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Blk 531 Jelapang Road

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 $460,000 $515,250 $575,000 4
Executive $765,000 $765,000 $765,000 1

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

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and executive units at 531 Jelapang Road.

  • 4 room sales : Stable or no visible trend
  • Executive sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • Executive price : Stable or no visible trend
Average resale price trend

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.

4 room
Block Avg $ Min $ Max $ Units sold
514 $499,333 $445,000 $550,000 3
515 $456,500 $448,000 $465,000 2
517 $498,333 $470,000 $540,000 3
518 $499,148 $438,000 $593,000 6
519 $482,667 $451,000 $532,000 3
520 $476,500 $460,000 $492,000 4
521 $517,963 $485,000 $568,888 3
523 $528,333 $450,000 $606,666 2
524 $530,000 $530,000 $530,000 1
525 $462,000 $462,000 $462,000 1
526 $485,000 $485,000 $485,000 1
527 $491,267 $470,000 $520,000 3
530 $489,417 $468,000 $525,000 6
531 $515,250 $460,000 $575,000 4
5 room
Block Avg $ Min $ Max $ Units sold
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 $587,500 $555,000 $620,000 2
518 $618,000 $570,000 $680,000 5
519 $593,472 $530,000 $660,000 4
520 $616,000 $600,000 $640,000 3
523 $600,833 $540,000 $710,000 6
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 $665,450 $580,000 $735,000 4
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 1
528 $832,981 $748,000 $888,000 6
529 $800,000 $800,000 $800,000 1
530 $980,000 $980,000 $980,000 1
531 $765,000 $765,000 $765,000 1
532 $844,300 $680,000 $1,000,000 10

There were a total of 5 resale transactions in the last 3 years for units in block 531 Jelapang Road, with the latest one recorded in May 2024.

115
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

Here's a summary of the rental transactions and price trends for the 4 room and executive units at 531 Jelapang Road.

  • 4 room rental : Stable trend
  • Executive rental : Stable trend
Rental transactions trend
  • 4 room rental price : Trending down
  • Executive rental price : Stable trend
Average rental price trend

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.

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 $2,642 $1,700 $3,350 6
519 $3,650 $3,650 $3,650 1
520 $3,400 $3,400 $3,400 1
521 $2,567 $1,900 $3,350 9
524 $2,675 $1,900 $3,200 6
525 $2,721 $1,850 $3,500 7
526 $3,500 $3,500 $3,500 1
527 $2,725 $2,100 $3,100 4
529 $2,450 $2,450 $2,450 1
530 $2,660 $1,800 $3,200 5
531 $2,567 $1,700 $3,000 3
5 room
Block Avg $ Min $ Max $ Units rented
513 $3,800 $3,800 $3,800 2
515 $2,850 $2,850 $2,850 1
516 $2,513 $1,750 $3,700 4
517 $2,650 $1,700 $3,500 4
518 $3,350 $2,450 $4,000 5
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 $3,033 $2,600 $3,500 6
526 $3,025 $1,900 $3,500 4
527 $2,800 $2,200 $3,200 3
529 $3,500 $3,500 $3,500 1
530 $2,333 $2,000 $3,000 3
Executive
Block Avg $ Min $ Max $ Units rented
520 $4,200 $4,200 $4,200 2
523 $3,800 $3,800 $3,800 1
525 $3,800 $3,800 $3,800 2
527 $2,950 $2,950 $2,950 1
528 $3,780 $2,800 $4,500 5
530 $2,800 $2,400 $3,300 4
531 $3,500 $3,500 $3,500 1
532 $3,075 $2,000 $3,700 4

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.

114
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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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
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