Block 523 Jelapang Road

4 Room · 5 Room · Executive · Built 1998 · 71 years remaining lease MOP Cleared
Latest Sale
$580,000
Feb 2026 · 4 ROOM · #10-12
Median $/sqm
$4,639
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▼ -10.8%
Median price change
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 71 years remaining 99 years
71 years 9 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 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
Feb 2026 10 TO 12 4 ROOM 103 sqm $580,000 $5,631
Dec 2024 07 TO 09 4 ROOM 103 sqm $560,000 $5,437
Dec 2024 07 TO 09 5 ROOM 123 sqm $695,000 $5,650
Sep 2024 13 TO 15 4 ROOM 103 sqm $606,666 $5,890
Sep 2024 16 TO 18 5 ROOM 121 sqm $710,000 $5,868
Apr 2024 01 TO 03 5 ROOM 120 sqm $580,000 $4,833
Dec 2022 01 TO 03 EXECUTIVE 143 sqm $730,000 $5,105
Sep 2022 01 TO 03 5 ROOM 123 sqm $540,000 $4,390
Jul 2022 10 TO 12 5 ROOM 121 sqm $605,000 $5,000
Feb 2022 04 TO 06 4 ROOM 103 sqm $450,000 $4,369
Dec 2021 04 TO 06 5 ROOM 121 sqm $550,000 $4,545
Dec 2021 13 TO 15 5 ROOM 131 sqm $620,000 $4,733
Sep 2021 13 TO 15 EXECUTIVE 144 sqm $730,000 $5,069
Jan 2021 04 TO 06 EXECUTIVE 143 sqm $680,000 $4,755
Feb 2020 04 TO 06 EXECUTIVE 144 sqm $605,000 $4,201
Sep 2019 04 TO 06 EXECUTIVE 144 sqm $660,000 $4,583
Aug 2019 10 TO 12 5 ROOM 123 sqm $448,000 $3,642
May 2019 04 TO 06 EXECUTIVE 144 sqm $605,000 $4,201
Apr 2019 07 TO 09 4 ROOM 103 sqm $336,000 $3,262
Jul 2018 04 TO 06 4 ROOM 103 sqm $350,000 $3,398
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 523 Jelapang Road

Block 523 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, executive flats, with resale prices ranging from $336,000 to $730,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $580,000 in 2026-02. The current median price per square metre is $4,639. Over the past five years, resale prices at this block have decreased by approximately 10.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9153, 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 523 Jelapang Road worth?

The most recent resale transaction at Block 523 Jelapang Road was $580,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,639, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 523 Jelapang Road?

Block 523 Jelapang Road was built in 1998 and has approximately 71 years and 9 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 523 Jelapang Road?

Block 523 Jelapang Road in Bukit Panjang contains 4 room, 5 room, executive flats. Resale prices range from $336,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 523 Jelapang Road gone up or down?

Resale prices at Block 523 Jelapang Road have decreased by approximately 10.8% over the past five years. The current median price is $605,000, with the most recent sale at $580,000 in 2026-02.

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