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Block 141 Petir Road

4 Room · 5 Room · Built 1988 · 62 years remaining lease · Updated May 2025 MOP Cleared

Block 141 Petir Road has 12 recorded HDB resale transactions since 2017. Latest sale: $528,888 (May 2025, 4 room, floors 07–09). Median $4,159/sqm. Prices up 31.4% over the past five years. Built 1988, 62 years lease remaining.

Latest Sale
$528,888
May 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$4,159
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +31.4%
Median price change
Median Price ?
Top 62%
#207 / 335 Top 62%
Latest Sale ?
Top 71%
#238 / 335 Top 71%
Value ($/sqm) ?
Top 79%
#263 / 335 Top 79%
5-Year Growth ?
Top 49%
#118 / 243 Top 49%
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
+5.6%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Based on this block’s +31.4% 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 62 years remaining 99 years
62 years 5 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
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
May 2025 07 TO 09 4 ROOM 104 sqm $528,888 $5,085
Mar 2025 01 TO 03 5 ROOM 122 sqm $610,000 $5,000
Jan 2025 04 TO 06 5 ROOM 122 sqm $625,000 $5,123
Apr 2022 04 TO 06 4 ROOM 104 sqm $435,000 $4,183
Mar 2022 07 TO 09 4 ROOM 104 sqm $469,000 $4,510
Mar 2022 01 TO 03 5 ROOM 122 sqm $525,000 $4,303
Sep 2021 01 TO 03 4 ROOM 104 sqm $430,000 $4,135
Feb 2021 01 TO 03 4 ROOM 104 sqm $375,000 $3,606
Feb 2021 07 TO 09 5 ROOM 122 sqm $470,000 $3,852
Mar 2020 04 TO 06 4 ROOM 104 sqm $355,000 $3,413
Jul 2019 01 TO 03 5 ROOM 122 sqm $405,000 $3,320
Dec 2017 07 TO 09 4 ROOM 104 sqm $360,000 $3,462
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 141 Petir Road

Block 141 at Petir Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $355,000 to $625,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $528,888 in 2025-05. The current median price per square metre is $4,159. Over the past five years, resale prices at this block have increased by approximately 31.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8832, with an annual lease decay rate of approximately 0.46%. 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 141 Petir Road worth?

The most recent resale transaction at Block 141 Petir Road was $528,888 for a 4 room flat in 2025-05. The median price per square metre across all flat types is $4,159, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 141 Petir Road?

Block 141 Petir Road was built in 1988 and has approximately 62 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 141 Petir Road?

Block 141 Petir Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $355,000 to $625,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 141 Petir Road gone up or down?

Resale prices at Block 141 Petir Road have increased by approximately 31.4% over the past five years. The current median price is $452,000, with the most recent sale at $528,888 in 2025-05.

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