HDBOCRBukit Panjang

Block 429 Bt Panjang Ring Rd

429 Bt Panjang Ring Rd, Singapore 670429

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2025 (HDB)
Quick Summary

Block 429 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1988, with 64 dwelling units. Across 53 resales on record, 5-Room flats have recently resold around S$490k (S$373 psf, 122 sqm). The lease has approximately 63 years remaining.

1

What are the key facts about Block 429 Bt Panjang Ring Rd?

Key Takeaway

Block 429 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1988, with 64 dwelling units.

Town
Bukit Panjang
Planning area
Bukit Panjang
Completed
1988
Storeys
17
Total units
64
Flat model
Improved
Market segment
OCR
Median resale
S$490k
Last transacted
Jul 2025
Remaining lease
≈ 63 years
2

What are resale prices at Block 429 Bt Panjang Ring Rd?

Key Takeaway

5-Room flats have recently resold around S$490k (S$373 psf), from 53 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
5-Room53S$490,000recent122 sqmS$373 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 2025.

3

What rent and yield does Block 429 Bt Panjang Ring Rd get?

Key Takeaway

Flats at Block 429 Bt Panjang Ring Rd have recently sublet for a median of S$3,250/mo, an indicative gross rental yield of about 8.0% (from 7 recent rental contracts).

Median rent

S$3,250/mo

7 recent contracts

Gross rental yield

8.0%

indicative, gross

Annual rent

S$39,000

median × 12 months

Flat typeContractsMedian rent
5-Room7S$3,250/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 Jun 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 429 Bt Panjang Ring Rd?

Key Takeaway

Block 429 Bt Panjang Ring Rd has 53 recorded resales; the most recent transacted at S$688,000 in Jul 2025 (HDB caveat data).

DateFlat typeStoreySizePrice
Jul 20255-Room16 TO 18133 sqmS$688,000
Jul 20255-Room10 TO 12122 sqmS$720,000
May 20235-Room13 TO 15122 sqmS$585,000
Oct 20225-Room16 TO 18122 sqmS$640,000
Jul 20225-Room07 TO 09133 sqmS$595,000
Sept 20215-Room10 TO 12122 sqmS$505,000
Sept 20215-Room01 TO 03122 sqmS$490,000
Dec 20185-Room04 TO 06122 sqmS$410,000
Apr 20175-Room10 TO 12122 sqmS$430,888
Jan 20135-Room01 TO 03122 sqmS$451,000
Oct 20105-Room04 TO 06122 sqmS$370,000
Nov 20095-Room01 TO 03122 sqmS$321,000
5

What flat types are in Block 429 Bt Panjang Ring Rd?

Key Takeaway

Block 429 Bt Panjang Ring Rd has 64 units, mostly 5-Room flats of the Improved model.

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

5-Room: 64
6

Where is Block 429 Bt Panjang Ring Rd?

Key Takeaway

Block 429 Bt Panjang Ring Rd is an HDB block in Bukit Panjang.

Block 429 Bt Panjang Ring Rd is an HDB block located along Bt Panjang Ring Rd. The block is recorded as completed around 1988, with up to 17 storeys. It has an estimated 64 residential units based on the HDB property information dataset. Flat types in the block include 5-room units.

The address is Block 429 Bt Panjang Ring Rd, Singapore 670429. 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 Segar LRT, approximately 119m away, around 2 minutes on foot. Nearby amenities include Bukit Panjang Plaza for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, and Zhenghua Community Club for community facilities.

7

How far is Block 429 Bt Panjang Ring Rd from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 429 Bt Panjang Ring Rd is Segar LRT, about 119 m away (~2 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.

  • Greenridge Primary SchoolPrimary schoolwithin 1 km · P1 priority277 m
  • Beacon Primary SchoolPrimary schoolwithin 1 km · P1 priority507 m
  • West Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority522 m
  • Zhenghua Secondary SchoolSecondary schoolwithin 1 km537 m
  • Zhenghua Primary SchoolPrimary schoolwithin 1 km · P1 priority815 m
  • West Spring Secondary SchoolSecondary school1.1 km
  • West View Primary SchoolPrimary school1.2 km
  • Greenridge Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Bukit Panjang Plaza · 999 mSupermarket: Sheng Siong Supermarket Pte Ltd · 167 m

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

8

What does it cost to buy a flat at Block 429 Bt Panjang Ring Rd?

Key Takeaway

Buying a flat at Block 429 Bt Panjang Ring Rd (~S$490k) needs about S$3,906/mo in income and S$1,840/mo in repayments, after S$9,300 stamp duty and a S$123k downpayment.

Illustrative, for a buyer at the recent median resale price (S$490k) — 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$9,300

BSD, tiered

Downpayment (25%)

S$123k

cash + CPF

Monthly instalment

S$1,840/mo

25y @ 3.5%

Income required

S$3,906/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 429 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 429 Bt Panjang Ring Rd sold for recently?

Recent sales at Block 429 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 429 Bt Panjang Ring Rd

How much does a 5-Room flat at Block 429 Bt Panjang Ring Rd cost?

5-Room flats at Block 429 Bt Panjang Ring Rd have recently resold for a median of about S$490k (S$373 psf), from 53 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

Is Block 429 Bt Panjang Ring Rd worth buying given its remaining lease?

Block 429 Bt Panjang Ring Rd has about 63 years left on its 99-year lease (completed 1988). 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 429 Bt Panjang Ring Rd?

Gross rental yield at Block 429 Bt Panjang Ring Rd is about 8.0%, based on a median subletting rent of about S$3,250/mo against a resale price of about S$490k. 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 429 Bt Panjang Ring Rd?

For a flat at about S$490k on a 25-year HDB-style loan, you'd need roughly S$3,906/mo in household income, with repayments around S$1,840/mo after a S$123k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 429 Bt Panjang Ring Rd?

The nearest MRT/LRT station to Block 429 Bt Panjang Ring Rd is Segar LRT, about 119 m away (~2 min walk).

Which primary schools are within 1 km of Block 429 Bt Panjang Ring Rd?

Greenridge Primary School, Beacon Primary School, West Spring Primary School, Zhenghua Primary School are within 1 km of Block 429 Bt Panjang Ring Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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