166 resale transactions have been recorded here since 1990.

Price by year

1992 · $92,2601992: $92,2601993 · $107,5001993: $107,5001994 · $90,0001994: $90,0001995 · $103,0001995: $103,0001996 · $168,5001996: $168,5001997 · $187,5001997: $187,5001998 · $140,0001998: $140,0001999 · $200,0001999: $200,0002000 · $218,0002000: $218,0002001 · $159,5002001: $159,5002002 · $128,0002002: $128,0002003 · $148,5002003: $148,5002004 · $185,0002004: $185,0002005 · $175,0002005: $175,0002006 · $150,7502006: $150,7502007 · $173,0002007: $173,0002008 · $192,0002008: $192,0002009 · $225,0002009: $225,0002010 · $254,5002010: $254,5002011 · $335,0002011: $335,0002012 · $327,0002012: $327,0002013 · $382,5002013: $382,5002014 · $334,5002014: $334,5002015 · $317,5002015: $317,5002016 · $280,0002016: $280,0002017 · $312,5002017: $312,5002018 · $338,0002018: $338,0002019 · $263,8002019: $263,8002020 · $293,0002020: $293,0002021 · $327,5002021: $327,5002022 · $383,0002022: $383,0002023 · $376,5002023: $376,5002024 · $490,0002024: $490,0002025 · $557,5002025: $557,5002026 · $543,8882026: $543,88819922026

At a glance

1987built
1989lease from
12storeys
110dwelling units
$5,340/m²median $/m²
166resales since 1990

Unit mix (sold): 3-room ×66 · 4-room ×44

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

4-Room$550,000$5,340/m² · 3 sales

Median monthly rent at this block: $2,800/mo (5 rental contracts, last 12 months).

Estimated gross rental yield: ~6.1% (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 80% of Bukit Panjang blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $353,390–$395,080 (central estimate $374,235). Recent sales — median $389,702 — 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$92,260$163,3131
1993$107,500$186,0274
1994$90,000$151,0704
1995$103,000$169,9592
1996$168,500$274,25510
1997$187,500$299,1295
1998$140,000$223,95911
1999$200,000$319,86511
2000$218,000$344,0139
2001$159,500$249,1728
2002$128,000$200,7497
2003$148,500$231,7696
2004$185,000$283,9875
2005$175,000$267,3727
2006$150,750$228,1186
2007$173,000$256,3774
2008$192,000$266,8296
2009$225,000$310,8624
2010$254,500$341,9468
2011$335,000$427,6473
2012$327,000$399,1495
2013$382,500$456,1132
2014$334,500$394,7934
2015$317,500$376,6992
2016$280,000$333,9746
2017$312,500$370,6014
2018$338,000$399,0923
2019$263,800$309,7233
2020$293,000$344,6001
2021$327,500$376,4574
2022$383,000$414,8203
2023$376,500$388,9792
2024$490,000$494,4253
2025$557,500$557,5002
2026$543,888$543,8881

Records

Record sale$565,000 (4-Room, 2025-07)
First recorded sale$92,260 (1992-11)
Busiest year1998 · 11 sales
10-year change (real)+63% (+5.0%/yr, 2016→2026)
Total transacted$37.2M across 166 sales

Recent resale transactions

MonthFlat typeStoreyAreaPrice
2026-054-Room07–09103 m²$543,888
2025-074-Room10–12103 m²$565,000
2025-034-Room10–12103 m²$550,000
2024-053-Room04–0673 m²$395,000
2024-044-Room04–06103 m²$490,000
2024-034-Room10–12103 m²$510,000
2023-073-Room07–0973 m²$376,000
2023-033-Room04–0673 m²$377,000
2022-103-Room04–0673 m²$360,000
2022-083-Room10–1273 m²$383,000
2022-024-Room01–03103 m²$420,000
2021-113-Room01–0373 m²$335,000
2021-103-Room04–0673 m²$312,000
2021-083-Room07–0973 m²$330,000
2021-073-Room07–0973 m²$325,000
2020-103-Room10–1273 m²$293,000
2019-114-Room10–12103 m²$360,000
2019-073-Room07–0973 m²$263,800
2019-023-Room01–0373 m²$240,000
2018-114-Room04–06103 m²$338,000

Petir Road blocks ranked by price

Showing the top 15 of 32 priced blocks.

More blocks on Petir Road

Quick answers

How much does a flat at Blk 216 Petir Road cost?

The median resale price over the last 24 months is $550,000 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 216 Petir Road fairly priced?

For a typical 3-room flat here, our price model estimates $353,390–$395,080 (central estimate $374,235). Recent sales — median $389,702 — sit within that range.

What is the rent at Blk 216 Petir Road?

The median monthly rent is $2,800/mo over the last 12 months (5 contracts).

How old is Blk 216 Petir Road?

The block was completed in 1987 and its 99-year lease runs from 1989.

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