Blk 538 Jelapang Rd is an HDB block in Bukit Panjang (completed in 1997, 25 storeys, 123 units). As of Jul 2026, its median resale price over the last 24 months is $646,944, about 3% below the Bukit Panjang median, from 4 sales. 83 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Bukit Panjang |
|---|---|
| Completed | 1997 |
| Lease from | 1999 |
| Storeys | 25 |
| Dwelling units | 123 |
| Unit mix (sold) | 4-room ×50 · 5-room ×73 |
| Recorded resales | 83 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $625,944 | $6,259/m² | 2 |
| 5-Room | $684,000 | $5,700/m² | 2 |
Median monthly rent at this block: $3,050/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~5.7% (Bukit Panjang average: ~5.6%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 39% of Bukit Panjang blocks with recent sales.
For a typical 5-room flat here, our price model estimates $609,264–$681,550 (central estimate $645,407). Recent sales — median $676,050 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2003 | $278,000 | $433,884 | 21 |
| 2004 | $287,500 | $441,332 | 6 |
| 2005 | $256,500 | $391,890 | 4 |
| 2006 | $220,000 | $332,908 | 2 |
| 2007 | $298,000 | $441,621 | 3 |
| 2008 | $280,000 | $389,125 | 2 |
| 2009 | $379,000 | $523,630 | 2 |
| 2010 | $357,500 | $480,337 | 4 |
| 2011 | $450,000 | $574,451 | 3 |
| 2012 | $525,888 | $641,920 | 3 |
| 2013 | $457,813 | $545,921 | 2 |
| 2014 | $430,000 | $507,507 | 3 |
| 2015 | $405,000 | $480,513 | 5 |
| 2016 | $545,000 | $650,056 | 1 |
| 2017 | $378,000 | $448,279 | 1 |
| 2019 | $526,500 | $618,154 | 6 |
| 2020 | $395,000 | $464,563 | 3 |
| 2021 | $535,000 | $614,975 | 3 |
| 2023 | $655,000 | $676,709 | 3 |
| 2024 | $657,500 | $663,437 | 4 |
| 2025 | $648,888 | $648,888 | 1 |
| 2026 | $603,000 | $603,000 | 1 |
| Record sale | $801,688 (5-Room, 2023-08) |
|---|---|
| First recorded sale | $308,000 (2003-02) |
| Busiest year | 2003 · 21 sales |
| 10-year change (real) | -7% (-0.7%/yr, 2016→2026) |
| Total transacted | $32.5M across 83 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-05 | 4-Room | 13 TO 15 | 100 | $603,000 |
| 2025-12 | 4-Room | 19 TO 21 | 100 | $648,888 |
| 2024-11 | 5-Room | 01 TO 03 | 120 | $645,000 |
| 2024-08 | 5-Room | 10 TO 12 | 120 | $723,000 |
| 2024-04 | 5-Room | 04 TO 06 | 120 | $670,000 |
| 2024-03 | 5-Room | 01 TO 03 | 120 | $600,000 |
| 2023-09 | 4-Room | 19 TO 21 | 100 | $638,888 |
| 2023-08 | 5-Room | 22 TO 24 | 120 | $801,688 |
| 2023-04 | 5-Room | 07 TO 09 | 120 | $655,000 |
| 2021-10 | 5-Room | 01 TO 03 | 120 | $535,000 |
| 2021-03 | 5-Room | 04 TO 06 | 120 | $520,000 |
| 2021-02 | 5-Room | 13 TO 15 | 120 | $627,000 |
| 2020-12 | 4-Room | 07 TO 09 | 101 | $395,000 |
| 2020-01 | 4-Room | 22 TO 24 | 100 | $420,000 |
| 2020-01 | 4-Room | 07 TO 09 | 100 | $390,000 |
| 2019-12 | 4-Room | 01 TO 03 | 101 | $330,000 |
| 2019-08 | 5-Room | 22 TO 24 | 120 | $555,000 |
| 2019-07 | 5-Room | 07 TO 09 | 120 | $558,888 |
| 2019-04 | 5-Room | 04 TO 06 | 120 | $498,000 |
| 2019-04 | 5-Room | 25 TO 27 | 120 | $636,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 543 | $1,020,000 | $7,286/m² |
| 2. Blk 544 | $1,000,000 | $7,042/m² |
| 3. Blk 542 | $975,000 | $6,964/m² |
| 4. Blk 503 | $929,000 | $6,446/m² |
| 5. Blk 532 | $920,000 | $6,440/m² |
| 6. Blk 536 | $845,000 | $7,042/m² |
| 7. Blk 534 | $800,000 | $6,667/m² |
| 8. Blk 540 | $769,000 | $6,408/m² |
| 9. Blk 530 | $708,888 | $5,859/m² |
| 10. Blk 507 | $688,444 | $5,690/m² |
| 11. Blk 525 | $686,666 | $5,675/m² |
| 12. Blk 524 | $680,000 | $5,620/m² |
| 13. Blk 519 | $675,000 | $5,508/m² |
| 14. Blk 529 | $670,888 | $5,680/m² |
| 15. Blk 506 | $660,000 | $5,569/m² |
Showing the top 15 of 38 blocks.
The median resale price over the last 24 months is $646,944 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 5-room flat here, our price model estimates $609,264–$681,550 (central estimate $645,407). Recent sales — median $676,050 — sit within that range.
The median monthly rent is $3,050/mo over the last 12 months (4 contracts).
The block was completed in 1997 and its 99-year lease runs from 1999.