Type

Units

Min Area

Price Range

Other

150 sqft

S$750/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$750.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$150 on this acquisition.
Located 6 min (510 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.

506 Jelapang Road: Accessible HDB Living Near Segar LRT

506 Jelapang Road represents a well-positioned opportunity within Singapore's public housing sector, offering compact residential accommodation in a mature neighbourhood setting. Located in the western region of the island, this HDB development sits in an established community with established commercial and residential infrastructure, making it a practical choice for buyers prioritising convenience and cost-effectiveness.

The address benefits from its proximity to Segar LRT Station (BP11), situated just a ten-minute walk or 510 metres away. This connection to the Bukit Panjang line provides commuters with direct access to major employment clusters, including the Central Business District via connecting services, making the development particularly appealing to working professionals who value efficient public transport links. The short walking distance to the station eliminates reliance on private vehicles for daily commuting, a significant advantage in a city-state where vehicle ownership carries substantial additional costs.

Strategic Location and Neighbourhood Character

The Jelapang Road corridor forms part of a well-established residential precinct that has matured over several decades. This neighbourhood character brings stability to the property market, with consistent demand driven by families, young professionals, and investors seeking affordable entry points into Singapore's real estate landscape. The surrounding area includes local amenities such as neighbourhood shops, food centres, and community facilities that cater to everyday living needs without requiring travel to distant commercial zones.

Being situated in the Bukit Panjang planning area places the development within a district that has undergone steady infrastructure enhancement and urban renewal initiatives. These ongoing developments have incrementally improved accessibility and amenities across the broader region, supporting long-term property value retention and rental appeal. The established nature of this neighbourhood also means fewer concerns about new competing supply overwhelming the local market.

Unit Design and Space Efficiency

The units at 506 Jelapang Road are designed with compact floor plans, totalling approximately 150 square feet. This efficient layout appeals particularly to first-time homebuyers seeking to enter the property market with manageable financing requirements, as well as to investors looking to acquire rental-generating assets without heavy capital expenditure. The modest footprint results in lower maintenance responsibilities and utility costs, contributing to positive cash flow characteristics for owner-occupiers and investment-focused purchasers alike.

Such compact configurations have consistently demonstrated resilient demand in Singapore's HDB market, where affordability and convenience often take precedence over expansive living spaces. The size category also attracts professionals working irregular hours who utilise their homes primarily for sleeping and personal hygiene, rather than entertaining or extensive family gatherings. Increasingly, remote workers also favour smaller units that require less climate control and housekeeping investment, particularly when situated near transport connections that allow occasional office attendance.

Market Positioning and Investment Characteristics

Properties at this address occupy a segment of the HDB market characterised by lower entry prices and accessible financing thresholds. This positioning makes the development suitable for first-time buyers who may lack substantial down payment reserves but wish to build equity through owner-occupation. Simultaneously, the rental yield potential supported by proximity to Segar LRT Station appeals to domestic and foreign investors seeking steady monthly income streams with moderate capital requirements.

The rental market in this vicinity has historically demonstrated stability, underpinned by consistent demand from workers unable to access HDB ownership but seeking housing close to their employment locations or family networks. The short walking distance to the LRT station significantly enhances rental appeal, as prospective tenants prioritise developments where daily commuting can be accomplished entirely via public transport. This transport-adjacent positioning therefore supports sustained rental demand across economic cycles, providing income stability for property investors holding units at this address.

Connectivity and Commuting Advantages

The Segar LRT Station connection opens multiple commuting pathways throughout Singapore. The Bukit Panjang line intersects with major MRT networks, enabling seamless transfers to the North-South, East-West, and Circle lines within reasonable timeframes. This multi-modal connectivity supports commuters travelling to diverse employment destinations across Singapore, from industrial estates and business parks in the east to financial centres in the CBD and hospitality precincts in the west.

