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Blk 541 Bukit Panjang Ring Road

Block 541 Bukit Panjang Ring Road, Singapore 670541, is an HDB block located in Bukit Panjang and which comprises 4 room and 5 room units. The highest floor for this block is 24. It was completed in the year 1998 and lease with HDB commenced in the year 1999. Remaining lease period is approximately 81 years.

Based on our past transactions data, the unit floor size are 100, 101, 120, 121 and 122 sqm.

The latest resale transaction was in Nov 2024 while the highest transacted price was recorded in Jan 2023 for a 5 room unit at $715,000.

Primary schools located within 1km radius of 541 Bukit Panjang Ring Road include West View Primary School, Greenridge Primary School and Zhenghua Primary School.

For secondary schools, some of the nearby ones are West Spring Secondary School, Zhenghua Secondary School and Greenridge Secondary School.

In terms of accessibility to public transportation, 541 Bukit Panjang Ring Road is also close by to the Bukit Panjang MRT Station (DT1).

There are 11 bus stops within proximity of 300m.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $508,000 $534,315 $593,888 6
5 room $652,000 $679,000 $715,000 5

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $1,900 $2,733 $3,200 3

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 541 Bukit Panjang Ring Road.

  • 4 room sales : Stable or no visible trend
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • 5 room price : Trending up
Average resale price trend

Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Pangshan Grove. We will compare a total of 2 flat types (4 Room and 5 Room), across a total of 4 blocks within this HDB project/estate. Block 541 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

4 room
Block Avg $ Min $ Max $ Units sold
535 $473,333 $430,000 $520,000 3
537 $490,750 $440,000 $540,000 4
539 $490,000 $480,000 $500,000 3
541 $534,315 $508,000 $593,888 6
5 room
Block Avg $ Min $ Max $ Units sold
535 $681,444 $670,000 $692,888 2
537 $705,397 $615,000 $785,888 7
539 $715,629 $658,000 $750,000 3
541 $679,000 $652,000 $715,000 5

There were a total of 11 resale transactions in the last 3 years for units in block 541 Bukit Panjang Ring Road, with the latest one recorded in Nov 2024.

1111
Date Resale PSM Type Location Floor Fl. Area Model Built
Nov 2024 $593,888 $5,939 4 Room Blk 541 Bukit Panjang Ring Road 4 Room / 100 sqm 04 to 06 100 sqm Model A 1999
Sep 2023 $531,000 $5,310 4 Room Blk 541 Bukit Panjang Ring Road 4 Room / 100 sqm 04 to 06 100 sqm Model A 1999
Jun 2023 $508,000 $5,030 4 Room Blk 541 Bukit Panjang Ring Road 4 Room / 101 sqm 07 to 09 101 sqm Model A 1999
May 2023 $660,000 $5,410 5 Room Blk 541 Bukit Panjang Ring Road 5 Room / 122 sqm 04 to 06 122 sqm Improved 1999
Jan 2023 $715,000 $5,909 5 Room Blk 541 Bukit Panjang Ring Road 5 Room / 121 sqm 22 to 24 121 sqm Improved 1999
Nov 2022 $530,000 $5,248 4 Room Blk 541 Bukit Panjang Ring Road 4 Room / 101 sqm 10 to 12 101 sqm Model A 1999
Oct 2022 $528,000 $5,228 4 Room Blk 541 Bukit Panjang Ring Road 4 Room / 101 sqm 10 to 12 101 sqm Model A 1999
Sep 2022 $688,000 $5,639 5 Room Blk 541 Bukit Panjang Ring Road 5 Room / 122 sqm 13 to 15 122 sqm Improved 1999
Aug 2022 $652,000 $5,344 5 Room Blk 541 Bukit Panjang Ring Road 5 Room / 122 sqm 07 to 09 122 sqm Improved 1999
Apr 2022 $680,000 $5,620 5 Room Blk 541 Bukit Panjang Ring Road 5 Room / 121 sqm 16 to 18 121 sqm Improved 1999
Dec 2021 $515,000 $5,099 4 Room Blk 541 Bukit Panjang Ring Road 4 Room / 101 sqm 10 to 12 101 sqm Model A 1999

Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 541 Bukit Panjang Ring Road.

  • 4 room rental : Stable trend
Rental transactions trend
  • 4 room rental price : Trending up
Average rental price trend

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 Pangshan Grove. We will compare a total of 2 flat types (4 Room and 5 Room), across a total of 4 blocks within this HDB project/estate. Block 541 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

4 room
Block Avg $ Min $ Max $ Units rented
535 $3,400 $3,000 $3,800 2
539 $2,050 $1,800 $2,300 4
541 $2,733 $1,900 $3,200 3
5 room
Block Avg $ Min $ Max $ Units rented
535 $2,800 $2,800 $2,800 1
539 $2,900 $2,800 $3,000 2

There were a total of 3 rental transactions in the last 3 years for units in block 541 Bukit Panjang Ring Road. The latest recorded one was in Jun 2024.

113
Date Rental Flat Type Location Town
Jun 2024 $3,200 4 Room Blk 541 Bukit Panjang Ring Road 4 Room Bukit Panjang
Mar 2023 $1,900 4 Room Blk 541 Bukit Panjang Ring Road 4 Room Bukit Panjang
Mar 2022 $3,100 4 Room Blk 541 Bukit Panjang Ring Road 4 Room Bukit Panjang
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541 Bukit Panjang Ring Road

Block : 541
Street : Bukit Panjang Ring Road
Building : Pangshan Grove
Postal code : 670541
Town : Bukit Panjang
Recorded transactions floor area : 100 sqm, 101 sqm, 120 sqm, 121 sqm, 122 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Model A, Improved
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
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