516 Jelapang Road is an HDB block located in Bukit Panjang. It has 4 room and 5 room units and the highest floor is 20. The block was completed in 1997 and the lease with HDB commenced in 1998. This means that the remaining lease period is approximately 80 years 07 months. The unit floor size are 102 and 121sqm. The latest resale transaction was in Apr 2024 and the highest transacted price was recorded in Mar 2024 for a 5 room unit at $655,000.
There are several primary schools located within 1km of block 516, including Greenridge Primary School, West Spring Primary School and Beacon Primary School.
For secondary education, the nearby schools include Zhenghua Secondary School and West Spring Secondary School.
There are also 8 bus stops within walking distance of the block.
Resale summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Sold
5 room
$530,000
$590,778
$655,000
9
Rental summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Rented
4 room
$1,800
$2,600
$3,400
2
5 room
$1,750
$2,513
$3,700
4
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 5 room units at 516 Jelapang Road.
5 room sales :
Trending down
Resale transactions trend
5 room price :
Trending up
Average resale price trend
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 Pangshan Valley.
We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 19 blocks within this HDB project/estate. Block 516 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
4 room
Block
Avg $
Min $
Max $
Units sold
514
$474,000
$445,000
$503,000
2
515
$456,500
$448,000
$465,000
2
517
$498,333
$470,000
$540,000
3
518
$470,315
$420,000
$538,888
6
519
$482,667
$451,000
$532,000
3
520
$476,500
$460,000
$492,000
4
521
$492,500
$485,000
$500,000
2
523
$450,000
$450,000
$450,000
1
524
$530,000
$530,000
$530,000
1
525
$444,667
$417,000
$462,000
3
526
$452,500
$420,000
$485,000
2
527
$455,100
$411,500
$483,800
3
530
$484,643
$468,000
$525,000
7
531
$492,200
$400,000
$575,000
5
5 room
Block
Avg $
Min $
Max $
Units sold
513
$548,000
$548,000
$548,000
1
514
$560,000
$550,000
$570,000
2
515
$606,667
$588,000
$623,000
3
516
$590,778
$530,000
$655,000
9
517
$585,000
$555,000
$620,000
3
518
$602,500
$570,000
$620,000
4
519
$581,148
$530,000
$660,000
6
520
$616,000
$600,000
$640,000
3
523
$579,000
$540,000
$620,000
5
524
$575,000
$570,000
$580,000
2
525
$663,888
$663,888
$663,888
1
526
$597,500
$550,000
$645,000
2
527
$560,000
$555,000
$565,000
2
530
$613,000
$580,000
$646,000
2
531
$600,000
$600,000
$600,000
1
Executive
Block
Avg $
Min $
Max $
Units sold
513
$800,000
$800,000
$800,000
1
519
$732,500
$720,000
$745,000
2
521
$770,000
$770,000
$770,000
1
523
$730,000
$730,000
$730,000
2
525
$700,000
$700,000
$700,000
1
528
$820,413
$745,000
$888,000
7
529
$800,000
$800,000
$800,000
1
530
$760,000
$760,000
$760,000
1
531
$752,500
$740,000
$765,000
2
532
$817,778
$680,000
$1,000,000
9
Resale transaction details and prices
There were a total of 9 resale transactions in the last 3 years for units in block 516 Jelapang Road, with the latest one recorded in Apr 2024.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
119
Apr 2024
$635,000
$5,248
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
13 to 15
121 sqm
Improved
1998
Mar 2024
$655,000
$5,413
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
10 to 12
121 sqm
Improved
1998
Jan 2024
$595,000
$4,917
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
01 to 03
121 sqm
Improved
1998
Nov 2023
$630,000
$5,207
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
19 to 21
121 sqm
Improved
1998
Apr 2023
$540,000
$4,463
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
04 to 06
121 sqm
Improved
1998
Sep 2022
$530,000
$4,380
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
01 to 03
121 sqm
Improved
1998
Sep 2022
$640,000
$5,289
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
16 to 18
121 sqm
Improved
1998
Jun 2022
$550,000
$4,545
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
07 to 09
121 sqm
Improved
1998
Apr 2022
$542,000
$4,479
5 Room
Blk 516 Jelapang Road 5 Room / 121 sqm
07 to 09
121 sqm
Improved
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 5 room units at 516 Jelapang Road.
4 room rental :
Stable trend
5 room rental :
Stable trend
Rental transactions trend
4 room rental price :
Trending up
5 room rental price :
Trending up
Average rental price trend
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 Pangshan Valley.
We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 19 blocks within this HDB project/estate. Block 516 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
4 room
Block
Avg $
Min $
Max $
Units rented
514
$2,000
$2,000
$2,000
1
516
$2,600
$1,800
$3,400
2
517
$2,458
$1,700
$3,350
6
519
$2,567
$1,850
$3,650
3
520
$3,400
$3,400
$3,400
1
521
$2,363
$1,800
$3,350
8
524
$2,570
$1,900
$3,000
5
525
$2,693
$1,850
$3,500
7
526
$3,500
$3,500
$3,500
1
527
$2,450
$1,800
$3,100
4
529
$2,450
$2,450
$2,450
1
530
$2,317
$1,600
$3,200
6
531
$2,567
$1,700
$3,000
3
5 room
Block
Avg $
Min $
Max $
Units rented
513
$3,200
$2,000
$3,800
3
515
$2,475
$2,100
$2,850
2
516
$2,513
$1,750
$3,700
4
517
$2,650
$1,700
$3,500
4
518
$3,188
$2,450
$4,000
4
519
$3,150
$3,000
$3,300
2
523
$2,000
$2,000
$2,000
1
524
$3,200
$3,200
$3,200
1
525
$2,786
$2,100
$3,500
7
526
$2,840
$1,900
$3,500
5
527
$2,600
$2,200
$3,000
2
529
$3,500
$3,500
$3,500
1
530
$2,333
$2,000
$3,000
3
Executive
Block
Avg $
Min $
Max $
Units rented
520
$3,150
$2,100
$4,200
2
525
$3,800
$3,800
$3,800
2
527
$2,950
$2,950
$2,950
1
528
$3,550
$2,400
$4,500
6
530
$2,633
$2,200
$3,300
6
531
$3,500
$3,500
$3,500
1
532
$2,833
$2,000
$3,700
6
Rental transaction details and prices
There were a total of 6 rental transactions in the last 3 years for units in block 516 Jelapang Road. The latest recorded one was in May 2024.
Date
Rental
Flat Type
Location
Town
116
May 2024
$3,400
4 Room
Blk 516 Jelapang Road 4 Room
Bukit Panjang
Jun 2023
$3,700
5 Room
Blk 516 Jelapang Road 5 Room
Bukit Panjang
Nov 2022
$1,800
4 Room
Blk 516 Jelapang Road 4 Room
Bukit Panjang
May 2022
$2,200
5 Room
Blk 516 Jelapang Road 5 Room
Bukit Panjang
Mar 2022
$2,400
5 Room
Blk 516 Jelapang Road 5 Room
Bukit Panjang
Jan 2022
$1,750
5 Room
Blk 516 Jelapang Road 5 Room
Bukit Panjang
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