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Block 218 Petir Road

4 Room · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$470,000
Mar 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$3,541
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 91%
#305 / 335 Top 91%
Latest Sale ?
Top 85%
#286 / 335 Top 85%
Value ($/sqm) ?
Top 98%
#327 / 335 Top 98%
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
−0.50%/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 60 years remaining 99 years
60 years 3 months
Remaining lease
↓ 0.50%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.50%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 04 TO 06 4 ROOM 84 sqm $470,000 $5,595
Jul 2025 10 TO 12 4 ROOM 84 sqm $500,000 $5,952
Oct 2022 07 TO 09 4 ROOM 84 sqm $405,000 $4,821
Jun 2022 10 TO 12 4 ROOM 84 sqm $395,000 $4,702
Apr 2022 10 TO 12 4 ROOM 84 sqm $408,000 $4,857
Jan 2022 07 TO 09 4 ROOM 104 sqm $470,000 $4,519
Nov 2020 01 TO 03 4 ROOM 104 sqm $363,700 $3,497
Nov 2019 07 TO 09 4 ROOM 84 sqm $291,000 $3,464
Nov 2019 10 TO 12 4 ROOM 84 sqm $306,000 $3,643
Sep 2019 04 TO 06 4 ROOM 104 sqm $337,000 $3,240
Aug 2019 01 TO 03 4 ROOM 84 sqm $270,000 $3,214
Apr 2019 04 TO 06 4 ROOM 104 sqm $360,000 $3,462
Jul 2018 10 TO 12 4 ROOM 84 sqm $300,000 $3,571
Mar 2018 07 TO 09 4 ROOM 84 sqm $288,000 $3,429
Dec 2017 07 TO 09 4 ROOM 104 sqm $365,000 $3,510
May 2017 10 TO 12 4 ROOM 104 sqm $355,000 $3,413
Mar 2017 10 TO 12 4 ROOM 84 sqm $318,000 $3,786
Jan 2017 07 TO 09 4 ROOM 104 sqm $356,000 $3,423
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 218 Petir Road

Block 218 at Petir Road is a residential HDB block in Bukit Panjang, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $270,000 to $500,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $470,000 in 2026-03. The current median price per square metre is $3,541. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8742, with an annual lease decay rate of approximately 0.50%. 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 218 Petir Road worth?

The most recent resale transaction at Block 218 Petir Road was $470,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $3,541, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 218 Petir Road?

Block 218 Petir Road was built in 1987 and has approximately 60 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.

What flat types are available at Block 218 Petir Road?

Block 218 Petir Road in Bukit Panjang contains 4 room flats. Resale prices range from $270,000 to $500,000 based on historical transaction records from data.gov.sg.

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