Type

Units

Min Area

Price Range

4 BR

968 sqft

S$560K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$560K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$112K on this acquisition.
Located 3 min (270 m) from BP11 Segar LRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

508 Jelapang Road: Quality HDB Living in Bukit Panjang

508 Jelapang Road stands as a well-regarded Housing Development Board (HDB) housing project situated in the Bukit Panjang precinct of Singapore. This established residential development offers a selection of units designed to accommodate diverse household compositions and living requirements. The project's positioning within a mature estate provides residents with the stability and community infrastructure associated with long-standing neighbourhoods across the island state.

The development benefits from exceptional connectivity, situated merely three minutes' walk—approximately 270 metres—from Segar LRT Station (BP11). This proximity to rapid transit infrastructure significantly enhances accessibility for residents commuting to employment centres across Singapore. The Bukit Panjang LRT Line itself forms part of Singapore's comprehensive public transport network, enabling seamless connections to other major employment and commercial nodes throughout the island.

Location and Neighbourhood Context

Jelapang Road and the surrounding Bukit Panjang area represent a mature residential enclave with established commercial and recreational infrastructure. The neighbourhood has developed over decades, resulting in a well-rounded community with schools, healthcare facilities, and retail establishments within walking distance. This maturity means that residents benefit from predictable service levels and community stability, characteristics that distinguish established estates from newer developments still in their formative years.

The proximity to Segar LRT Station positions the development advantageously for professionals working in the central business district, east coast, or northern growth corridors. Morning and evening commutes are streamlined through direct rail connections, reducing reliance on private vehicles and contributing to a more sustainable lifestyle for residents. The station itself forms a transport nodal point connecting residents to wider Singapore.

Housing Stock and Unit Configuration

The development comprises HDB flats available in various configurations, catering to different household sizes and preferences. Units range across multiple bedroom categories, with sizes extending to approximately 968 square feet for larger configurations. This variety in unit types ensures that first-time buyers, upgrading families, and investors can find configurations suited to their specific housing needs and financial parameters.

Current availability reflects the ongoing resale market activity typical of mature HDB estates, where units become available as residents upgrade, downsize, or relocate for employment. Pricing for units at this development commences from approximately S$560,000, positioning the project within an accessible range for both owner-occupiers and buy-to-let investors seeking exposure to Bukit Panjang's residential market.

Investment and Rental Considerations

As a mature HDB estate with established rental demand, 508 Jelapang Road presents viable opportunities for property investors seeking regular rental yields. The accessibility provided by Segar LRT Station creates consistent tenant demand among young professionals and families seeking convenient transport links. The neighbourhood's proximity to schools, shopping centres, and healthcare facilities further supports rental attractiveness, as tenants prioritise such conveniences when evaluating residential options.

The rental market in Bukit Panjang has demonstrated resilience, supported by the estate's maturity, demographic diversity, and infrastructural completeness. Properties at this development are likely to attract tenants from the working-age population seeking affordable, well-connected accommodation. Investors evaluating units at 508 Jelapang Road should assess anticipated rental rates against prevailing price points to determine projected yields aligned with their investment objectives.

Financing and Buyer Eligibility

Prospective purchasers should be aware that HDB flat purchases involve specific financing regulations and eligibility criteria administered by the Housing Development Board. First-time buyers typically benefit from more favourable financing terms and may qualify for grant schemes, whereas upgrading buyers and investors navigate different regulatory frameworks. Professional financial advice is strongly recommended to understand individual eligibility, loan tenure implications, and total debt servicing capacity in relation to current price points.

For Singapore Citizens purchasing a second residential property, the Additional Buyer's Stamp Duty (ABSD) applies at 20%, significantly impacting the total acquisition cost. Investors and upgraders must factor this duty into their financial planning, as it represents a material cost on top of the property price and other transactional expenses. Careful modelling of financing requirements and cash flow implications is essential before proceeding with purchase decisions.

Market Positioning and Resale Dynamics

The Bukit Panjang HDB market has historically demonstrated steady price appreciation aligned with broader HDB resale trends across Singapore. Properties in established estates with strong transport connectivity and mature amenity profiles typically command sustained demand, supporting relatively stable capital values over medium to long-term holding periods. The presence of Segar LRT Station as a primary transport hub contributes positively to the development's resale attractiveness.

