Blk 531 Jelapang Road
About 531 Jelapang Rd
Block 531 Jelapang Road, Singapore 670531, is an HDB block located in Bukit Panjang and which comprises 4 room, 5 room and executive units. The highest floor for this block is 17. It was completed in the year 1997 and lease with HDB commenced in the year 1999. Remaining lease period is approximately 80 years 07 months.
Based on our past transactions data, the unit floor size are 103, 121 and 145 sqm.
The latest resale transaction was in May 2024 while the highest transacted price was recorded in Aug 2022 for a executive unit at $765,000.
Primary schools located within 1km radius of 531 Jelapang Road include Greenridge Primary School, West Spring Primary School and West View Primary School.
For secondary schools, some of the nearby ones are Zhenghua Secondary School and West Spring Secondary School.
In terms of accessibility to public transportation, 531 Jelapang Road is also close by to the Bukit Panjang MRT Station (DT1).
There are 11 bus stops within proximity of 300m.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $400,000 | $492,200 | $575,000 | 5 |
| 5 room | $600,000 | $600,000 | $600,000 | 1 |
| Executive | $740,000 | $752,500 | $765,000 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,700 | $2,567 | $3,000 | 3 |
| Executive | $3,500 | $3,500 | $3,500 | 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 531 Jelapang Road.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- Executive sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room price : Stable or no visible trend
- 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 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 531 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| 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 |
| 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 |
| 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 8 resale transactions in the last 3 years for units in block 531 Jelapang Road, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $538,000 | $5,223 | 4 Room | Blk 531 Jelapang Road 4 Room / 103 sqm | 13 to 15 | 103 sqm | Model A | 1999 |
| Mar 2024 | $575,000 | $5,583 | 4 Room | Blk 531 Jelapang Road 4 Room / 103 sqm | 10 to 12 | 103 sqm | Model A | 1999 |
| Sep 2023 | $488,000 | $4,738 | 4 Room | Blk 531 Jelapang Road 4 Room / 103 sqm | 10 to 12 | 103 sqm | Model A | 1999 |
| Feb 2023 | $460,000 | $4,466 | 4 Room | Blk 531 Jelapang Road 4 Room / 103 sqm | 07 to 09 | 103 sqm | Model A | 1999 |
| Aug 2022 | $765,000 | $5,276 | Executive | Blk 531 Jelapang Road Executive / 145 sqm | 04 to 06 | 145 sqm | Apartment | 1999 |
| Sep 2021 | $740,000 | $5,103 | Executive | Blk 531 Jelapang Road Executive / 145 sqm | 10 to 12 | 145 sqm | Apartment | 1999 |
| Jul 2021 | $400,000 | $3,883 | 4 Room | Blk 531 Jelapang Road 4 Room / 103 sqm | 01 to 03 | 103 sqm | Model A | 1999 |
| Jul 2021 | $600,000 | $4,959 | 5 Room | Blk 531 Jelapang Road 5 Room / 121 sqm | 16 to 18 | 121 sqm | Improved | 1999 |
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 531 Jelapang Road.
- 4 room rental : Stable trend
- Executive rental : Stable trend
- 4 room rental price : Trending down
- Executive rental price : Stable 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 531 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 |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 531 Jelapang Road. The latest recorded one was in May 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| May 2024 | $1,700 | 4 Room | Blk 531 Jelapang Road 4 Room | Bukit Panjang |
| Feb 2023 | $3,500 | Executive | Blk 531 Jelapang Road Executive | Bukit Panjang |
| Nov 2022 | $3,000 | 4 Room | Blk 531 Jelapang Road 4 Room | Bukit Panjang |
| May 2022 | $3,000 | 4 Room | Blk 531 Jelapang Road 4 Room | Bukit Panjang |
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Property information for 531 Jelapang Road
| Block | : | 531 |
| Street | : | Jelapang Road |
| Building | : | Pangshan Valley |
| Postal code | : | 670531 |
| Town | : | Bukit Panjang |
| Recorded transactions floor area | : | 103 sqm, 121 sqm, 145 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room, Executive |
| Recorded transactions flat models | : | Apartment, Model A, Improved |
| Lease commencement | : | 1999 |
| Year completed | : | 1997 |
| Max. Floor | : | 17 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |