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Prices · Bukit Panjang · Pending Road · D23 Hillview

Block 129 Pending Road

Compare this block with another

Median, past 12 months
$853,000
$550 psf
Lease remaining
60 years
lease began 1987, runs to 2086
Postal code
670129
worked out, not published

What this block is

AddressBlock 129 Pending Road, Bukit Panjang, Singapore 670129
Flat types hereExecutive — on the evidence of 15 sales since Nov 2018, so a type that has never been resold here will not appear
Unit sizesExecutive about 1,572 sq ft
Lease99 years from 1987, expiring 2086 — 60 years left
Floors that have sold1 to 12, so the block stands at least 12 storeys
Flat modelsApartment, Maisonette
Town and districtBukit Panjang, district 23 (Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang)
Compare it withthe rest of Pending Road, Executive flats across Bukit Panjang

Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.

What a flat here really costs each month

Bought at the median price, a flat in this block works out at $1,952 for every month of the 60 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.

It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.

Cash needed up front$236,340
Mortgage interest over 25 years$270,380
Running costs over the remaining lease$259,200
Total over the lease$1,405,670
Monthly while repaying$3,394
Monthly once repaid$360

Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.

The median above is based on a single sale, so treat it as an anecdote rather than a rate.

By flat type

TypeMedianRangeSizepsfSales
Executive$690,000$515,000–$875,0001,572 sq ft44515

By floor

Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.

01 to 03$640,000394 psf7
04 to 06$835,000522 psf2
07 to 09$550,000355 psf3
10 to 12$690,000445 psf3

Year by year

2018$540,000340 psftwo sales
2019$540,000341 psffour sales
2021$665,000419 psftwo sales
2022$810,000515 psfone sale
2023$797,500511 psftwo sales
2024$819,000504 psftwo sales
2025$875,000565 psfone sale
2026$853,000550 psfone sale

15 transactions in all, from Nov 2018 to Jan 2026. The flat models recorded here are Apartment, Maisonette.