Block 242 Bt Panjang Ring Rd
242 Bt Panjang Ring Rd, Singapore 670242
Block 242 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1987, with 88 dwelling units. Across 74 resales on record, 4-Room flats have recently resold around S$410k (S$343 psf, 108 sqm). The lease has approximately 64 years remaining.
What are the key facts about Block 242 Bt Panjang Ring Rd?
Block 242 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1987, with 88 dwelling units.
- Town
- Bukit Panjang
- Planning area
- Bukit Panjang
- Completed
- 1987
- Storeys
- 12
- Total units
- 88
- Flat model
- Model A · Improved
- Market segment
- OCR
- Median resale
- S$410k
- Last transacted
- Jul 2024
- Remaining lease
- ≈ 64 years
What are resale prices at Block 242 Bt Panjang Ring Rd?
4-Room flats have recently resold around S$410k (S$343 psf), from 74 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 44 | S$348,000recent | 104 sqm | S$301 psf |
| 5-Room | 30 | S$280,000recent | 122 sqm | S$213 psf |
“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 Jul 2024.
What rent and yield does Block 242 Bt Panjang Ring Rd get?
Flats at Block 242 Bt Panjang Ring Rd have recently sublet for a median of S$2,400/mo, an indicative gross rental yield of about 7.0% (from 12 recent rental contracts).
Median rent
S$2,400/mo
12 recent contracts
Gross rental yield
7.0%
indicative, gross
Annual rent
S$28,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 7 | S$2,300/mo |
| 4-Room | 5 | S$3,000/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 Apr 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 242 Bt Panjang Ring Rd?
Block 242 Bt Panjang Ring Rd has 74 recorded resales; the most recent transacted at S$500,000 in Jul 2024 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jul 2024 | 4-Room | 04 TO 06 | 104 sqm | S$500,000 |
| Nov 2021 | 4-Room | 01 TO 03 | 104 sqm | S$418,000 |
| May 2019 | 4-Room | 04 TO 06 | 108 sqm | S$350,000 |
| Sept 2018 | 5-Room | 04 TO 06 | 122 sqm | S$410,000 |
| Jan 2017 | 5-Room | 10 TO 12 | 122 sqm | S$460,000 |
| Jul 2016 | 5-Room | 07 TO 09 | 122 sqm | S$488,000 |
| May 2015 | 4-Room | 07 TO 09 | 108 sqm | S$368,800 |
| Feb 2013 | 4-Room | 10 TO 12 | 108 sqm | S$425,000 |
| Apr 2012 | 4-Room | 01 TO 05 | 104 sqm | S$392,000 |
| Jan 2012 | 5-Room | 07 TO 09 | 122 sqm | S$450,000 |
| Apr 2011 | 4-Room | 04 TO 06 | 104 sqm | S$348,000 |
| Dec 2010 | 4-Room | 01 TO 03 | 108 sqm | S$341,000 |
What flat types are in Block 242 Bt Panjang Ring Rd?
Block 242 Bt Panjang Ring Rd has 88 units, mostly 4-Room flats of the Model A / Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 242 Bt Panjang Ring Rd?
Block 242 Bt Panjang Ring Rd is an HDB block in Bukit Panjang.
Block 242 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 88 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 242 Bt Panjang Ring Rd, Singapore 670242. 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 91m away, around 1 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.
How far is Block 242 Bt Panjang Ring Rd from MRT and schools?
The nearest MRT/LRT to Block 242 Bt Panjang Ring Rd is Bangkit LRT, about 91 m away (~1 min walk). 4 schools are within 1 km, including 4 primary schools.
Getting around
- Bangkit LRT91 m · ~1 min
- Pending LRT442 m · ~7 min
- Fajar LRT511 m · ~8 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Zhenghua Primary SchoolPrimary schoolwithin 1 km · P1 priority286 m
- Beacon Primary SchoolPrimary schoolwithin 1 km · P1 priority475 m
- Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority768 m
- Greenridge Primary SchoolPrimary schoolwithin 1 km · P1 priority787 m
- Greenridge Secondary SchoolSecondary school1.0 km
- Zhenghua Secondary SchoolSecondary school1.2 km
- West Spring Primary SchoolPrimary school1.2 km
- Assumption Pathway SchoolSecondary school1.3 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 242 Bt Panjang Ring Rd?
Buying a flat at Block 242 Bt Panjang Ring Rd (~S$410k) needs about S$3,268/mo in income and S$1,539/mo in repayments, after S$6,900 stamp duty and a S$103k downpayment.
Illustrative, for a buyer at the recent median resale price (S$410k) — 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$6,900
BSD, tiered
Downpayment (25%)
S$103k
cash + CPF
Monthly instalment
S$1,539/mo
25y @ 3.5%
Income required
S$3,268/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? →
Eyeing Block 242 Bt Panjang Ring Rd? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 242 Bt Panjang Ring Rd land close to the town median — fair value, no big premium.
Frequently asked questions about Block 242 Bt Panjang Ring Rd
How much does a 4-Room flat at Block 242 Bt Panjang Ring Rd cost?⌄
4-Room flats at Block 242 Bt Panjang Ring Rd have recently resold for a median of about S$410k (S$343 psf), from 74 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 242 Bt Panjang Ring Rd by flat type?⌄
4-Room ≈ S$348k; 5-Room ≈ S$280k (median resale, HDB caveats).
Is Block 242 Bt Panjang Ring Rd worth buying given its remaining lease?⌄
Block 242 Bt Panjang Ring Rd has about 64 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 242 Bt Panjang Ring Rd?⌄
Gross rental yield at Block 242 Bt Panjang Ring Rd is about 7.0%, based on a median subletting rent of about S$2,400/mo against a resale price of about S$410k. 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 242 Bt Panjang Ring Rd?⌄
For a flat at about S$410k on a 25-year HDB-style loan, you'd need roughly S$3,268/mo in household income, with repayments around S$1,539/mo after a S$103k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 242 Bt Panjang Ring Rd?⌄
The nearest MRT/LRT station to Block 242 Bt Panjang Ring Rd is Bangkit LRT, about 91 m away (~1 min walk).
Which primary schools are within 1 km of Block 242 Bt Panjang Ring Rd?⌄
Zhenghua Primary School, Beacon Primary School, Bukit Panjang Primary School, Greenridge Primary School are within 1 km of Block 242 Bt Panjang Ring Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.