Block 540 Jelapang Road

4 Room · 5 Room · Built 1999 · 72 years remaining lease MOP Cleared
Latest Sale
$850,000
Oct 2025 · 5 ROOM · #04-06
Median $/sqm
$5,132
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +43.5%
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 540
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 72 years remaining 99 years
72 years 7 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
Oct 2025 04 TO 06 5 ROOM 120 sqm $850,000 $7,083
Jan 2025 16 TO 18 5 ROOM 120 sqm $838,000 $6,983
Nov 2024 10 TO 12 5 ROOM 120 sqm $769,000 $6,408
Aug 2024 13 TO 15 4 ROOM 100 sqm $548,000 $5,480
Jan 2024 13 TO 15 5 ROOM 120 sqm $783,000 $6,525
Sep 2022 16 TO 18 5 ROOM 120 sqm $800,888 $6,674
Jul 2022 19 TO 21 4 ROOM 102 sqm $520,000 $5,098
May 2022 01 TO 03 4 ROOM 101 sqm $455,000 $4,505
Jan 2022 19 TO 21 5 ROOM 120 sqm $700,000 $5,833
Dec 2021 13 TO 15 5 ROOM 120 sqm $700,000 $5,833
Nov 2021 19 TO 21 4 ROOM 100 sqm $508,000 $5,080
Sep 2021 01 TO 03 5 ROOM 120 sqm $595,000 $4,958
Aug 2021 04 TO 06 5 ROOM 120 sqm $620,000 $5,167
Mar 2021 07 TO 09 4 ROOM 100 sqm $468,000 $4,680
Mar 2021 01 TO 03 5 ROOM 120 sqm $581,000 $4,842
Sep 2019 07 TO 09 5 ROOM 120 sqm $560,000 $4,667
Mar 2019 04 TO 06 5 ROOM 120 sqm $520,000 $4,333
Mar 2019 16 TO 18 5 ROOM 120 sqm $650,000 $5,417
Feb 2018 01 TO 03 4 ROOM 101 sqm $350,000 $3,465
Aug 2017 19 TO 21 4 ROOM 102 sqm $382,500 $3,750
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 540 Jelapang Road

Block 540 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 $350,000 to $850,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $850,000 in 2025-10. The current median price per square metre is $5,132. Over the past five years, resale prices at this block have increased by approximately 43.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9177, 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 540 Jelapang Road worth?

The most recent resale transaction at Block 540 Jelapang Road was $850,000 for a 5 room flat in 2025-10. The median price per square metre across all flat types is $5,132, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 540 Jelapang Road?

Block 540 Jelapang Road was built in 1999 and has approximately 72 years and 7 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 540 Jelapang Road?

Block 540 Jelapang Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $350,000 to $850,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 540 Jelapang Road gone up or down?

Resale prices at Block 540 Jelapang Road have increased by approximately 43.5% over the past five years. The current median price is $588,000, with the most recent sale at $850,000 in 2025-10.

Link copied to clipboard