Block 534 Jelapang Road

4 Room · 5 Room · Built 1999 · 72 years remaining lease MOP Cleared
Latest Sale
$815,000
Sep 2025 · 5 ROOM · #19-21
Median $/sqm
$4,600
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +85.2%
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 72 years remaining 99 years
72 years 9 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.31%/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
Sep 2025 19 TO 21 5 ROOM 121 sqm $815,000 $6,736
Aug 2024 10 TO 12 4 ROOM 101 sqm $532,000 $5,267
Jul 2024 01 TO 03 4 ROOM 101 sqm $505,000 $5,000
Jan 2024 07 TO 09 4 ROOM 101 sqm $526,000 $5,208
Aug 2023 10 TO 12 4 ROOM 100 sqm $520,000 $5,200
Dec 2022 07 TO 09 4 ROOM 100 sqm $526,000 $5,260
Mar 2021 19 TO 21 4 ROOM 100 sqm $440,000 $4,400
Oct 2020 07 TO 09 5 ROOM 120 sqm $552,000 $4,600
Jul 2020 10 TO 12 5 ROOM 120 sqm $565,000 $4,708
Mar 2020 10 TO 12 5 ROOM 120 sqm $558,000 $4,650
Sep 2018 19 TO 21 5 ROOM 121 sqm $520,000 $4,298
Sep 2018 07 TO 09 5 ROOM 120 sqm $555,000 $4,625
Jun 2018 04 TO 06 5 ROOM 120 sqm $471,000 $3,925
Jan 2018 10 TO 12 4 ROOM 100 sqm $399,999 $4,000
Oct 2017 13 TO 15 4 ROOM 100 sqm $398,000 $3,980
Aug 2017 07 TO 09 4 ROOM 100 sqm $415,000 $4,150
Aug 2017 10 TO 12 5 ROOM 120 sqm $550,000 $4,583
May 2017 19 TO 21 4 ROOM 102 sqm $378,000 $3,706
Feb 2017 19 TO 21 4 ROOM 102 sqm $375,000 $3,676
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 534 Jelapang Road

Block 534 at Jelapang Road is a residential HDB block in Bukit Panjang, Singapore, built in 1999 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $375,000 to $815,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 19 TO 21 sold for $815,000 in 2025-09. The current median price per square metre is $4,600. Over the past five years, resale prices at this block have increased by approximately 85.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9181, with an annual lease decay rate of approximately 0.31%. 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 534 Jelapang Road worth?

The most recent resale transaction at Block 534 Jelapang Road was $815,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $4,600, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 534 Jelapang Road?

Block 534 Jelapang Road was built in 1999 and has approximately 72 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 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 534 Jelapang Road?

Block 534 Jelapang Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $375,000 to $815,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 534 Jelapang Road gone up or down?

Resale prices at Block 534 Jelapang Road have increased by approximately 85.2% over the past five years. The current median price is $520,000, with the most recent sale at $815,000 in 2025-09.

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