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Block 168 Petir Road

4 Room · 5 Room · Built 1998 · 71 years remaining lease · Updated Dec 2025 MOP Cleared

Block 168 Petir Road has 18 recorded HDB resale transactions since 2017. Latest sale: $793,888 (Dec 2025, 4 room, floors 13–15). Median $5,387/sqm. Built 1998, 71 years lease remaining.

Latest Sale
$793,888
Dec 2025 · 4 ROOM · Floor 13-15
Median $/sqm
$5,387
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 11%
#36 / 335 Top 11%
Latest Sale ?
Top 16%
#54 / 335 Top 16%
Value ($/sqm) ?
Top 12%
#39 / 335 Top 12%
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
−0.32%/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 71 years remaining 99 years
71 years 9 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.32%/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).
Primary schools nearby

No popular school is within 1 km, but 1sits 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
Dec 2025 13 TO 15 4 ROOM 102 sqm $793,888 $7,783
May 2025 16 TO 18 4 ROOM 102 sqm $790,000 $7,745
Jul 2024 07 TO 09 4 ROOM 102 sqm $729,000 $7,147
Jul 2024 13 TO 15 5 ROOM 120 sqm $838,000 $6,983
Jun 2024 13 TO 15 5 ROOM 120 sqm $863,000 $7,192
Jan 2024 01 TO 03 5 ROOM 120 sqm $685,000 $5,708
Jan 2023 22 TO 24 4 ROOM 102 sqm $650,000 $6,373
Mar 2022 10 TO 12 5 ROOM 120 sqm $765,000 $6,375
Feb 2021 01 TO 03 5 ROOM 120 sqm $600,000 $5,000
Oct 2020 16 TO 18 4 ROOM 102 sqm $538,888 $5,283
Jul 2020 19 TO 21 5 ROOM 120 sqm $645,888 $5,382
Mar 2020 04 TO 06 5 ROOM 120 sqm $612,000 $5,100
Jan 2020 01 TO 03 4 ROOM 102 sqm $475,000 $4,657
Dec 2019 22 TO 24 5 ROOM 120 sqm $640,000 $5,333
Nov 2019 07 TO 09 5 ROOM 120 sqm $612,888 $5,107
May 2018 22 TO 24 4 ROOM 102 sqm $550,000 $5,392
Oct 2017 07 TO 09 5 ROOM 120 sqm $560,000 $4,667
Oct 2017 04 TO 06 5 ROOM 120 sqm $565,000 $4,708
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 168 Petir Road

Block 168 at Petir Road is a residential HDB block in Bukit Panjang, Singapore, built in 1998 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $475,000 to $863,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 13 TO 15 sold for $793,888 in 2025-12. The current median price per square metre is $5,387. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9153, with an annual lease decay rate of approximately 0.32%. 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 168 Petir Road worth?

The most recent resale transaction at Block 168 Petir Road was $793,888 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,387, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 168 Petir Road?

Block 168 Petir Road was built in 1998 and has approximately 71 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 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 168 Petir Road?

Block 168 Petir Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $475,000 to $863,000 based on historical transaction records from data.gov.sg.

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