Blk 533 Bukit Panjang Ring Road
About 533 Bt Panjang Ring Rd
533 Bukit Panjang Ring Road is an HDB block in Bukit Panjang. It comprises 4 room and 5 room units with the highest floor being 24. The block was completed in 1998 and the lease with HDB commenced in the year 1999. This leaves a remaining lease period of approximately 80 years 06 months.
Based on past transactions data, the unit floor size are 99, 100, 121 and 122sqm. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Mar 2024 for a 5 room unit at $688,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 533, including West View Primary School, Greenridge Primary School and West Spring Primary School.
For secondary education, the nearby schools include Zhenghua Secondary School, West Spring Secondary School and Chua Chu Kang Secondary School.
Public transportation is also convenient, with several MRT stations close to 533, including Bukit Panjang MRT Station (DT1). There are also 10 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $480,000 | $482,500 | $485,000 | 2 |
| 5 room | $650,000 | $662,667 | $688,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $3,400 | $3,400 | $3,400 | 1 |
| 5 room | $2,800 | $3,207 | $3,600 | 7 |
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 and 5 room units at 533 Bukit Panjang Ring Road.
- 4 room sales : Stable or no visible trend
- 5 room sales : Trending up
- 4 room price : Trending down
- 5 room price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Panshan Grove. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 9 blocks within this HDB project/estate. Block 533 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 5 resale transactions in the last 3 years for units in block 533 Bukit Panjang Ring Road, with the latest one recorded in Mar 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Mar 2024 | $688,000 | $5,639 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room / 122 sqm | 13 to 15 | 122 sqm | Improved | 1999 |
| Mar 2024 | $650,000 | $5,328 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room / 122 sqm | 04 to 06 | 122 sqm | Improved | 1999 |
| Jan 2024 | $650,000 | $5,328 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room / 122 sqm | 01 to 03 | 122 sqm | Improved | 1999 |
| Mar 2023 | $480,000 | $4,800 | 4 Room | Blk 533 Bukit Panjang Ring Road 4 Room / 100 sqm | 04 to 06 | 100 sqm | Model A | 1999 |
| Apr 2022 | $485,000 | $4,899 | 4 Room | Blk 533 Bukit Panjang Ring Road 4 Room / 99 sqm | 07 to 09 | 99 sqm | Model A | 1999 |
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 and 5 room units at 533 Bukit Panjang Ring Road.
- 4 room rental : Stable trend
- 5 room rental : Trending down
- 4 room rental price : Stable trend
- 5 room rental price : Trending down
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Panshan Grove. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 9 blocks within this HDB project/estate. Block 533 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
Rental transaction details and prices
There were a total of 8 rental transactions in the last 3 years for units in block 533 Bukit Panjang Ring Road. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $3,200 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Sep 2024 | $3,150 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Sep 2024 | $3,300 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Apr 2024 | $3,000 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Nov 2023 | $3,400 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Mar 2023 | $3,400 | 4 Room | Blk 533 Bukit Panjang Ring Road 4 Room | Bukit Panjang |
| Aug 2022 | $2,800 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
| Aug 2022 | $3,600 | 5 Room | Blk 533 Bukit Panjang Ring Road 5 Room | Bukit Panjang |
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Property information for 533 Bukit Panjang Ring Road
| Block | : | 533 |
| Street | : | Bukit Panjang Ring Road |
| Building | : | Panshan Grove |
| Postal code | : | 670533 |
| Town | : | Bukit Panjang |
| Recorded transactions floor area | : | 99 sqm, 100 sqm, 121 sqm, 122 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Improved, Model A |
| Lease commencement | : | 1999 |
| Year completed | : | 1998 |
| Max. Floor | : | 24 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