Comparable properties in the Bukit Panjang area guide valuation benchmarks for units at 508 Jelapang Road. Recent resale transactions in the precinct provide reference points for assessing price-per-square-foot metrics and market sentiment. Buyers and sellers are encouraged to review transactional data for comparable units to determine fair pricing aligned with current market conditions.

Community and Facilities

As a mature HDB estate, Bukit Panjang offers comprehensive community facilities including retail precincts, food courts, and recreational spaces. The neighbourhood supports multiple schools across primary and secondary levels, making it particularly attractive for families with dependent children. Healthcare facilities, including polyclinics and private practices, are accessible within the estate and surrounding areas.

The development's location within an established precinct ensures residents benefit from years of accumulated community infrastructure and services. Parks, sports facilities, and community centres operated by grassroots organisations provide residents with recreational and social engagement opportunities. This infrastructural maturity distinguishes 508 Jelapang Road from newer developments still establishing their service ecosystems.

Practical Considerations for Prospective Buyers

Individuals considering units at 508 Jelapang Road should evaluate their personal housing objectives, financing capacity, and investment horizon. First-time buyers benefit from simpler regulatory frameworks and may access grants unavailable to subsequent purchasers. Upgrading households might prioritise unit size, layout, and specific floor levels to optimise their living experience. Investors should conduct detailed yield analysis, including anticipated rental income relative to total acquisition costs including ABSD.

Site visits and in-person inspection of available units provide invaluable insight into floor plans, natural lighting, ventilation, and proximity to facilities. The development's maturity means the physical condition of common areas and building infrastructure can be directly observed, informing purchase decisions. Consultation with housing finance professionals, legal advisors, and real estate specialists ensures informed decision-making aligned with individual circumstances.

Frequently Asked Questions

What rental yield can investors typically expect from units at 508 Jelapang Road?

Rental yields at mature HDB estates like 508 Jelapang Road typically range between 3% to 5% gross annual yield, depending on unit configuration, floor level, and prevailing market rental rates in Bukit Panjang. The proximity to Segar LRT Station enhances tenant appeal, supporting consistent demand from young professionals and families seeking convenient transport access. Investors should conduct detailed analysis of comparable rental transactions in the precinct and factor in operating costs, property tax, and potential void periods to calculate net yields aligned with their investment objectives. Market rental rates for similar units in Bukit Panjang have demonstrated stability over recent years, reflecting sustained demand from the working-age demographic.

How do current prices at 508 Jelapang Road compare to recent psf transactions in Bukit Panjang?

Units at 508 Jelapang Road are priced competitively within the Bukit Panjang HDB resale market, with price points starting from approximately S$560,000 reflecting current market conditions for comparable units in the estate. Price-per-square-foot metrics for units in this development typically align with recent Bukit Panjang transactions, positioning the project as reasonably valued relative to nearby competing developments. Buyers should review transactional data from the Housing Development Board and private portals to benchmark pricing against comparable units with similar configurations, floor levels, and building vintage. The maturity of the estate and strong transport connectivity via Segar LRT Station support pricing stability in the local market.

What is the Additional Buyer's Stamp Duty (ABSD) impact for second property buyers?

Singapore Citizens purchasing a second residential property at 508 Jelapang Road face Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, significantly increasing total acquisition costs beyond the listed property price. For a purchase price of S$560,000, ABSD would amount to S$112,000, requiring careful cash flow planning and financing structuring. This substantial duty must be factored into investment analyses, as it directly impacts overall return calculations and affects the pricing power available to upgrading buyers or investors. Buyers are strongly advised to consult legal and financial professionals to understand the full cost implications and explore any applicable exemptions or deferrals under specific Housing Development Board schemes.

Does lease decay impact resale value for HDB units at this development?

HDB flats at 508 Jelapang Road do not face lease decay concerns in the traditional sense, as Housing Development Board leases are structured to maintain value and property rights through the full lease tenure, with the board typically acquiring properties at market value upon expiry. The development's current resale market activity reflects confidence in long-term value retention among buyers and investors. However, as with all HDB properties, buyers should understand that as lease tenure declines below 90 years, financing accessibility may become more constrained, potentially affecting future purchasers' borrowing capacity and limiting the buyer pool. Prospective purchasers should verify the exact remaining lease tenure for specific units and model financing implications for themselves and future generations of owners.

How does proximity to Segar LRT Station influence capital appreciation and rental demand?

