Block 514 Jelapang Road

4 Room · 5 Room · Built 1998 · 72 years remaining lease MOP Cleared
Latest Sale
$510,000
Jul 2025 · 4 ROOM · #04-06
Median $/sqm
$4,711
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
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Insufficient data
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 72 years remaining 99 years
72 years 2 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/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
Jul 2025 04 TO 06 4 ROOM 102 sqm $510,000 $5,000
May 2025 04 TO 06 5 ROOM 122 sqm $645,000 $5,287
Jul 2024 07 TO 09 4 ROOM 102 sqm $550,000 $5,392
Feb 2024 04 TO 06 4 ROOM 102 sqm $503,000 $4,931
Dec 2022 07 TO 09 5 ROOM 122 sqm $550,000 $4,508
Dec 2022 07 TO 09 5 ROOM 121 sqm $570,000 $4,711
Feb 2022 07 TO 09 4 ROOM 102 sqm $445,000 $4,363
Oct 2020 01 TO 03 5 ROOM 122 sqm $435,000 $3,566
Jun 2019 04 TO 06 4 ROOM 102 sqm $335,000 $3,284
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 514 Jelapang Road

Block 514 at Jelapang Road is a residential HDB block in Bukit Panjang, Singapore, built in 1998 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $335,000 to $645,000 based on 9 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $510,000 in 2025-07. The current median price per square metre is $4,711. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9165, with an annual lease decay rate of approximately 0.32%. 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 514 Jelapang Road worth?

The most recent resale transaction at Block 514 Jelapang Road was $510,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $4,711, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 514 Jelapang Road?

Block 514 Jelapang Road was built in 1998 and has approximately 72 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 514 Jelapang Road?

Block 514 Jelapang Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $335,000 to $645,000 based on historical transaction records from data.gov.sg.

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