Blk 503 Jelapang Road
About 503 Jelapang Rd
503 Jelapang Road is an HDB block in Bukit Panjang. It comprises executive units with the highest floor being 21. The block was completed in 1996 and the lease with HDB commenced in the year 1998. This leaves a remaining lease period of approximately 79 years 10 months.
Based on past transactions data, the unit floor size are 141, 143, 144 and 145sqm. The latest resale transaction was in May 2024 and the highest transacted price was recorded in Jul 2023 for a executive unit at $850,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 503, including Greenridge Primary School, West Spring Primary School and Zhenghua Primary School.
For secondary education, the nearby schools include Zhenghua Secondary School, West Spring Secondary School and Greenridge Secondary School.
Public transportation is also convenient, with several MRT stations close to 503, including Bukit Panjang MRT Station (DT1). There are also 4 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| Executive | $770,000 | $817,568 | $850,000 | 13 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| Executive | $1,500 | $2,695 | $3,700 | 10 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the executive units at 503 Jelapang Road.
- Executive sales : Trending up
- Executive price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Panshan View. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 3 blocks within this HDB project/estate. Block 503 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 502 | $465,929 | $440,000 | $510,000 | 7 |
| 504 | $471,500 | $455,000 | $488,000 | 2 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 502 | $644,760 | $640,000 | $650,000 | 5 |
| 504 | $597,722 | $525,000 | $665,000 | 4 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 503 | $817,568 | $770,000 | $850,000 | 13 |
Resale transaction details and prices
There were a total of 13 resale transactions in the last 3 years for units in block 503 Jelapang Road, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $832,500 | $5,741 | Executive | Blk 503 Jelapang Road Executive / 145 sqm | 13 to 15 | 145 sqm | Maisonette | 1998 |
| Apr 2024 | $818,000 | $5,681 | Executive | Blk 503 Jelapang Road Executive / 144 sqm | 01 to 03 | 144 sqm | Maisonette | 1998 |
| Apr 2024 | $790,000 | $5,603 | Executive | Blk 503 Jelapang Road Executive / 141 sqm | 04 to 06 | 141 sqm | Apartment | 1998 |
| Jul 2023 | $850,000 | $5,862 | Executive | Blk 503 Jelapang Road Executive / 145 sqm | 10 to 12 | 145 sqm | Maisonette | 1998 |
| May 2023 | $810,000 | $5,586 | Executive | Blk 503 Jelapang Road Executive / 145 sqm | 10 to 12 | 145 sqm | Apartment | 1998 |
| Apr 2023 | $823,000 | $5,755 | Executive | Blk 503 Jelapang Road Executive / 143 sqm | 10 to 12 | 143 sqm | Apartment | 1998 |
| Feb 2023 | $788,000 | $5,434 | Executive | Blk 503 Jelapang Road Executive / 145 sqm | 04 to 06 | 145 sqm | Maisonette | 1998 |
| Nov 2022 | $770,000 | $5,385 | Executive | Blk 503 Jelapang Road Executive / 143 sqm | 04 to 06 | 143 sqm | Apartment | 1998 |
| Nov 2022 | $848,888 | $6,020 | Executive | Blk 503 Jelapang Road Executive / 141 sqm | 19 to 21 | 141 sqm | Apartment | 1998 |
| Apr 2022 | $825,000 | $5,769 | Executive | Blk 503 Jelapang Road Executive / 143 sqm | 07 to 09 | 143 sqm | Maisonette | 1998 |
| Mar 2022 | $835,000 | $5,839 | Executive | Blk 503 Jelapang Road Executive / 143 sqm | 16 to 18 | 143 sqm | Maisonette | 1998 |
| Jan 2022 | $820,000 | $5,734 | Executive | Blk 503 Jelapang Road Executive / 143 sqm | 10 to 12 | 143 sqm | Maisonette | 1998 |
| Dec 2021 | $818,000 | $5,681 | Executive | Blk 503 Jelapang Road Executive / 144 sqm | 16 to 18 | 144 sqm | Maisonette | 1998 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the executive units at 503 Jelapang Road.
- Executive rental : Trending down
- Executive rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Panshan View. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 3 blocks within this HDB project/estate. Block 503 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 502 | $2,940 | $1,900 | $3,800 | 5 |
| 504 | $3,500 | $3,500 | $3,500 | 1 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 502 | $3,200 | $2,400 | $4,000 | 2 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 503 | $2,695 | $1,500 | $3,700 | 10 |
Rental transaction details and prices
There were a total of 10 rental transactions in the last 3 years for units in block 503 Jelapang Road. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $3,650 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| May 2024 | $3,600 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Dec 2023 | $3,700 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Oct 2023 | $1,500 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Sep 2023 | $3,500 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Nov 2022 | $2,100 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Aug 2022 | $3,100 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Apr 2022 | $2,300 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Oct 2021 | $2,000 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
| Oct 2021 | $1,500 | Executive | Blk 503 Jelapang Road Executive | Bukit Panjang |
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Property information for 503 Jelapang Road
| Block | : | 503 |
| Street | : | Jelapang Road |
| Building | : | Panshan View |
| Postal code | : | 670503 |
| Town | : | Bukit Panjang |
| Recorded transactions floor area | : | 141 sqm, 143 sqm, 144 sqm, 145 sqm |
| Recorded transactions flat types | : | Executive |
| Recorded transactions flat models | : | Apartment, Maisonette |
| Lease commencement | : | 1998 |
| Year completed | : | 1996 |
| Max. Floor | : | 21 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |