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Block 172 Gangsa Road

4 Room · 5 Room · Built 1997 · 70 years remaining lease · Updated Mar 2026 MOP Cleared

Block 172 Gangsa Road has 23 recorded HDB resale transactions since 2017. Latest sale: $700,000 (Mar 2026, 4 room, floors 07–09). Median $5,124/sqm. Built 1997, 70 years lease remaining.

Latest Sale
$700,000
Mar 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$5,124
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 19%
#63 / 335 Top 19%
Latest Sale ?
Top 26%
#88 / 335 Top 26%
Value ($/sqm) ?
Top 23%
#77 / 335 Top 23%
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
+3%/yr
vs
Lease Decay
−0.34%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 70 years remaining 99 years
70 years 9 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,000 typically $3,000–$3,200 5.1% 5 rentals here
5-Room $3,250 typically $3,100–$3,450 5.5% 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
Mar 2026 07 TO 09 4 ROOM 101 sqm $700,000 $6,931
Jul 2025 10 TO 12 5 ROOM 121 sqm $940,000 $7,769
Mar 2025 19 TO 21 4 ROOM 101 sqm $747,000 $7,396
Feb 2025 13 TO 15 5 ROOM 121 sqm $909,000 $7,512
Jun 2024 10 TO 12 4 ROOM 101 sqm $706,688 $6,997
May 2024 13 TO 15 4 ROOM 101 sqm $607,000 $6,010
May 2023 22 TO 24 5 ROOM 121 sqm $800,000 $6,612
Jun 2022 04 TO 06 4 ROOM 101 sqm $570,888 $5,652
May 2022 16 TO 18 5 ROOM 121 sqm $745,000 $6,157
Jan 2022 04 TO 06 4 ROOM 101 sqm $505,000 $5,000
Dec 2020 16 TO 18 5 ROOM 121 sqm $620,000 $5,124
Feb 2020 01 TO 03 4 ROOM 101 sqm $405,000 $4,010
Dec 2019 01 TO 03 4 ROOM 101 sqm $378,888 $3,751
Nov 2019 19 TO 21 4 ROOM 101 sqm $448,000 $4,436
Sep 2019 13 TO 15 5 ROOM 121 sqm $640,000 $5,289
Jul 2019 07 TO 09 4 ROOM 101 sqm $428,168 $4,239
Jun 2019 04 TO 06 4 ROOM 101 sqm $426,000 $4,218
Nov 2018 07 TO 09 4 ROOM 101 sqm $473,888 $4,692
Nov 2018 13 TO 15 4 ROOM 101 sqm $478,000 $4,733
Nov 2018 19 TO 21 5 ROOM 121 sqm $635,000 $5,248
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 172 Gangsa Road

Block 172 at Gangsa Road is a residential HDB block in Bukit Panjang, Singapore, built in 1997 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $378,888 to $940,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $700,000 in 2026-03. The current median price per square metre is $5,124. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9123, with an annual lease decay rate of approximately 0.34%. 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 172 Gangsa Road worth?

The most recent resale transaction at Block 172 Gangsa Road was $700,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $5,124, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 172 Gangsa Road?

Block 172 Gangsa Road was built in 1997 and has approximately 70 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 172 Gangsa Road?

Block 172 Gangsa Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $378,888 to $940,000 based on historical transaction records from data.gov.sg.

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