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Blk 540 Jelapang Road

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 Aug 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 $745,972 $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

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

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 $521,800 $505,000 $532,000 5
536 $510,250 $460,000 $536,000 4
538 $638,888 $638,888 $638,888 1
540 $507,667 $455,000 $548,000 3
545 $557,222 $510,000 $635,888 4
5 room
Block Avg $ Min $ Max $ Units sold
533 $662,667 $650,000 $688,000 3
536 $683,333 $560,000 $865,000 3
538 $682,448 $600,000 $801,688 6
540 $745,972 $700,000 $800,888 4
545 $751,857 $620,000 $900,000 7
Executive
Block Avg $ Min $ Max $ Units sold
542 $910,500 $800,000 $1,030,000 6
543 $920,500 $860,000 $1,012,000 4
544 $966,148 $790,000 $1,098,888 6

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 Aug 2024.

117
Date Resale PSM Type Location Floor Fl. Area Model Built
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
Dec 2021 $700,000 $5,833 5 Room Blk 540 Jelapang Road 5 Room / 120 sqm 13 to 15 120 sqm Improved 1999

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

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 $2,457 $1,800 $3,000 7
536 $2,450 $1,800 $3,100 2
538 $2,567 $2,000 $2,900 3
540 $2,688 $2,000 $3,400 4
545 $2,750 $2,700 $2,800 2
5 room
Block Avg $ Min $ Max $ Units rented
533 $3,207 $2,800 $3,600 7
534 $3,200 $3,200 $3,200 1
536 $3,380 $3,300 $3,600 5
538 $3,180 $2,500 $4,000 5
540 $3,075 $2,700 $3,500 4
545 $3,286 $2,800 $3,700 7
Executive
Block Avg $ Min $ Max $ Units rented
542 $3,100 $2,600 $3,600 2
543 $3,180 $2,000 $3,600 10
544 $3,356 $2,330 $4,500 5

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.

118
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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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
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