SELL & RENT HDBS IN BUKIT PANJANG ESTATE
Bukit Panjang (武吉班让) is a vibrant and green HDB estate located in the West Region of Singapore. Part of the North-West CDC, it is well-connected by the Bukit Panjang MRT station, LRT system, and major expressways like the Kranji Expressway (KJE) and Bukit Timah Expressway (BKE).
Known for its lush greenery, family-friendly environment, and modern amenities, Bukit Panjang offers residents a balanced lifestyle away from the hustle and bustle of the city center.
Bukit Panjang features a diverse range of housing options, primarily HDB flats. These are some of the other HDB subzones in the Bukit Panjang HDB estate:
- Bangkit
- Fajar
- Senja
My personal connection to Bukit Panjang is both deep and transformative. My family moved here four years before I got married, making it a significant part of my young adult life.
When the time came to search for my matrimonial home, Bukit Panjang naturally became my starting point. It holds a special place in my heart as the estate where I began my house-hunting journey.
Interestingly, my interactions with property agents during this search in Bukit Panjang sparked my interest in real estate as a career.
QUICK LINKS
HDB BUKIT PANJANG BRANCH OFFICE
(a) The Name:
“Bukit Panjang” translates to “Long Hill” in Malay, referring to the ridge that once stretched from Upper Bukit Timah Road to Bukit Panjang Road.
This natural landform influenced early development and settlements in the area.
(b) Rural to Urban Transformation:
Up until the 1990s, Bukit Panjang was known for its rural charm, filled with fruit orchards, vegetable gardens, and poultry farms. Due to its contribution to the island’s food supply, it was even nicknamed Singapore’s “vegetable basket.”
The area underwent significant development with the Bukit Panjang New Town project, transforming into a modern residential estate while preserving its rustic heritage.
(c) Railway Heritage :
Bukit Panjang was once a stop on the Federated Malay States Railway, marking its historical importance in Singapore’s early transportation network. The area’s agrarian roots and key role in food production left a lasting legacy.
(d) Nature at its Doorstep:
Bukit Panjang is uniquely positioned near two nature reserves and a large nature park. The estate borders the Bukit Timah Nature Reserve and is close to the Central Catchment Nature Reserve, offering residents easy access to rich biodiversity and outdoor recreational activities.
Additionally, part of the 81-hectare Chestnut Nature Park, Singapore’s largest nature park, is located within Bukit Panjang. This park is the first in Singapore to have separate mountain biking and hiking trails, providing residents with diverse outdoor experiences right at their doorstep.
(e) Pang Sua Pond:
The estate is home to Pang Sua Pond, Singapore’s second-largest floating wetland system. It’s an eco-friendly urban feature that supports water treatment, promotes biodiversity, and serves as a recreational space for the community.
(f) Historical Quarries:
In the past, Bukit Panjang was dotted with granite quarries such as Gammon Quarry and Dairy Farm Quarry, which were crucial to Singapore’s construction industry. Today, some of these sites have been repurposed as parks and recreational areas.
(g) Integrated Transport Hub:
The Bukit Panjang Integrated Transport Hub is a modern facility that connects the MRT, LRT stations, and bus interchange. It offers seamless connections across the city, ensuring convenience and accessibility for residents.
Are you considering selling, buying or renting out your HDB flat in Bukit Panjang?
Or simply curious about the HDB housing scene in Bukit Panjang?
Check out the HDB median resale prices and rental statistics for Bukit Panjang below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN BUKIT PANJANG?
Quarterly Bukit Panjang HDB Median Resale Prices up to Q3 2024
SALE ANALYSIS FOR BUKIT PANJANG HDB RESALE FLATS
Note: All prices shown are median resale prices. The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Bukit Panjang’s resale market showed strong growth:
3-Room Flats:
- Starting median price (2020-Q1): $305,000
- Current median price (2024-Q3): $428,000
- Median price appreciation: 40.3% in ~4 years
Key Observations:
- Steady upward trajectory
- Crossed $400,000 mark in 2023-Q3
- Current median price is historical peak
4-Room Flats:
- Starting median price (2020-Q1): $411,000
- Current median price (2024-Q3): $531,000
- Median price appreciation: 29.2% in ~4 years
Key Observations:
- Steady appreciation
- Crossed $500,000 mark in 2023-Q3
- Recent peak of $538,000 in 2024-Q2
5-Room Flats:
- Starting median price (2020-Q1): $520,000
- Current median price (2024-Q3): $661,000
- Median price appreciation: 27.1% in ~4 years
Key Observations:
- Current price is historical peak
- Crossed $600,000 mark in 2022-Q3
Executive Flats:
- Starting median price (2020-Q1): $580,000
- Current median price (2024-Q3): $868,900
- Median price appreciation: 49.8% in ~4 years
Key Observations:
- Sporadic transaction data
- Crossed $800,000 mark in 2024-Q1
- Current price level is a historical peak
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- Starting median price (2007-Q2): $155,500
- Current median price (2024-Q3): $428,000
- Total median price appreciation: 175.2%
4-Room Flats:
- Starting median price (2007-Q2): $220,500
- Current median price (2024-Q3): $531,000
- Total median price appreciation: 140.8%
5-Room Flats:
- Starting median price (2007-Q2): $280,000
- Current median price (2024-Q3): $661,000
- Total median price appreciation: 136.1%
Executive Flats:
- Starting median price (2007-Q2): $344,000
- Current median price (2024-Q3): $868,900
- Total median price appreciation: 152.6%
P.S. HDB provides the median resale price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graphs for the 3-room & executive HDB flats in Bukit Panjang have gaps. There were less than 20 transactions in those quarters.
