Prices · Bukit Panjang · Petir Road · D23 Hillview
Block 167 Petir Road
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What this block is
| Address | Block 167 Petir Road, Bukit Panjang, Singapore 670167 |
| Flat types here | 4-room, 5-room — on the evidence of 36 sales since Feb 2017, so a type that has never been resold here will not appear |
| Unit sizes | 4-room about 1,076 sq ft, 5-room about 1,302 sq ft (1,076 to 1,302 sq ft across the block) |
| Lease | 99 years from 1998, expiring 2097 — 71 years left |
| Floors that have sold | 1 to 24, so the block stands at least 24 storeys |
| Flat models | Model A, Improved |
| Town and district | Bukit Panjang, district 23 (Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang) |
| Compare it with | the rest of Petir Road, 4-room 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 $1,439 for every month of the 71 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 | $189,144 |
| Mortgage interest over 25 years | $216,952 |
| Running costs over the remaining lease | $306,720 |
| Total over the lease | $1,226,149 |
| Monthly while repaying | $2,794 |
| 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 just two sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 4-room | $510,000 | $405,000–$745,000 | 1,076 sq ft | 474 | 27 |
| 5-room | $805,000 | $620,000–$875,000 | 1,302 sq ft | 621 | 9 |
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 | $500,000 | 460 psf | 3 |
| 04 to 06 | $493,500 | 458 psf | 4 |
| 07 to 09 | $788,888 | 606 psf | 3 |
| 10 to 12 | $518,000 | 476 psf | 9 |
| 13 to 15 | $510,000 | 471 psf | 8 |
| 16 to 18 | $629,000 | 538 psf | 4 |
| 19 to 21 | $617,944 | 571 psf | 4 |
| 22 to 24 | $805,000 | 623 psf | 1 |
Year by year
| 2017 | $430,000 | 399 psf | two sales |
| 2018 | $470,000 | 437 psf | five sales |
| 2019 | $471,044 | 435 psf | six sales |
| 2020 | $515,000 | 478 psf | four sales |
| 2021 | $542,944 | 499 psf | two sales |
| 2022 | $595,000 | 553 psf | three sales |
| 2023 | $789,444 | 605 psf | six sales |
| 2024 | $776,944 | 653 psf | four sales |
| 2025 | $747,500 | 621 psf | two sales |
| 2026 | $684,444 | 636 psf | two sales |
36 transactions in all, from Feb 2017 to May 2026. The flat models recorded here are Model A, Improved.