139 Petir Road HDB Price Trends: Key Insights for Buyers
139 Petir Road HDB in Bukit Panjang shows steady price growth, with the highest recent resale at S$535,000 for a 4-room unit in March 2025 and 3-room units transacting around S$408,000 to S$440,000 over the last three years.[1] This 1988-built, 99-year leasehold block offers affordable entry into a mature estate with good amenities. Homejourney verifies this data to help you make trusted decisions in Singapore's HDB resale market.
As part of our comprehensive 139 Petir Road HDB Guide: Bukit Panjang Complete Insights | Homejourney ">139 Petir Road HDB Guide, this analysis focuses on price trends, providing actionable insights for first-time buyers, upgraders, and investors targeting Bukit Panjang HDB properties.
Recent Resale Transactions at 139 Petir Road
Over the past three years, Block 139 Petir Road recorded 7 resale transactions, indicating moderate turnover in this established Bukit Panjang location.[1] Prices have trended upwards, reflecting demand for well-connected HDB flats near Pending LRT.
Key recent sales include:
- Dec 2024: 3-room (73 sqm), S$440,000 (S$6,027 psf), floors 07-09[1]
- May 2024: 4-room (103 sqm), S$490,888 (S$4,766 psf), floors 07-09[1]
- Jan 2024: 3-room (73 sqm), S$420,000 (S$5,753 psf), floors 10-12[1]
- Apr 2023: 4-room (103 sqm), S$488,000 (S$4,738 psf), floors 10-12[1]
Higher floors command premiums, with 4-room units averaging around S$490,000 recently. Current listings hover at S$548,000, suggesting potential for negotiation in a stabilizing market.[3][6]
Price Per Square Foot Analysis
3-room units (Model A, 73 sqm) trade at S$5,589–S$6,027 psf, while 4-room units (103 sqm) range from S$4,738–S$4,766 psf.[1] This aligns with Bukit Panjang HDB resale trends, where psf values have risen 10-15% since 2022 due to improved connectivity.[1]
| Flat Type | Size (sqm) | Recent Avg Price | Avg PSF |
|---|---|---|---|
| 3-Room | 73 | S$420K–S$440K | S$5,753–S$6,027 |
| 4-Room | 103 | S$488K–S$535K | S$4,738–S$5,200 |
Note: Prices based on HDB resale data; actual values vary by condition and floor level.[1]
Rental Market Trends for 139 Petir Road HDB
Rental yields remain attractive, with 3-room units at S$1,100–S$2,800 monthly and 4-room at S$3,400.[1][2] February 2025 saw a 3-room rental at S$1,100, while October 2024 had a 4-room at S$3,400, showing stability amid Bukit Panjang's family appeal.[1]
Petir Road rentals average S$2,500–S$3,400 for 4-rooms across nearby blocks, supporting investor interest.[2] Homejourney's verified data helps you assess yields safely before committing.
Bukit Panjang Market Context and 139 Petir Road Positioning
Built in 1988 with MOP in 1992, 139 Petir Road benefits from proximity to Bukit Panjang Primary (1km) and Zhenghua Primary, plus Pending LRT (walking distance).[1][10] Bukit Panjang HDB resale prices have stabilized post-2024 cooling measures, with Petir Road flats offering value versus newer BTOs.
Compared to Ang Mo Kio HDB (see our 622 Ang Mo Kio Avenue 9 HDB Investment Analysis: Growth Potential ">622 Ang Mo Kio analysis), Petir Road provides better transport links via Downtown Line extensions, boosting long-term appreciation.
Financial Considerations for Buyers
First-time buyers can use CPF for downpayments under MSR limits (30% of income). LTV is 75% for HDB resale, with ABSD at 17% for foreigners (2026 rates).[HDB official policy] Check Bank Rates ">Homejourney's mortgage rates for latest financing options.
Breakdown for a S$500,000 4-room purchase:
- Downpayment: 25% (S$125,000, CPF eligible)
- Stamp Duty: ~S$15,000 (BSD)
- Agent/Legal Fees: S$5,000–S$10,000
- Total Cash Needed: ~S$50,000+ (post-CPF)
Always consult HDB for eligibility; Homejourney prioritizes transparency to avoid surprises.
Actionable Steps to Buy at 139 Petir Road
- Verify Eligibility: Use HDB portal for HDB ownership rules and CPF usage.
- Search Listings: Explore via Property Search ">Homejourney's property search for verified 139 Petir Road options.
- Analyze Trends: Compare with Projects Directory ">projects directory for Bukit Panjang benchmarks.
- View & Negotiate: Insider tip: Low-floor units (04-06) sell faster; aim 5-10% below ask in current market.[1]
- Secure Financing: Pre-approve loans; factor TDSR (55% debt ratio).
- Post-Purchase: Plan maintenance with Aircon Services ">Homejourney aircon services.
This step-by-step ensures safe transactions, aligning with Homejourney's user safety focus.
Pros, Cons, and Decision Framework
| Pros | Cons |
|---|---|
| Affordable entry (under S$550K) Prime schools 1km Pending LRT walkable | 1988 build (ageing infrastructure) 99-yr leasehold Moderate rental yields |
Weigh against goals: Ideal for families; investors note 4-5% yields. Seek professional valuation if unsure.
Common Mistakes to Avoid
- Overlooking lease decay: 1988 blocks lose value faster post-2030.
- Ignoring hidden costs: Budget 2-3% for renovations in older HDB flats.
- Skipping inspections: Check for leaks; Homejourney verifies listings for trust.
Real example: A 2024 buyer saved S$20,000 negotiating on a mid-floor 3-room after trend analysis.[1]
FAQ: 139 Petir Road HDB Price Trends and Market Analysis
What is the latest resale price at 139 Petir Road?
The highest was S$535,000 for a 4-room in Mar 2025; current listings at S$548,000.[1][3]
Are 139 Petir Road rentals a good investment?
Yes, 4-rooms yield S$3,400/month (~5% return), stable for Bukit Panjang.[1]
How does 139 Petir Road compare to other Petir Road HDBs?
Similar pricing (S$2,500–S$3,400 rentals nearby); better school proximity.[2]
Can foreigners buy 139 Petir Road HDB?
Yes, resale HDB allowed with 17% ABSD (2026); confirm via HDB.[HDB policy]
What are 139 Petir Road HDB price trends for 2026?
Expect 3-5% growth with MRT upgrades; monitor via Homejourney.[1]
Ready to explore 139 Petir Road? Start with Property Search ">Homejourney property search for verified listings and trends. For full Bukit Panjang insights, read our 139 Petir Road HDB Guide: Bukit Panjang Complete Insights | Homejourney ">139 Petir Road HDB Guide. Homejourney ensures safe, transparent property journeys.