The three-minute walking distance to Segar LRT Station (BP11) positions 508 Jelapang Road advantageously for sustained capital appreciation and rental demand, as transport connectivity is a primary determinant of HDB property valuations in mature estates. Properties within walking distance of rapid transit stations typically command premium pricing relative to equivalent units further from transport hubs, and this development benefits from that transport value premium. The Bukit Panjang LRT Line provides seamless access to employment nodes across Singapore, making the development particularly attractive to working professionals and families prioritising commuting convenience. Historical data from Bukit Panjang suggests that properties near transport hubs experience stronger price resilience during market cycles and maintain consistent tenant demand, supporting both owner-occupancy and investment objectives.

Is 508 Jelapang Road suitable for first-time buyers, upgraders, and investors?

508 Jelapang Road caters to diverse buyer profiles, each with distinct requirements and opportunities. First-time buyers benefit from favourable financing terms and grant schemes, while the established estate's mature amenities and stable environment provide an excellent foundation for entering property ownership. Upgrading households can evaluate unit configurations suited to growing family needs, with the transport connectivity supporting professional accessibility for dual-income households. Investors find the development attractive due to consistent rental demand from the working-age population, relatively stable pricing within the Bukit Panjang market, and the income-generating potential of regular tenant turnover. Each buyer profile should conduct tailored analyses reflecting their specific circumstances, financing capacity, and long-term housing or investment objectives.

What TDSR and financing headroom apply to typical price points at this development?

Total Debt Service Ratio (TDSR) limits of 60% apply to Housing Development Board property purchases, determining the maximum loan amount prospective buyers can access based on gross household income. For typical purchase prices at 508 Jelapang Road commencing around S$560,000, buyers with gross household income of approximately S$7,500 to S$9,000 monthly can comfortably service a loan covering the majority of the purchase price with appropriate down payment reserves. Buyers should model their own financing capacity carefully, accounting for existing liabilities, spouse's income contributions, and anticipated rate pressures over the loan tenure. Professional financial advisors and housing finance specialists can provide tailored assessments of borrowing capacity aligned with individual income profiles and existing debt obligations.

How do competing HDB developments in Bukit Panjang compare to 508 Jelapang Road?

508 Jelapang Road competes within the Bukit Panjang HDB resale market alongside other established estates offering varying configurations, age profiles, and proximity to transport infrastructure. The primary competitive advantage of this development is its proximity to Segar LRT Station, providing exceptional transport connectivity relative to some competing properties further from the station. Nearby HDB developments in the Bukit Panjang precinct may offer newer common facilities or different architectural designs, but typically command comparable pricing reflecting the mature estate market dynamics. Buyers evaluating competing developments should assess factors including walking distance to transport, condition of common areas, availability of desired unit configurations, and recent transactional pricing to determine which property best aligns with personal priorities and investment criteria. The development's established community infrastructure provides stability that newer, less mature estates may not yet offer.

Which unit stacks or floor levels offer optimal value at 508 Jelapang Road?

Floor level and unit positioning significantly influence HDB flat valuations, with mid-to-upper floor units typically commanding premium pricing due to superior natural lighting, reduced external noise, and enhanced privacy relative to lower floors. However, ground and first-level units at 508 Jelapang Road may offer exceptional value for mobility-conscious buyers or those prioritising convenience over premium sightlines. Units facing quieter streets or community facilities may price below market averages whilst offering practical advantages. Buyers should conduct personal site visits across multiple floor levels to assess natural lighting conditions, ventilation quality, and proximity to facilities that align with their lifestyle priorities. Working with experienced housing advisors familiar with the specific building layouts enables informed assessment of which unit stacks deliver optimal value relative to purchase price and anticipated resale appreciation.

What future supply pipeline exists for HDB in Bukit Panjang district?

The Bukit Panjang district has reached substantial maturity in its Housing Development Board supply profile, with most new construction activity concentrated in designated growth areas rather than established precincts. This relative scarcity of new HDB supply in Bukit Panjang supports demand stability for resale properties at 508 Jelapang Road, as the available housing stock remains relatively constrained. Housing Development Board's masterplan for Bukit Panjang focuses on estate rejuvenation and selective upgrading rather than large-scale new construction, meaning future supply additions are unlikely to significantly increase housing stock in the immediate precinct. This supply-demand dynamic supports relatively stable pricing for established properties, though buyers should monitor Housing Development Board announcements regarding selective en bloc initiatives or major upgrading programmes that might influence property values. The relative scarcity of new HDB units in this mature district enhances the investment case for properties at 508 Jelapang Road.

[For Sale] Hdb Flat At 508 Jelapang Road — From S$560K