Blk 531 Jelapang Road — HDB resale prices
HDB resale prices, Bukit Panjang · 4-Room · built 1997
median resale price, last 24 months
3 sales in that window · as of Sep 2026
How it compares
Blk 531 Jelapang Road is an HDB block in Bukit Panjang (completed in 1997, 17 storeys, 79 units). As of Sep 2026, its median resale price over the last 24 months is $573,000, about 6% below the Bukit Panjang median, from 3 sales. 63 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×36 · 5-room ×27 · exec ×16
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,000/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~4.2% (Bukit Panjang average: ~6.1%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 64% of Bukit Panjang blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $547,760–$612,380 (central estimate $580,070). Recent sales — median $542,858 — sit below that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2002 | $210,000 | $329,354 | 5 |
| 2003 | $280,000 | $437,005 | 7 |
| 2004 | $233,500 | $358,438 | 5 |
| 2005 | $280,000 | $427,795 | 2 |
| 2006 | $323,000 | $488,770 | 3 |
| 2007 | $237,000 | $351,222 | 5 |
| 2008 | $310,000 | $430,817 | 3 |
| 2010 | $430,500 | $578,420 | 6 |
| 2011 | $489,250 | $624,556 | 2 |
| 2012 | $432,000 | $527,317 | 3 |
| 2013 | $600,000 | $715,472 | 1 |
| 2014 | $373,800 | $441,177 | 1 |
| 2015 | $450,000 | $533,903 | 1 |
| 2016 | $650,000 | $775,296 | 1 |
| 2017 | $650,000 | $770,849 | 2 |
| 2018 | $378,000 | $446,322 | 1 |
| 2019 | $600,000 | $704,450 | 1 |
| 2020 | $365,000 | $429,279 | 2 |
| 2021 | $510,000 | $586,238 | 4 |
| 2022 | $765,000 | $828,556 | 1 |
| 2023 | $474,000 | $489,710 | 2 |
| 2024 | $556,500 | $561,525 | 2 |
| 2025 | $503,000 | $503,000 | 1 |
| 2026 | $578,000 | $578,000 | 2 |
Records
| Record sale | $765,000 (Executive, 2022-08) |
|---|---|
| First recorded sale | $397,000 (2002-09) |
| Busiest year | 2003 · 7 sales |
| 10-year change (real) | -25% (-2.9%/yr, 2016→2026) |
| Total transacted | $24.8M across 63 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-03 | 4-Room | 04–06 | 103 m² | $573,000 |
| 2026-01 | 4-Room | 13–15 | 103 m² | $583,000 |
| 2025-07 | 4-Room | 01–03 | 103 m² | $503,000 |
| 2024-05 | 4-Room | 13–15 | 103 m² | $538,000 |
| 2024-03 | 4-Room | 10–12 | 103 m² | $575,000 |
| 2023-09 | 4-Room | 10–12 | 103 m² | $488,000 |
| 2023-02 | 4-Room | 07–09 | 103 m² | $460,000 |
| 2022-08 | Executive | 04–06 | 145 m² | $765,000 |
| 2021-09 | Executive | 10–12 | 145 m² | $740,000 |
| 2021-07 | 5-Room | 16–18 | 121 m² | $600,000 |
| 2021-07 | 4-Room | 01–03 | 103 m² | $400,000 |
| 2021-03 | 4-Room | 10–12 | 103 m² | $420,000 |
| 2020-08 | 4-Room | 04–06 | 103 m² | $385,000 |
| 2020-03 | 4-Room | 04–06 | 103 m² | $345,000 |
| 2019-07 | Executive | 01–03 | 145 m² | $600,000 |
| 2018-03 | 4-Room | 10–12 | 103 m² | $378,000 |
| 2017-11 | Executive | 16–18 | 145 m² | $680,000 |
| 2017-07 | Executive | 04–06 | 145 m² | $620,000 |
| 2016-08 | Executive | 16–18 | 145 m² | $650,000 |
| 2015-12 | 5-Room | 10–12 | 121 m² | $450,000 |
Jelapang Road blocks ranked by price
Showing the top 15 of 38 priced blocks.
More blocks on Jelapang Road
Quick answers
How much does a flat at Blk 531 Jelapang Road cost?
The median resale price over the last 24 months is $573,000 (3 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 531 Jelapang Road fairly priced?
For a typical 4-room flat here, our price model estimates $547,760–$612,380 (central estimate $580,070). Recent sales — median $542,858 — sit below that range.
What is the rent at Blk 531 Jelapang Road?
The median monthly rent is $2,000/mo over the last 12 months (1 contracts).
How old is Blk 531 Jelapang Road?
The block was completed in 1997 and its 99-year lease runs from 1999.