HDBOCRBukit Panjang

Block 238 Bt Panjang Ring Rd

238 Bt Panjang Ring Rd, Singapore 670238

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2024 (HDB)
Quick Summary

Block 238 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1987, with 96 dwelling units. Across 101 resales on record, 5-Room flats have recently resold around S$440k (S$335 psf, 122 sqm). The lease has approximately 63 years remaining.

1

What are the key facts about Block 238 Bt Panjang Ring Rd?

Key Takeaway

Block 238 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1987, with 96 dwelling units.

Town
Bukit Panjang
Planning area
Bukit Panjang
Completed
1987
Storeys
12
Total units
96
Flat model
Model A · Improved
Market segment
OCR
Median resale
S$440k
Last transacted
Sept 2024
Remaining lease
≈ 63 years
2

What are resale prices at Block 238 Bt Panjang Ring Rd?

Key Takeaway

5-Room flats have recently resold around S$440k (S$335 psf), from 101 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
4-Room61S$346,000recent104 sqmS$309 psf
5-Room40S$440,000recent122 sqmS$335 psf

Live now: 1 flat listed for sale at this block search all listings.

“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Sept 2024.

3

What rent and yield does Block 238 Bt Panjang Ring Rd get?

Key Takeaway

Flats at Block 238 Bt Panjang Ring Rd have recently sublet for a median of S$3,100/mo, an indicative gross rental yield of about 8.5% (from 15 recent rental contracts).

Median rent

S$3,100/mo

15 recent contracts

Gross rental yield

8.5%

indicative, gross

Annual rent

S$37,200

median × 12 months

Flat typeContractsMedian rent
4-Room6S$2,600/mo
5-Room9S$3,100/mo

HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Mar 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 238 Bt Panjang Ring Rd?

Key Takeaway

Block 238 Bt Panjang Ring Rd has 101 recorded resales; the most recent transacted at S$633,000 in Sept 2024 (HDB caveat data).

DateFlat typeStoreySizePrice
Sept 20245-Room07 TO 09122 sqmS$633,000
Mar 20245-Room07 TO 09122 sqmS$615,000
Dec 20215-Room04 TO 06122 sqmS$505,000
Jun 20215-Room04 TO 06122 sqmS$465,000
May 20215-Room07 TO 09122 sqmS$488,000
Jan 20215-Room01 TO 03122 sqmS$455,000
Oct 20205-Room04 TO 06122 sqmS$440,000
Aug 20204-Room10 TO 12104 sqmS$350,000
Mar 20204-Room01 TO 03104 sqmS$330,000
Dec 20194-Room04 TO 06108 sqmS$335,000
Oct 20194-Room10 TO 12108 sqmS$329,388
Dec 20184-Room07 TO 09104 sqmS$350,000
5

What flat types are in Block 238 Bt Panjang Ring Rd?

Key Takeaway

Block 238 Bt Panjang Ring Rd has 96 units, mostly 4-Room flats of the Model A / Improved model.

Unit stock by flat type, from the HDB property information dataset.

4-Room: 575-Room: 39
6

Where is Block 238 Bt Panjang Ring Rd?

Key Takeaway

Block 238 Bt Panjang Ring Rd is an HDB block in Bukit Panjang.

Block 238 Bt Panjang Ring Rd is an HDB block located along Bt Panjang Ring Rd. The block is recorded as completed around 1987, with up to 12 storeys. It has an estimated 96 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.

The address is Block 238 Bt Panjang Ring Rd, Singapore 670238. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, the Bukit Panjang planning area. The block falls within the West Region and the OCR market segment.

The nearest rail connection is Bangkit LRT, approximately 222m away, around 4 minutes on foot. Nearby amenities include Bukit Panjang Plaza for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Bukit Panjang Hawker Centre & Market for food options, Almond Crescent Pg for greenery and recreation, and Bukit Panjang Community Club for community facilities.

7

How far is Block 238 Bt Panjang Ring Rd from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 238 Bt Panjang Ring Rd is Bangkit LRT, about 222 m away (~4 min walk). 5 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Zhenghua Primary SchoolPrimary schoolwithin 1 km · P1 priority153 m
  • Beacon Primary SchoolPrimary schoolwithin 1 km · P1 priority568 m
  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority701 m
  • Greenridge Primary SchoolPrimary schoolwithin 1 km · P1 priority749 m
  • Greenridge Secondary SchoolSecondary schoolwithin 1 km876 m
  • Zhenghua Secondary SchoolSecondary school1.1 km
  • West Spring Primary SchoolPrimary school1.2 km
  • West View Primary SchoolPrimary school1.2 km

Shops, food & parks

Mall: Bukit Panjang Plaza · 701 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 273 mHawker centre: Bukit Panjang Hawker Centre & Market · 318 mPark: Almond Crescent Pg · 746 m

Straight-line distances from the block. Source: PropKaki amenities data.

8

What does it cost to buy a flat at Block 238 Bt Panjang Ring Rd?

Key Takeaway

Buying a flat at Block 238 Bt Panjang Ring Rd (~S$440k) needs about S$3,508/mo in income and S$1,652/mo in repayments, after S$7,800 stamp duty and a S$110k downpayment.

Illustrative, for a buyer at the recent median resale price (S$440k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$7,800

BSD, tiered

Downpayment (25%)

S$110k

cash + CPF

Monthly instalment

S$1,652/mo

25y @ 3.5%

Income required

S$3,508/mo

MSR/TDSR @ stress rate

First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.

Wondering whether it will hold its value? See do HDB flats actually make money? →

Keep going in the PropKaki app

Eyeing Block 238 Bt Panjang Ring Rd? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 238 Bt Panjang Ring Rd sold for recently?

Recent sales at Block 238 Bt Panjang Ring Rd land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 238 Bt Panjang Ring Rd

How much does a 5-Room flat at Block 238 Bt Panjang Ring Rd cost?

5-Room flats at Block 238 Bt Panjang Ring Rd have recently resold for a median of about S$440k (S$335 psf), from 101 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 238 Bt Panjang Ring Rd by flat type?

4-Room ≈ S$346k; 5-Room ≈ S$440k (median resale, HDB caveats).

Is Block 238 Bt Panjang Ring Rd worth buying given its remaining lease?

Block 238 Bt Panjang Ring Rd has about 63 years left on its 99-year lease (completed 1987). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.

What is the rental yield at Block 238 Bt Panjang Ring Rd?

Gross rental yield at Block 238 Bt Panjang Ring Rd is about 8.5%, based on a median subletting rent of about S$3,100/mo against a resale price of about S$440k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.

How much do I need to earn to buy a flat at Block 238 Bt Panjang Ring Rd?

For a flat at about S$440k on a 25-year HDB-style loan, you'd need roughly S$3,508/mo in household income, with repayments around S$1,652/mo after a S$110k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 238 Bt Panjang Ring Rd?

The nearest MRT/LRT station to Block 238 Bt Panjang Ring Rd is Bangkit LRT, about 222 m away (~4 min walk).

Which primary schools are within 1 km of Block 238 Bt Panjang Ring Rd?

Zhenghua Primary School, Beacon Primary School, Bukit Panjang Primary School, Greenridge Primary School are within 1 km of Block 238 Bt Panjang Ring Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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