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Block 403 Fajar Road

4 Room · Built 1988 · 61 years remaining lease · Updated Sep 2025 MOP Cleared

Block 403 Fajar Road has 20 recorded HDB resale transactions since 2017. Latest sale: $518,000 (Sep 2025, 4 room, floors 10–12). Median $4,179/sqm. Prices up 25.7% over the past five years. Built 1988, 61 years lease remaining.

Latest Sale
$518,000
Sep 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$4,179
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +25.7%
Median price change
Median Price ?
Top 83%
#278 / 335 Top 83%
Latest Sale ?
Top 75%
#252 / 335 Top 75%
Value ($/sqm) ?
Top 77%
#258 / 335 Top 77%
5-Year Growth ?
Top 79%
#192 / 243 Top 79%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+4.7%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Based on this block’s +25.7% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 61 years remaining 99 years
61 years 11 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.47%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Panjang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,000 typically $2,850–$3,200 6.3% Bukit Panjang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
All Transactions
Date Floor Type Area Price $/sqm
Sep 2025 10 TO 12 4 ROOM 84 sqm $518,000 $6,167
May 2025 07 TO 09 4 ROOM 104 sqm $580,000 $5,577
Mar 2025 07 TO 09 4 ROOM 104 sqm $550,000 $5,288
Oct 2024 10 TO 12 4 ROOM 84 sqm $480,000 $5,714
Sep 2023 01 TO 03 4 ROOM 104 sqm $508,000 $4,885
Jan 2023 04 TO 06 4 ROOM 84 sqm $418,888 $4,987
Nov 2022 07 TO 09 4 ROOM 84 sqm $411,000 $4,893
Jun 2022 10 TO 12 4 ROOM 104 sqm $469,000 $4,510
Feb 2022 01 TO 03 4 ROOM 84 sqm $372,000 $4,429
Nov 2021 10 TO 12 4 ROOM 104 sqm $475,000 $4,567
Jan 2021 07 TO 09 4 ROOM 104 sqm $400,000 $3,846
Dec 2020 10 TO 12 4 ROOM 84 sqm $330,000 $3,929
Dec 2019 10 TO 12 4 ROOM 84 sqm $315,000 $3,750
Dec 2018 10 TO 12 4 ROOM 84 sqm $308,000 $3,667
Jun 2018 01 TO 03 4 ROOM 104 sqm $326,000 $3,135
Nov 2017 01 TO 03 4 ROOM 84 sqm $305,000 $3,631
Nov 2017 10 TO 12 4 ROOM 84 sqm $321,000 $3,821
Aug 2017 07 TO 09 4 ROOM 104 sqm $354,000 $3,404
May 2017 01 TO 03 4 ROOM 84 sqm $318,000 $3,786
Apr 2017 01 TO 03 4 ROOM 104 sqm $320,000 $3,077
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 403 Fajar Road

Block 403 at Fajar Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $305,000 to $580,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $518,000 in 2025-09. The current median price per square metre is $4,179. Over the past five years, resale prices at this block have increased by approximately 25.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8812, with an annual lease decay rate of approximately 0.47%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 403 Fajar Road worth?

The most recent resale transaction at Block 403 Fajar Road was $518,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $4,179, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 403 Fajar Road?

Block 403 Fajar Road was built in 1988 and has approximately 61 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 403 Fajar Road?

Block 403 Fajar Road in Bukit Panjang contains 4 room flats. Resale prices range from $305,000 to $580,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 403 Fajar Road gone up or down?

Resale prices at Block 403 Fajar Road have increased by approximately 25.7% over the past five years. The current median price is $386,000, with the most recent sale at $518,000 in 2025-09.

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