Blk 523 Jelapang Road
About 523 Jelapang Rd
523 Jelapang Road is an HDB block in Bukit Panjang. It comprises 4 room, 5 room and executive units with the highest floor being 17. The block was completed in 1997 and the lease with HDB commenced in the year 1998. This leaves a remaining lease period of approximately 79 years 09 months.
Based on past transactions data, the unit floor size are 103, 120, 121, 123, 131, 143 and 144sqm. The latest resale transaction was in Sep 2024 and the highest transacted price was recorded in Sep 2021 for a executive unit at $730,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 523, including Greenridge Primary School, West Spring Primary School and West View Primary School.
For secondary education, the nearby schools include Zhenghua Secondary School and West Spring Secondary School.
Public transportation is also convenient, with several MRT stations close to 523, including Bukit Panjang MRT Station (DT1). There are also 10 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $450,000 | $528,333 | $606,666 | 2 |
| 5 room | $540,000 | $600,833 | $710,000 | 6 |
| Executive | $730,000 | $730,000 | $730,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $2,000 | $2,000 | $2,000 | 1 |
| Executive | $3,800 | $3,800 | $3,800 | 1 |
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, 5 room and executive units at 523 Jelapang Road.
- 4 room sales : Stable or no visible trend
- 5 room sales : Trending down
- Executive sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room price : Trending up
- Executive price : Stable or no visible 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 523 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 9 resale transactions in the last 3 years for units in block 523 Jelapang Road, with the latest one recorded in Sep 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Sep 2024 | $606,666 | $5,890 | 4 Room | Blk 523 Jelapang Road 4 Room / 103 sqm | 13 to 15 | 103 sqm | Model A | 1998 |
| Sep 2024 | $710,000 | $5,868 | 5 Room | Blk 523 Jelapang Road 5 Room / 121 sqm | 16 to 18 | 121 sqm | Improved | 1998 |
| Apr 2024 | $580,000 | $4,833 | 5 Room | Blk 523 Jelapang Road 5 Room / 120 sqm | 01 to 03 | 120 sqm | Improved | 1998 |
| Dec 2022 | $730,000 | $5,105 | Executive | Blk 523 Jelapang Road Executive / 143 sqm | 01 to 03 | 143 sqm | Apartment | 1998 |
| Sep 2022 | $540,000 | $4,390 | 5 Room | Blk 523 Jelapang Road 5 Room / 123 sqm | 01 to 03 | 123 sqm | Improved | 1998 |
| Jul 2022 | $605,000 | $5,000 | 5 Room | Blk 523 Jelapang Road 5 Room / 121 sqm | 10 to 12 | 121 sqm | Improved | 1998 |
| Feb 2022 | $450,000 | $4,369 | 4 Room | Blk 523 Jelapang Road 4 Room / 103 sqm | 04 to 06 | 103 sqm | Model A | 1998 |
| Dec 2021 | $550,000 | $4,545 | 5 Room | Blk 523 Jelapang Road 5 Room / 121 sqm | 04 to 06 | 121 sqm | Improved | 1998 |
| Dec 2021 | $620,000 | $4,733 | 5 Room | Blk 523 Jelapang Road 5 Room / 131 sqm | 13 to 15 | 131 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 4 room, 5 room and executive units at 523 Jelapang Road.
- 5 room rental : Stable trend
- Executive rental : Stable trend
- 5 room rental price : Stable trend
- Executive rental price : Stable trend
Rental transaction details and prices
There were a total of 2 rental transactions in the last 3 years for units in block 523 Jelapang Road. The latest recorded one was in Jun 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jun 2024 | $3,800 | Executive | Blk 523 Jelapang Road Executive | Bukit Panjang |
| Mar 2023 | $2,000 | 5 Room | Blk 523 Jelapang Road 5 Room | Bukit Panjang |
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Property information for 523 Jelapang Road
| Block | : | 523 |
| Street | : | Jelapang Road |
| Building | : | Pangshan Valley |
| Postal code | : | 670523 |
| Town | : | Bukit Panjang |
| Recorded transactions floor area | : | 103 sqm, 120 sqm, 121 sqm, 123 sqm, 131 sqm, 143 sqm, 144 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room, Executive |
| Recorded transactions flat models | : | Improved, Apartment, Model A |
| Lease commencement | : | 1998 |
| Year completed | : | 1997 |
| Max. Floor | : | 17 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
