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Blk 550B Segar Road

550B Segar Road comprises 4 room and 5 room HDB blocks and is located in Bukit Panjang. It was completed in year 2014 and the lease commenced in 2015. The remaining lease period with HDB is therefore approximately 95 years 03 months.

The highest floor for this block is 18. The unit floor size are 92 and 113sqm, based on past transactions data. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Oct 2024 for a 5 room unit at $720,000.

In terms of accessibility to schools, there are several primary schools located within 1km of block 550B, including West Spring Primary School, Greenridge Primary School and Beacon Primary School.

For secondary education, the nearby schools include Zhenghua Secondary School and West Spring Secondary School.

There are also 6 bus stops easily accessible from this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $480,000 $535,990 $594,000 11
5 room $720,000 $720,000 $720,000 1

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $3,500 $3,500 $3,500 1
5 room $3,500 $3,800 $4,200 3

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 550B Segar Road.

  • 4 room sales : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • 5 room price : Stable or no visible trend
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 Segar Palmview. We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 6 blocks within this HDB project/estate. Block 550B has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

3 room
Block Avg $ Min $ Max $ Units sold
548A $425,648 $390,000 $463,000 6
548B $421,600 $380,000 $460,000 5
550A $456,000 $428,000 $470,000 3
4 room
Block Avg $ Min $ Max $ Units sold
548A $527,555 $465,000 $578,000 7
548B $506,333 $468,000 $555,000 9
549A $517,667 $495,000 $546,000 3
549B $523,667 $470,000 $583,000 3
550A $522,778 $435,000 $600,000 14
550B $535,990 $480,000 $594,000 11
5 room
Block Avg $ Min $ Max $ Units sold
549A $660,698 $555,000 $721,000 14
549B $671,750 $650,000 $715,000 4
550B $720,000 $720,000 $720,000 1

There were a total of 12 resale transactions in the last 3 years for units in block 550B Segar Road, with the latest one recorded in Oct 2024.

1112
Date Resale PSM Type Location Floor Fl. Area Model Built
Oct 2024 $594,000 $6,457 4 Room Blk 550B Segar Road 4 Room / 92 sqm 10 to 12 92 sqm Model A 2015
Oct 2024 $720,000 $6,372 5 Room Blk 550B Segar Road 5 Room / 113 sqm 07 to 09 113 sqm Improved 2015
May 2024 $550,000 $5,978 4 Room Blk 550B Segar Road 4 Room / 92 sqm 04 to 06 92 sqm Model A 2015
Feb 2024 $525,888 $5,716 4 Room Blk 550B Segar Road 4 Room / 92 sqm 04 to 06 92 sqm Model A 2015
Nov 2023 $568,000 $6,174 4 Room Blk 550B Segar Road 4 Room / 92 sqm 10 to 12 92 sqm Model A 2015
Jun 2023 $550,000 $5,978 4 Room Blk 550B Segar Road 4 Room / 92 sqm 04 to 06 92 sqm Model A 2015
Apr 2023 $480,000 $5,217 4 Room Blk 550B Segar Road 4 Room / 92 sqm 04 to 06 92 sqm Model A 2015
Apr 2023 $560,000 $6,087 4 Room Blk 550B Segar Road 4 Room / 92 sqm 16 to 18 92 sqm Model A 2015
Jan 2023 $500,000 $5,435 4 Room Blk 550B Segar Road 4 Room / 92 sqm 04 to 06 92 sqm Model A 2015
Dec 2022 $550,000 $5,978 4 Room Blk 550B Segar Road 4 Room / 92 sqm 16 to 18 92 sqm Model A 2015
Sep 2022 $500,000 $5,435 4 Room Blk 550B Segar Road 4 Room / 92 sqm 07 to 09 92 sqm Model A 2015
Apr 2022 $518,000 $5,630 4 Room Blk 550B Segar Road 4 Room / 92 sqm 13 to 15 92 sqm Model A 2015

Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 550B Segar Road.

  • 4 room rental : Stable trend
  • 5 room rental : Stable trend
Rental transactions trend
  • 4 room rental price : Stable trend
  • 5 room rental price : Trending down
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 Segar Palmview. We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 6 blocks within this HDB project/estate. Block 550B has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

3 room
Block Avg $ Min $ Max $ Units rented
548A $2,550 $2,550 $2,550 2
548B $2,620 $1,400 $3,200 5
550A $2,650 $2,650 $2,650 1
4 room
Block Avg $ Min $ Max $ Units rented
548B $3,300 $3,100 $3,600 3
549A $2,700 $2,700 $2,700 1
550A $2,400 $2,400 $2,400 2
550B $3,500 $3,500 $3,500 1
5 room
Block Avg $ Min $ Max $ Units rented
549A $2,733 $2,200 $3,500 3
549B $3,433 $3,300 $3,600 3
550B $3,800 $3,500 $4,200 3

There were a total of 4 rental transactions in the last 3 years for units in block 550B Segar Road. The latest recorded one was in Jul 2024.

114
Date Rental Flat Type Location Town
Jul 2024 $3,500 5 Room Blk 550B Segar Road 5 Room Bukit Panjang
Dec 2023 $3,700 5 Room Blk 550B Segar Road 5 Room Bukit Panjang
Sep 2023 $3,500 4 Room Blk 550B Segar Road 4 Room Bukit Panjang
Nov 2022 $4,200 5 Room Blk 550B Segar Road 5 Room Bukit Panjang
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550B Segar Road

Block : 550B
Street : Segar Road
Building : Segar Palmview
Postal code : 672550
Town : Bukit Panjang
Recorded transactions floor area : 92 sqm, 113 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Improved, Model A
Lease commencement : 2015
Year completed : 2014
Max. Floor : 18
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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