Block 538 Jelapang Road

4 Room · 5 Room · Built 1999 · 72 years remaining lease MOP Cleared
Latest Sale
$648,888
Dec 2025 · 4 ROOM · #19-21
Median $/sqm
$4,657
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +21.3%
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 6 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
Dec 2025 19 TO 21 4 ROOM 100 sqm $648,888 $6,489
Nov 2024 01 TO 03 5 ROOM 120 sqm $645,000 $5,375
Aug 2024 10 TO 12 5 ROOM 120 sqm $723,000 $6,025
Apr 2024 04 TO 06 5 ROOM 120 sqm $670,000 $5,583
Mar 2024 01 TO 03 5 ROOM 120 sqm $600,000 $5,000
Sep 2023 19 TO 21 4 ROOM 100 sqm $638,888 $6,389
Aug 2023 22 TO 24 5 ROOM 120 sqm $801,688 $6,681
Apr 2023 07 TO 09 5 ROOM 120 sqm $655,000 $5,458
Oct 2021 01 TO 03 5 ROOM 120 sqm $535,000 $4,458
Mar 2021 04 TO 06 5 ROOM 120 sqm $520,000 $4,333
Feb 2021 13 TO 15 5 ROOM 120 sqm $627,000 $5,225
Dec 2020 07 TO 09 4 ROOM 101 sqm $395,000 $3,911
Jan 2020 22 TO 24 4 ROOM 100 sqm $420,000 $4,200
Jan 2020 07 TO 09 4 ROOM 100 sqm $390,000 $3,900
Dec 2019 01 TO 03 4 ROOM 101 sqm $330,000 $3,267
Aug 2019 22 TO 24 5 ROOM 120 sqm $555,000 $4,625
Jul 2019 07 TO 09 5 ROOM 120 sqm $558,888 $4,657
Apr 2019 04 TO 06 5 ROOM 120 sqm $498,000 $4,150
Apr 2019 25 TO 27 5 ROOM 120 sqm $636,000 $5,300
Mar 2019 01 TO 03 4 ROOM 100 sqm $350,000 $3,500
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Jelapang Road

Block 538 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 $330,000 to $801,688 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 19 TO 21 sold for $648,888 in 2025-12. The current median price per square metre is $4,657. Over the past five years, resale prices at this block have increased by approximately 21.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9174, 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 538 Jelapang Road worth?

The most recent resale transaction at Block 538 Jelapang Road was $648,888 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,657, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Jelapang Road?

Block 538 Jelapang Road was built in 1999 and has approximately 72 years and 6 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 538 Jelapang Road?

Block 538 Jelapang Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $330,000 to $801,688 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Jelapang Road gone up or down?

Resale prices at Block 538 Jelapang Road have increased by approximately 21.3% over the past five years. The current median price is $558,888, with the most recent sale at $648,888 in 2025-12.

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