Blk 540 Jelapang Road
About 540 Jelapang Rd
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 Nov 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 | $507,667 | $548,000 | 3 |
| 5 room | $700,000 | $763,222 | $800,888 | 4 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,000 | $2,688 | $3,400 | 4 |
| 5 room | $2,700 | $3,075 | $3,500 | 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 540 Jelapang Road.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room 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 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.
Resale transaction details and prices
There were a total of 7 resale transactions in the last 3 years for units in block 540 Jelapang Road, with the latest one recorded in Nov 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Nov 2024 | $769,000 | $6,408 | 5 Room | Blk 540 Jelapang Road 5 Room / 120 sqm | 10 to 12 | 120 sqm | Improved | 1999 |
| Aug 2024 | $548,000 | $5,480 | 4 Room | Blk 540 Jelapang Road 4 Room / 100 sqm | 13 to 15 | 100 sqm | Model A | 1999 |
| 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 |
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
- 4 room rental price : Trending up
- 5 room rental price : Trending down
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.
Rental transaction details and prices
There were a total of 8 rental transactions in the last 3 years for units in block 540 Jelapang Road. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $3,400 | 5 Room | Blk 540 Jelapang Road 5 Room | Bukit Panjang |
| Sep 2024 | $2,800 | 4 Room | Blk 540 Jelapang Road 4 Room | Bukit Panjang |
| 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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Property information for 540 Jelapang Road
| Block | : | 540 |
| Street | : | Jelapang Road |
| Building | : | Panshan Grove |
| Postal code | : | 670540 |
| Town | : | Bukit Panjang |
| Recorded transactions floor area | : | 100 sqm, 101 sqm, 102 sqm, 120 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Model A, Improved |
| Lease commencement | : | 1999 |
| Year completed | : | 1997 |
| Max. Floor | : | 21 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
