How Much Is a Flat at Block 241 Bt Panjang Ring Rd Worth?

4 Room, 5 Room · Built 1988 · 61 years 06 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$600,000

2026-02 · 5 Room

Median $/sqm

$4,508

Based on 15 txns

Total Txns

15

Since data available

5-Yr Trend

▲36.9%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

3.7 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Act Soon
0 yrs 61 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 61 years of lease left. A buyer who purchases today and waits out their 5-year MOP will be selling a flat under 60 years — which means their buyers face CPF and loan limits. Savvy buyers know this. It shrinks your pool and puts downward pressure on price.

An experienced agent can help you find motivated buyers and close before this becomes a bigger factor.

Transaction History 15 total

Date Floor Type sqm Price $/sqm
2026-02 04 TO 06 5 Room 122 $600,000 $4,918
2025-07 10 TO 12 5 Room 122 $690,000 $5,656
2024-12 01 TO 03 4 Room 108 $520,000 $4,815
2024-07 07 TO 09 5 Room 122 $688,000 $5,639
2024-07 04 TO 06 5 Room 122 $610,000 $5,000
2023-04 10 TO 12 4 Room 108 $488,888 $4,527
2023-04 04 TO 06 4 Room 104 $480,000 $4,615
2023-02 01 TO 03 5 Room 122 $550,000 $4,508
2021-05 01 TO 03 4 Room 104 $375,000 $3,606
2020-12 07 TO 09 5 Room 122 $480,000 $3,934
2020-12 01 TO 03 5 Room 122 $443,000 $3,631
2020-08 07 TO 09 4 Room 104 $355,000 $3,413
2020-06 04 TO 06 5 Room 122 $420,000 $3,443
2018-07 04 TO 06 4 Room 108 $330,000 $3,056
2018-06 07 TO 09 5 Room 122 $425,000 $3,484
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About Block 241 Bt Panjang Ring Rd

Flats at Block 241 Bt Panjang Ring Rd have been selling at a median of $4,918/sqm — down 13.0% over the last 6 months, mainly 5-room flats at $600,000 median, with 1 transaction recorded.

The block is a 4-minute walk from Bangkit LRT Station (324m) and is near Fajar Shopping Centre mall (54m, 1 min walk). It is also near Zhenghua Primary School (632m, 8 min walk), Beacon Primary School (778m, 10 min walk), and Bukit Panjang Primary School (1126m, 14 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 241 Bt Panjang Ring Rd?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

BANGKIT LRT STATION 324m · 4 min
PENDING LRT STATION 492m · 6 min

Nearby Schools

ZHENGHUA PRIMARY SCHOOL 632m · 8 min
BEACON PRIMARY SCHOOL 778m · 10 min
BUKIT PANJANG PRIMARY SCHOOL 1126m · 14 min

Hawker Centres

Bukit Panjang Hawker Centre 363m · 5 min

Parks

CASHEW CRESCENT FC PG 1200m · 15 min

Community Facilities

Bukit Panjang CC 576m · 7 min

Other Blocks on Bt Panjang Ring Rd

Frequently Asked Questions

How much is a flat at Block 241 Bt Panjang Ring Rd?

Based on 15 recorded transactions, the median resale price ranges from $427,500 (4 Room) to $550,000 (5 Room). The most recent sale was $600,000 in 2026-02.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $520,000
5 Room $649,000

What is my flat worth at Block 241?

The overall median resale price at Block 241 Bt Panjang Ring Rd is $584,500. Prices have risen 36.9% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 241?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 241 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 241?

Block 241 has recorded 15 resale transactions — roughly 0.6 sales per month over the past 24 months. The latest transaction closed in 2026-02.

What flat types are available at Block 241?

Block 241 Bt Panjang Ring Rd has 4 Room, 5 Room units. Median prices range from $427,500 to $550,000.

How much can I unlock to upgrade if I sell my HDB at Block 241?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 241?

Block 241 was built in 1988 with a 99-year lease. It has approximately 61 years 06 months remaining.

Does Block 241's remaining lease affect its resale value?

At 61 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 241 Bt Panjang Ring Rd?

Flats at Block 241 Bt Panjang Ring Rd have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $649,000 excl. levy $13,560 to $15,060