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Block 416 Pandan Gardens

3 Room · Built 1982 · 55 years remaining lease · Updated Aug 2025 MOP Cleared

Block 416 Pandan Gardens has 11 recorded HDB resale transactions since 2017. Latest sale: $345,000 (Aug 2025, 3 room, floors 01–03). Median $4,189/sqm. Prices up 15% over the past five years. Built 1982, 55 years lease remaining.

Latest Sale
$345,000
Aug 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,189
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
▲ +15%
Median price change
Median Price ?
Top 96%
#214 / 224 Top 96%
Latest Sale ?
Top 96%
#214 / 224 Top 96%
Value ($/sqm) ?
Top 80%
#179 / 224 Top 80%
5-Year Growth ?
Top 94%
#151 / 160 Top 94%
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
+2.8%/yr
vs
Lease Decay
−0.60%/yr
Growth assumption
Based on this block’s +15% 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 55 years remaining 99 years
55 years 9 months
Remaining lease
↓ 0.60%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 55 years remaining, decay is gradual (~0.60%/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 Jurong East average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,500–$3,000 8.1% Jurong East 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).
Primary schools nearby

No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2025 01 TO 03 3 ROOM 74 sqm $345,000 $4,662
Mar 2025 04 TO 06 3 ROOM 74 sqm $310,000 $4,189
Feb 2025 01 TO 03 3 ROOM 74 sqm $370,000 $5,000
Jan 2024 04 TO 06 3 ROOM 74 sqm $322,000 $4,351
Jan 2024 04 TO 06 3 ROOM 74 sqm $330,000 $4,459
May 2023 04 TO 06 3 ROOM 74 sqm $320,000 $4,324
Dec 2021 01 TO 03 3 ROOM 74 sqm $300,000 $4,054
Feb 2020 01 TO 03 3 ROOM 74 sqm $233,000 $3,149
Jul 2018 04 TO 06 3 ROOM 74 sqm $268,888 $3,634
Jun 2018 04 TO 06 3 ROOM 74 sqm $228,000 $3,081
Jan 2018 04 TO 06 3 ROOM 74 sqm $266,000 $3,595
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 416 Pandan Gardens

Block 416 at Pandan Gardens is a residential HDB block in Jurong East, Singapore, built in 1982 with approximately 55 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $228,000 to $370,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $345,000 in 2025-08. The current median price per square metre is $4,189. Over the past five years, resale prices at this block have increased by approximately 15%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8531, with an annual lease decay rate of approximately 0.60%. 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 416 Pandan Gardens worth?

The most recent resale transaction at Block 416 Pandan Gardens was $345,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $4,189, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 416 Pandan Gardens?

Block 416 Pandan Gardens was built in 1982 and has approximately 55 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 0.60%, meaning the leasehold value decreases by approximately 0.60% per year at the current remaining lease.

What flat types are available at Block 416 Pandan Gardens?

Block 416 Pandan Gardens in Jurong East contains 3 room flats. Resale prices range from $228,000 to $370,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 416 Pandan Gardens gone up or down?

Resale prices at Block 416 Pandan Gardens have increased by approximately 15% over the past five years. The current median price is $310,000, with the most recent sale at $345,000 in 2025-08.

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