540 Jelapang Road is an HDB block located in Bukit Panjang. It has 4 room and 5 room units and the highest floor is 21. The block was completed in 1997 and the lease with HDB commenced in 1999. This means that the remaining lease period is approximately 80 years 09 months. The unit floor size are 100, 101, 102 and 120sqm. The latest resale transaction was in Jan 2024 and the highest transacted price was recorded in Sep 2022 for a 5 room unit at $800,888.
There are several primary schools located within 1km of block 540, including West View Primary School, Greenridge Primary School and West Spring Primary School.
For secondary education, the nearby schools include Zhenghua Secondary School, West Spring Secondary School and Greenridge Secondary School.
Block 540 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Bukit Panjang MRT Station (DT1).
There are also 9 bus stops within walking distance of the block.
Resale summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Sold
4 room
$455,000
$494,333
$520,000
3
5 room
$595,000
$699,815
$800,888
6
Rental summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Rented
4 room
$2,000
$2,650
$3,400
3
5 room
$2,700
$2,967
$3,500
3
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 540 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 Panshan Grove.
We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 9 blocks within this HDB project/estate. Block 540 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
533
$485,000
$480,000
$490,000
3
534
$524,000
$520,000
$526,000
3
536
$502,972
$460,000
$536,000
4
538
$638,888
$638,888
$638,888
1
540
$494,333
$455,000
$520,000
3
545
$557,222
$510,000
$635,888
4
5 room
Block
Avg $
Min $
Max $
Units sold
533
$653,250
$625,000
$688,000
4
536
$592,500
$560,000
$625,000
2
538
$652,338
$535,000
$801,688
5
540
$699,815
$595,000
$800,888
6
545
$739,125
$620,000
$900,000
8
Executive
Block
Avg $
Min $
Max $
Units sold
542
$828,571
$730,000
$950,000
7
543
$897,500
$860,000
$935,000
2
544
$869,667
$780,000
$965,000
6
Resale transaction details and prices
There were a total of 9 resale transactions in the last 3 years for units in block 540 Jelapang Road, with the latest one recorded in Jan 2024.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
119
Jan 2024
$783,000
$6,525
5 Room
Blk 540 Jelapang Road 5 Room / 120 sqm
13 to 15
120 sqm
Improved
1999
Sep 2022
$800,888
$6,674
5 Room
Blk 540 Jelapang Road 5 Room / 120 sqm
16 to 18
120 sqm
Improved
1999
Jul 2022
$520,000
$5,098
4 Room
Blk 540 Jelapang Road 4 Room / 102 sqm
19 to 21
102 sqm
Model A
1999
May 2022
$455,000
$4,505
4 Room
Blk 540 Jelapang Road 4 Room / 101 sqm
01 to 03
101 sqm
Model A
1999
Jan 2022
$700,000
$5,833
5 Room
Blk 540 Jelapang Road 5 Room / 120 sqm
19 to 21
120 sqm
Improved
1999
Dec 2021
$700,000
$5,833
5 Room
Blk 540 Jelapang Road 5 Room / 120 sqm
13 to 15
120 sqm
Improved
1999
Nov 2021
$508,000
$5,080
4 Room
Blk 540 Jelapang Road 4 Room / 100 sqm
19 to 21
100 sqm
Model A
1999
Sep 2021
$595,000
$4,958
5 Room
Blk 540 Jelapang Road 5 Room / 120 sqm
01 to 03
120 sqm
Improved
1999
Aug 2021
$620,000
$5,167
5 Room
Blk 540 Jelapang Road 5 Room / 120 sqm
04 to 06
120 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 and 5 room units at 540 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 down
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 Panshan Grove.
We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 9 blocks within this HDB project/estate. Block 540 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
533
$3,400
$3,400
$3,400
1
534
$2,357
$1,800
$3,000
7
536
$2,000
$1,800
$2,200
2
538
$2,233
$1,800
$2,900
3
540
$2,650
$2,000
$3,400
3
545
$2,500
$2,000
$2,800
4
5 room
Block
Avg $
Min $
Max $
Units rented
533
$2,883
$2,000
$3,600
6
534
$2,800
$2,400
$3,200
2
536
$3,050
$2,000
$3,600
4
538
$3,180
$2,500
$4,000
5
540
$2,967
$2,700
$3,500
3
545
$3,388
$3,000
$3,700
4
Executive
Block
Avg $
Min $
Max $
Units rented
542
$3,100
$2,600
$3,600
2
543
$3,025
$2,000
$3,600
10
544
$3,258
$2,330
$4,500
4
Rental transaction details and prices
There were a total of 6 rental transactions in the last 3 years for units in block 540 Jelapang Road. The latest recorded one was in Nov 2023.
Date
Rental
Flat Type
Location
Town
116
Nov 2023
$2,700
5 Room
Blk 540 Jelapang Road 5 Room
Bukit Panjang
Sep 2023
$3,400
4 Room
Blk 540 Jelapang Road 4 Room
Bukit Panjang
Apr 2023
$2,700
5 Room
Blk 540 Jelapang Road 5 Room
Bukit Panjang
Jan 2023
$2,000
4 Room
Blk 540 Jelapang Road 4 Room
Bukit Panjang
Dec 2022
$3,500
5 Room
Blk 540 Jelapang Road 5 Room
Bukit Panjang
Jul 2022
$2,550
4 Room
Blk 540 Jelapang Road 4 Room
Bukit Panjang
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