HIGHEST RESALE PRICE
Highest resale price achieved for the different Bukit Panjang HDB flat types in 2024-Q3:
a) HDB 3-room flat: $530,000 @ 633D Senja Road
b) HDB 4-room flat: $770,000 @ 176 Lompang Road
c) HDB 5-room flat: $900,000 @ 606 Senja Road
d) HDB executive flat: $1,100,000 @ 183 Jelebu Road
Looking to sell your Bukit Panjang HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
HOW ARE HDB RENTAL PRICES IN BUKIT PANJANG?
Quarterly Bukit Panjang HDB Median Rental Prices up to Q3 2024
RENTAL ANALYSIS FOR BUKIT PANJANG HDB FLATS
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Bukit Panjang’s HDB rental market showed huge growth:
3-Room Flats:
- 2020-Q1: $1,550 → 2024-Q3: $2,500
- Increase: +61.3%
4-Room Flats:
- 2020-Q1: $1,775 → 2024-Q3: $3,000
- Increase: +69%
5-Room Flats:
- 2020-Q1: $1,890 → 2024-Q3: $3,200
- Increase: +69.3%
Executive Flats:
- 2020-Q1: $2,000 → Limited recent data
- Latest rate (2024-Q2): $3,530
Key Observations:
- Steepest rise began in 2022 due to post-pandemic demand
- 5-room flats saw highest percentage increase
- Current rental gap between flat types: $200-$500
- Executive flats show intermittent transaction volume
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- 2010-Q1: $1,280 → 2024-Q3: $2,500
- Total Growth: +95.3%
4-Room Flats:
- 2007-Q2: $1,100 → 2024-Q3: $3,000
- Total Growth: +172.7%
5-Room Flats:
- 2007-Q2: $1,250 → 2024-Q3: $3,200
- Total Growth: +156%
P.S. HDB provides the median rental price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for HDB executive flats in Bukit Panjang has gaps. There were less than 20 transactions for a number quarters.
HIGHEST RENT
Highest rent achieved for the different Bukit Panjang HDB flat types in 2024-Q3:
a) HDB 3-room flat: $3,000 @ multiple locations
b) HDB 4-room flat: $3,800 @ 171 Gangsa Road
c) HDB 5-room flat: $4,200 @ 480 Segar Road
d) HDB executive flat: $4,200 @ multiple locations
Looking to rent out your Bukit Panjang HDB flat or explore your options?
I’ve helped many landlords. I can help you, too.
Check out the sales & rental trends in other HDB towns in Singapore.
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Jack is a straightforward guy who can lets me know if things can or cannot be done. He tries to do his best for both tenant and landlord so that we all meet middle ground. Thanks Jack!
I'm truly grateful for my experience working with Jack Sheo. I found his website while searching for a Singapore property agent to help sell my property, and I couldn't have made a better choice. From our first meeting, Jack's knowledge and professionalism stood out. He has a wonderful way of making you feel at ease. Talking with him felt like discussing my property with a knowledgeable friend who genuinely cared about my needs. His insights were valuable, and I appreciated that he never pressured me. Throughout the entire selling process, Jack was an invaluable guide. He patiently walked me through each step, turning what could have been a stressful experience into a manageable journey. When he learned I was overwhelmed with work, he even arranged for my furniture disposal. A gesture that genuinely touched me. Reading other reviews, I see that my positive experience isn't unique. Jack consistently delivers excellent service to his clients. I'm so thankful for my smooth and positive property sale experience. Jack, you're truly exceptional at what you do. Thank you for making this process so much easier and more pleasant than I ever expected. If you're in need of a property agent in Singapore, I wholeheartedly recommend Jack Sheo. His dedication and expertise made all the difference in my experience, and I'm confident he'll do the same for you.
Jack was very helpful & responsive with the Singapore real estate questions that I had. It was a pleasure talking to him.
Let me start by saying Jack isn't a typical Singapore property agent. I didn't feel any pressure from him, which isn't typical of property agents. He's been very proactive & professional in assisting me with the sale & rental of my property. Always helpful with suggestions & advice that are backed up by sound analysis of the situation and the real estate market. I have full confidence recommending him to anyone in need of a property agent in Singapore.
I had the pleasure to work with Jack for rental of our home and I couldn't be happier with the experience. From start to finish, Jack demonstrated exceptional professionalism, dedication and market knowledge. Jack took the time to understand our requirements ensuring that the tenant who viewed were good fit. He is always available to answer my doubts and questions, provide insights and offer invaluable advice. What truly set Jack apart was his commitment to making the process as smooth and stress free as possible. He handled all details in great care from arranging for viewings, negotiating term and finalizing the paper work. He also went the extra mile to help us tie up loose ends after we have left SG. I highly recommend Jack to anyone in need for a top notch real estate consultant/agent.
WHAT BRINGS YOU HERE TODAY?
Are you wondering what to do in today’s market?
Perhaps you already have a clear mind of what you want to do?
In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.
Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience.
