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Block 506 Jelapang Road

4 Room · 5 Room · Built 1998 · 71 years remaining lease MOP Cleared
Latest Sale
$675,000
Apr 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$4,412
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +37.8%
Median price change
Median Price ?
Top 49%
#163 / 335 Top 49%
Latest Sale ?
Top 31%
#103 / 335 Top 31%
Value ($/sqm) ?
Top 62%
#207 / 335 Top 62%
5-Year Growth ?
Top 24%
#55 / 233 Top 24%
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
+6.6%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +37.8% 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
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.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 07 TO 09 5 ROOM 121 sqm $675,000 $5,579
Dec 2025 13 TO 15 5 ROOM 120 sqm $685,000 $5,708
Jan 2025 13 TO 15 5 ROOM 121 sqm $660,000 $5,455
Oct 2024 13 TO 15 4 ROOM 102 sqm $568,000 $5,569
Sep 2024 04 TO 06 5 ROOM 120 sqm $620,000 $5,167
Jul 2024 13 TO 15 5 ROOM 120 sqm $645,000 $5,375
Feb 2024 10 TO 12 4 ROOM 101 sqm $498,000 $4,931
Jan 2024 01 TO 03 4 ROOM 101 sqm $430,000 $4,257
Nov 2023 13 TO 15 4 ROOM 102 sqm $513,000 $5,029
Oct 2023 13 TO 15 4 ROOM 101 sqm $503,000 $4,980
Jun 2023 04 TO 06 4 ROOM 102 sqm $495,000 $4,853
Dec 2022 01 TO 03 4 ROOM 101 sqm $470,000 $4,653
Dec 2022 07 TO 09 4 ROOM 102 sqm $480,000 $4,706
Jul 2022 04 TO 06 4 ROOM 102 sqm $440,000 $4,314
Jun 2022 01 TO 03 4 ROOM 102 sqm $450,000 $4,412
Apr 2022 04 TO 06 4 ROOM 102 sqm $420,000 $4,118
Jan 2022 16 TO 18 4 ROOM 101 sqm $470,000 $4,653
Dec 2021 07 TO 09 4 ROOM 102 sqm $440,000 $4,314
Sep 2021 07 TO 09 4 ROOM 102 sqm $438,000 $4,294
Jun 2021 01 TO 03 5 ROOM 121 sqm $490,000 $4,050
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 506 Jelapang Road

Block 506 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, 5 room flats, with resale prices ranging from $318,000 to $685,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $675,000 in 2026-04. The current median price per square metre is $4,412. Over the past five years, resale prices at this block have increased by approximately 37.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9131, 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 506 Jelapang Road worth?

The most recent resale transaction at Block 506 Jelapang Road was $675,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $4,412, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 506 Jelapang Road?

Block 506 Jelapang Road was built in 1998 and has approximately 71 years 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 506 Jelapang Road?

Block 506 Jelapang Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $318,000 to $685,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 506 Jelapang Road gone up or down?

Resale prices at Block 506 Jelapang Road have increased by approximately 37.8% over the past five years. The current median price is $472,000, with the most recent sale at $675,000 in 2026-04.

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