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Block 123 Pending Road

3 Room · 4 Room · Built 1988 · 61 years remaining lease · Last sale Sep 2026·Data as of Oct 2026 MOP Cleared

Block 123 Pending Road has 24 recorded HDB resale transactions since 2017. Latest sale: $540,000 (Sep 2026, 4 room, floors 04–06). Median $4,712/sqm. Prices up 35.4% over the past five years. Built 1988, 61 years lease remaining.

Blk 123 at $374K sits 22% below Bukit Panjang's $477K town median, pricier than 12% of its 335 priced blocks. See all HDB prices in Bukit Panjang →

Latest Sale
$540,000
Sep 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,712
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +35.4%
Median price change
Median Price ?
Top 89%
#297 / 335 Top 89%
Latest Sale ?
Top 67%
#223 / 335 Top 67%
Value ($/sqm) ?
Top 47%
#157 / 335 Top 47%
5-Year Growth ?
Top 31%
#80 / 254 Top 31%
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
--
How we estimate this →
Future Value Projection
▲
Market Appreciation
+6.2%/yr
vs
▼
Lease Decay
−0.49%/yr
Growth assumption
Based on this block’s +35.4% 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 2 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/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
3-Room $2,600 typically $2,450–$2,750 6.8% Bukit Panjang avg · block too thin
4-Room $3,000 typically $2,900–$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).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

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.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 123 Pending Road in Bukit Panjang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Panjang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2026 04 TO 06 4 ROOM 103 sqm $540,000 $5,243
Mar 2026 07 TO 09 3 ROOM 73 sqm $445,000 $6,096
Jul 2025 04 TO 06 3 ROOM 73 sqm $445,000 $6,096
Mar 2025 10 TO 12 4 ROOM 103 sqm $541,000 $5,252
Dec 2024 01 TO 03 3 ROOM 73 sqm $380,000 $5,205
Dec 2024 07 TO 09 4 ROOM 103 sqm $528,000 $5,126
Jul 2024 01 TO 03 3 ROOM 73 sqm $385,000 $5,274
Jun 2024 01 TO 03 3 ROOM 73 sqm $395,000 $5,411
May 2024 04 TO 06 4 ROOM 103 sqm $505,000 $4,903
May 2023 04 TO 06 3 ROOM 73 sqm $371,000 $5,082
Feb 2023 07 TO 09 3 ROOM 73 sqm $365,000 $5,000
Feb 2023 01 TO 03 4 ROOM 103 sqm $420,000 $4,078
Nov 2022 10 TO 12 3 ROOM 73 sqm $375,000 $5,137
Jul 2022 04 TO 06 3 ROOM 73 sqm $330,000 $4,521
Jul 2021 07 TO 09 3 ROOM 73 sqm $317,000 $4,342
Jun 2021 07 TO 09 4 ROOM 103 sqm $430,000 $4,175
Apr 2021 07 TO 09 3 ROOM 73 sqm $306,000 $4,192
Feb 2021 07 TO 09 3 ROOM 73 sqm $315,000 $4,315
Dec 2019 01 TO 03 4 ROOM 103 sqm $330,000 $3,204
Nov 2019 04 TO 06 3 ROOM 73 sqm $290,000 $3,973
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Pending Road

Block 123 Pending Road is priced at the value end of Bukit Panjang, its $374,000 median lower than about 88% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across 3 room, 4 room flats priced from $276,000 to $541,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $540,000 in Sep 2026, and the median works out to $4,712/sqm. Over five years, prices here are up about 35.4%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8781, equivalent to roughly 0.49% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 123 Pending Road worth?

The most recent resale transaction at Block 123 Pending Road was $540,000 for a 4 room flat in 2026-09. The median price per square metre across all flat types is $4,712, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Pending Road?

Block 123 Pending Road was built in 1988 and has approximately 61 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 123 Pending Road?

Block 123 Pending Road in Bukit Panjang contains 3 room, 4 room flats. Resale prices range from $276,000 to $541,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123 Pending Road gone up or down?

Resale prices at Block 123 Pending Road have increased by approximately 35.4% over the past five years. The current median price is $374,000, with the most recent sale at $540,000 in 2026-09.

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