Blk 242 Bukit Panjang Ring Road
About 242 Bt Panjang Ring Rd
242 Bukit Panjang Ring Road is an HDB block located in Bukit Panjang. It has 4 room and 5 room units and the highest floor is 12. The block was completed in 1987 and the lease with HDB commenced in 1988. This means that the remaining lease period is approximately 70 years 11 months. The unit floor size are 104, 108 and 122sqm. The latest resale transaction was in Jul 2024 and the highest transacted price was recorded in Jul 2024 for a 4 room unit at $500,000.
There are several primary schools located within 1km of block 242, including Zhenghua Primary School, Beacon Primary School and Bukit Panjang Primary School.
For secondary education, the nearby schools include Greenridge Secondary School.
There are also 8 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $418,000 | $459,000 | $500,000 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $3,200 | $3,200 | $3,200 | 2 |
| 5 room | $1,700 | $1,950 | $2,500 | 4 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room units at 242 Bukit Panjang Ring Road.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 2 resale transactions in the last 3 years for units in block 242 Bukit Panjang Ring Road, with the latest one recorded in Jul 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jul 2024 | $500,000 | $4,808 | 4 Room | Blk 242 Bukit Panjang Ring Road 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1988 |
| Nov 2021 | $418,000 | $4,019 | 4 Room | Blk 242 Bukit Panjang Ring Road 4 Room / 104 sqm | 01 to 03 | 104 sqm | Model A | 1988 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room units at 242 Bukit Panjang Ring Road.
- 4 room rental : Stable trend
- 5 room rental : Stable trend
- 4 room rental price : Stable trend
- 5 room rental price : Trending up
Rental transaction details and prices
There were a total of 6 rental transactions in the last 3 years for units in block 242 Bukit Panjang Ring Road. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $2,500 | 5 Room | Blk 242 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Nov 2023 | $1,800 | 5 Room | Blk 242 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Aug 2023 | $3,200 | 4 Room | Blk 242 Bukit Panjang Ring Road 4 Room | Bukit Panjang |
| May 2023 | $1,800 | 5 Room | Blk 242 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Nov 2022 | $1,700 | 5 Room | Blk 242 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Jul 2022 | $3,200 | 4 Room | Blk 242 Bukit Panjang Ring Road 4 Room | Bukit Panjang |
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Property information for 242 Bukit Panjang Ring Road
| Block | : | 242 |
| Street | : | Bukit Panjang Ring Road |
| Building | : | |
| Postal code | : | 670242 |
| Town | : | Bukit Panjang |
| Recorded transactions floor area | : | 104 sqm, 108 sqm, 122 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Model A |
| Lease commencement | : | 1988 |
| Year completed | : | 1987 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |