HDBOCRBukit Panjang

Block 537 Bt Panjang Ring Rd

537 Bt Panjang Ring Rd, Singapore 670537

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

Block 537 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1998, with 121 dwelling units. Across 121 resales on record, 5-Room flats have recently resold around S$700k (S$557 psf, 121 sqm). The lease has approximately 73 years remaining.

1

What are the key facts about Block 537 Bt Panjang Ring Rd?

Key Takeaway

Block 537 Bt Panjang Ring Rd is an HDB block in Bukit Panjang, completed in 1998, with 121 dwelling units.

Town
Bukit Panjang
Planning area
Bukit Panjang
Completed
1998
Storeys
24
Total units
121
Flat model
Improved · Model A
Market segment
OCR
Median resale
S$700k
Last transacted
Jan 2026
Remaining lease
≈ 73 years
2

What are resale prices at Block 537 Bt Panjang Ring Rd?

Key Takeaway

5-Room flats have recently resold around S$700k (S$557 psf), from 121 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
4-Room53S$469,800recent100 sqmS$436 psf
5-Room68S$700,000recent122 sqmS$533 psf

Live now: 2 flats listed for sale at this block and 2 for rent 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 Jan 2026.

3

What rent and yield does Block 537 Bt Panjang Ring Rd get?

Key Takeaway

Flats at Block 537 Bt Panjang Ring Rd have recently sublet for a median of S$3,100/mo, an indicative gross rental yield of about 5.3% (from 18 recent rental contracts).

Median rent

S$3,100/mo

18 recent contracts

Gross rental yield

5.3%

indicative, gross

Annual rent

S$37,200

median × 12 months

Flat typeContractsMedian rent
5-Room6S$3,300/mo
4-Room12S$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 Jul 2025. Source: HDB rental (subletting) data.

4

What has recently sold at Block 537 Bt Panjang Ring Rd?

Key Takeaway

Block 537 Bt Panjang Ring Rd has 121 recorded resales; the most recent transacted at S$739,888 in Jan 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jan 20265-Room13 TO 15122 sqmS$739,888
Sept 20255-Room16 TO 18122 sqmS$763,000
Apr 20254-Room07 TO 09100 sqmS$600,000
Feb 20254-Room13 TO 15100 sqmS$620,000
Oct 20245-Room07 TO 09122 sqmS$785,888
Aug 20245-Room16 TO 18121 sqmS$765,000
Jun 20245-Room04 TO 06122 sqmS$731,888
Mar 20244-Room07 TO 0999 sqmS$540,000
Feb 20245-Room13 TO 15122 sqmS$700,000
Nov 20224-Room10 TO 12100 sqmS$498,000
Sept 20225-Room22 TO 24122 sqmS$708,000
Sept 20225-Room07 TO 09121 sqmS$632,000
5

What flat types are in Block 537 Bt Panjang Ring Rd?

Key Takeaway

Block 537 Bt Panjang Ring Rd has 121 units, mostly 5-Room flats of the Improved / Model A model.

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

5-Room: 654-Room: 56
6

Where is Block 537 Bt Panjang Ring Rd?

Key Takeaway

Block 537 Bt Panjang Ring Rd is an HDB block in Bukit Panjang.

Block 537 Bt Panjang Ring Rd is an HDB block located along Bt Panjang Ring Rd. The block is recorded as completed around 1998, with up to 24 storeys. It has an estimated 121 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 537 Bt Panjang Ring Rd, Singapore 670537. 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 Senja LRT, approximately 141m away, around 2 minutes on foot. Nearby amenities include Bukit Panjang Plaza for shopping, NTUC Fairprice Co-operative Ltd for groceries, Senja Hawker Centre for food options, Bukit Panjang Polyclinic for polyclinic services, and Senja-Cashew Community Centre for community facilities.

7

How far is Block 537 Bt Panjang Ring Rd from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 537 Bt Panjang Ring Rd is Senja LRT, about 141 m away (~2 min walk). 9 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.

  • West View Primary SchoolPrimary schoolwithin 1 km · P1 priority321 m
  • West Spring Secondary SchoolSecondary schoolwithin 1 km565 m
  • Greenridge Primary SchoolPrimary schoolwithin 1 km · P1 priority572 m
  • Zhenghua Secondary SchoolSecondary schoolwithin 1 km580 m
  • West Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority722 m
  • Zhenghua Primary SchoolPrimary schoolwithin 1 km · P1 priority830 m
  • Chua Chu Kang Secondary SchoolSecondary schoolwithin 1 km893 m
  • Greenridge Secondary SchoolSecondary schoolwithin 1 km908 m

Shops, food & parks

Mall: Bukit Panjang Plaza · 444 mSupermarket: NTUC Fairprice Co-operative Ltd · 340 mHawker centre: Senja Hawker Centre · 448 m

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

8

What does it cost to buy a flat at Block 537 Bt Panjang Ring Rd?

Key Takeaway

Buying a flat at Block 537 Bt Panjang Ring Rd (~S$700k) needs about S$5,580/mo in income and S$2,628/mo in repayments, after S$15,600 stamp duty and a S$175k downpayment.

Illustrative, for a buyer at the recent median resale price (S$700k) — 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$15,600

BSD, tiered

Downpayment (25%)

S$175k

cash + CPF

Monthly instalment

S$2,628/mo

25y @ 3.5%

Income required

S$5,580/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 537 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 537 Bt Panjang Ring Rd sold for recently?

Recent sales at Block 537 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 537 Bt Panjang Ring Rd

How much does a 5-Room flat at Block 537 Bt Panjang Ring Rd cost?

5-Room flats at Block 537 Bt Panjang Ring Rd have recently resold for a median of about S$700k (S$557 psf), from 121 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 537 Bt Panjang Ring Rd by flat type?

4-Room ≈ S$470k; 5-Room ≈ S$700k (median resale, HDB caveats).

Is Block 537 Bt Panjang Ring Rd worth buying given its remaining lease?

Block 537 Bt Panjang Ring Rd has about 73 years left on its 99-year lease (completed 1998). 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 537 Bt Panjang Ring Rd?

Gross rental yield at Block 537 Bt Panjang Ring Rd is about 5.3%, based on a median subletting rent of about S$3,100/mo against a resale price of about S$700k. 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 537 Bt Panjang Ring Rd?

For a flat at about S$700k on a 25-year HDB-style loan, you'd need roughly S$5,580/mo in household income, with repayments around S$2,628/mo after a S$175k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 537 Bt Panjang Ring Rd?

The nearest MRT/LRT station to Block 537 Bt Panjang Ring Rd is Senja LRT, about 141 m away (~2 min walk).

Which primary schools are within 1 km of Block 537 Bt Panjang Ring Rd?

West View Primary School, Greenridge Primary School, West Spring Primary School, Zhenghua Primary School are within 1 km of Block 537 Bt Panjang Ring Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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