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Block 508 Jelapang Road

4 Room · Built 1998 · 71 years remaining lease · Updated May 2026 MOP Cleared

Block 508 Jelapang Road has 43 recorded HDB resale transactions since 2017. Latest sale: $517,000 (May 2026, 4 room, floors 01–03). Median $5,022/sqm. Prices up 32.9% over the past five years. Built 1998, 71 years lease remaining.

Latest Sale
$517,000
May 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$5,022
Based on 43 transactions
Total Transactions
43
Since Jan 2017
5-Year Trend
▲ +32.9%
Median price change
Median Price ?
Top 61%
#206 / 335 Top 61%
Latest Sale ?
Top 76%
#256 / 335 Top 76%
Value ($/sqm) ?
Top 27%
#91 / 335 Top 27%
5-Year Growth ?
Top 40%
#97 / 243 Top 40%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+5.9%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +32.9% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 71 years remaining 99 years
71 years 1 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Panjang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,000 typically $2,850–$3,200 6.3% Bukit Panjang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 01 TO 03 4 ROOM 92 sqm $517,000 $5,620
Mar 2026 07 TO 09 4 ROOM 90 sqm $529,000 $5,878
Feb 2026 01 TO 03 4 ROOM 90 sqm $510,000 $5,667
Dec 2025 04 TO 06 4 ROOM 90 sqm $530,000 $5,889
Nov 2025 01 TO 03 4 ROOM 90 sqm $510,000 $5,667
Jul 2025 13 TO 15 4 ROOM 90 sqm $525,000 $5,833
Jul 2025 01 TO 03 4 ROOM 93 sqm $532,888 $5,730
Aug 2024 10 TO 12 4 ROOM 90 sqm $520,000 $5,778
Jul 2024 07 TO 09 4 ROOM 90 sqm $485,000 $5,389
Jul 2024 13 TO 15 4 ROOM 94 sqm $510,000 $5,426
Mar 2024 10 TO 12 4 ROOM 94 sqm $575,000 $6,117
Dec 2023 10 TO 12 4 ROOM 93 sqm $516,000 $5,548
Nov 2023 10 TO 12 4 ROOM 90 sqm $490,000 $5,444
Apr 2023 07 TO 09 4 ROOM 90 sqm $460,000 $5,111
Apr 2023 13 TO 15 4 ROOM 93 sqm $480,888 $5,171
Feb 2023 10 TO 12 4 ROOM 93 sqm $493,000 $5,301
Jan 2023 07 TO 09 4 ROOM 90 sqm $463,000 $5,144
Oct 2022 07 TO 09 4 ROOM 92 sqm $515,000 $5,598
Sep 2022 04 TO 06 4 ROOM 94 sqm $423,000 $4,500
Sep 2022 10 TO 12 4 ROOM 90 sqm $452,000 $5,022
Showing 20 of 43 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 508 Jelapang Road

Block 508 at Jelapang Road is a residential HDB block in Bukit Panjang, Singapore, built in 1998 with approximately 71 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $300,000 to $575,000 based on 43 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $517,000 in 2026-05. The current median price per square metre is $5,022. Over the past five years, resale prices at this block have increased by approximately 32.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9133, with an annual lease decay rate of approximately 0.33%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 508 Jelapang Road worth?

The most recent resale transaction at Block 508 Jelapang Road was $517,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $5,022, based on 43 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 508 Jelapang Road?

Block 508 Jelapang Road was built in 1998 and has approximately 71 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 508 Jelapang Road?

Block 508 Jelapang Road in Bukit Panjang contains 4 room flats. Resale prices range from $300,000 to $575,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 508 Jelapang Road gone up or down?

Resale prices at Block 508 Jelapang Road have increased by approximately 32.9% over the past five years. The current median price is $452,000, with the most recent sale at $517,000 in 2026-05.

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