518 Jelapang Road comprises 4 room and 5 room HDB blocks and is located in Bukit Panjang. It was completed in year 1997 and the lease commenced in 1998. The remaining lease period with HDB is therefore approximately 80 years 05 months.
The highest floor for this block is 20. The unit floor size are 102, 103 and 121sqm, based on past transactions data. The latest resale transaction was in Feb 2024 and the highest transacted price was recorded in Aug 2022 for a 5 room unit at $620,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 518, 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 7 bus stops easily accessible from this block.
Resale summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Sold
4 room
$420,000
$470,315
$538,888
6
5 room
$570,000
$602,500
$620,000
4
Rental summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Rented
5 room
$2,450
$3,188
$4,000
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 4 room and 5 room units at 518 Jelapang Road.
4 room sales :
Stable or no visible trend
5 room sales :
Stable or no visible trend
Resale transactions trend
4 room price :
Trending up
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 518 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 10 resale transactions in the last 3 years for units in block 518 Jelapang Road, with the latest one recorded in Feb 2024.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
1110
Feb 2024
$610,000
$5,041
5 Room
Blk 518 Jelapang Road 5 Room / 121 sqm
07 to 09
121 sqm
Improved
1998
Oct 2023
$495,000
$4,853
4 Room
Blk 518 Jelapang Road 4 Room / 102 sqm
07 to 09
102 sqm
Model A
1998
Aug 2023
$538,888
$5,283
4 Room
Blk 518 Jelapang Road 4 Room / 102 sqm
13 to 15
102 sqm
Model A
1998
Jun 2023
$610,000
$5,041
5 Room
Blk 518 Jelapang Road 5 Room / 121 sqm
04 to 06
121 sqm
Improved
1998
Apr 2023
$472,000
$4,627
4 Room
Blk 518 Jelapang Road 4 Room / 102 sqm
07 to 09
102 sqm
Model A
1998
Nov 2022
$570,000
$4,711
5 Room
Blk 518 Jelapang Road 5 Room / 121 sqm
04 to 06
121 sqm
Improved
1998
Aug 2022
$458,000
$4,490
4 Room
Blk 518 Jelapang Road 4 Room / 102 sqm
07 to 09
102 sqm
Model A
1998
Aug 2022
$620,000
$5,124
5 Room
Blk 518 Jelapang Road 5 Room / 121 sqm
13 to 15
121 sqm
Improved
1998
Mar 2022
$438,000
$4,294
4 Room
Blk 518 Jelapang Road 4 Room / 102 sqm
04 to 06
102 sqm
Model A
1998
Oct 2021
$420,000
$4,118
4 Room
Blk 518 Jelapang Road 4 Room / 102 sqm
04 to 06
102 sqm
Model A
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 4 room and 5 room units at 518 Jelapang Road.
5 room rental :
Stable trend
Rental transactions trend
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 518 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 4 rental transactions in the last 3 years for units in block 518 Jelapang Road. The latest recorded one was in Apr 2023.
Date
Rental
Flat Type
Location
Town
114
Apr 2023
$4,000
5 Room
Blk 518 Jelapang Road 5 Room
Bukit Panjang
Dec 2022
$3,500
5 Room
Blk 518 Jelapang Road 5 Room
Bukit Panjang
Apr 2022
$2,450
5 Room
Blk 518 Jelapang Road 5 Room
Bukit Panjang
Mar 2022
$2,800
5 Room
Blk 518 Jelapang Road 5 Room
Bukit Panjang
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