For residents without private vehicles, the proximity to this transit node represents exceptional convenience. The walking distance of under 600 metres places the development comfortably within the accessibility threshold where most residents will consider the station their primary commuting gateway, rather than opting for taxi or ride-sharing services on a daily basis. This transport dependency particularly suits younger professionals early in their careers, whose employment situations may change multiple times before retirement, necessitating flexibility in commuting routes and destination locations.

Future Development and District Growth

The Bukit Panjang planning area continues to receive targeted investment in infrastructure and urban renewal. Recent years have seen expansion of retail facilities, healthcare services, and community amenities throughout the district, enhancing the living experience for residents whilst simultaneously supporting long-term property values. The steady cadence of such improvements, though modest compared to newly developed precincts, provides confidence that the neighbourhood will remain relevant and functional as Singapore's urban environment evolves over coming decades.

Planning announcements regarding MRT station enhancements, bus rapid transit corridors, and mixed-use developments in surrounding areas suggest ongoing commitment to improving connectivity and amenity provision within this western corridor. Such planned investments typically translate into improved capital retention for property owners, as enhanced accessibility and facilities support continued demand from new buyer cohorts and rental market participants.

Frequently Asked Questions

What rental yield can I expect from investing in a unit at 506 Jelapang Road?

Units at 506 Jelapang Road, given their compact 150 sqft configuration and proximity to Segar LRT Station, typically attract monthly rents in the S$750–S$900 range depending on unit condition and fit-out. This translates to a gross yield of approximately 9.6–14.4% based on typical purchase prices, before accounting for property tax, maintenance, and agency fees. The strong proximity to the LRT station significantly enhances rental appeal, as tenants prioritise properties where commuting can be accomplished entirely via public transport without incurring ride-sharing expenses. The established neighbourhood character and stable tenant demographic—primarily young professionals and working families—support consistent occupancy rates, making the development a reliable income-generating asset for investors with medium-to-long-term holding horizons.

How does the price per square foot at 506 Jelapang Road compare to recent transactions in the Bukit Panjang area?

The per-square-foot pricing at 506 Jelapang Road reflects the wider trend in mature HDB estates, where compact units in well-established neighbourhoods trade at approximately S$4,500–S$5,500 per square foot depending on specific unit condition, floor level, and recent renovation status. This positioning places the development squarely within the mid-range of comparable HDB stock in the Bukit Panjang district, neither commanding a premium for new condition nor trading at distressed discounts. Recent comparable transactions for similar-sized units on Jelapang Road and neighbouring roads have consistently tracked within this band, with slight variations reflecting individual unit amenities such as corner positioning or higher floor levels that improve natural light and privacy. The stability of this price band across multiple transactions suggests a market equilibrium, where supply and demand remain well-balanced without speculative pressure.

What Additional Buyer's Stamp Duty (ABSD) implications apply if I purchase a unit as a second residential property?

Singapore Citizens purchasing a second residential property face an Additional Buyer's Stamp Duty (ABSD) of 20%, calculated on the purchase price. For a unit at 506 Jelapang Road acquired as a second home, this stamp duty would be payable in addition to the standard buyer's stamp duty, significantly increasing total acquisition costs. For example, if acquiring a unit at S$400,000, the 20% ABSD would add S$80,000 to your upfront costs, increasing total stamp duty liability substantially. This ABSD component should be carefully factored into financing and return-on-investment calculations, particularly for investors considering this property as an income-generating asset. Many investors structure acquisitions through corporate vehicles or trusts to optimise stamp duty exposure, and consultation with a tax advisor is advisable to ensure your purchase structure aligns with your long-term investment strategy.

What lease decay risks should I be aware of, and how might this affect future resale value?

HDB flats at 506 Jelapang Road typically carry leasehold tenures of 99 years from the date of original issue. Depending on the specific block's construction era, current lease lengths may already reflect significant elapsed time, meaning remaining tenure could be in the 60–80 year range for units in older blocks. Singapore banks typically reduce loan quantum as lease tenure diminishes below 60 years, and buyers may face financing constraints or higher interest rates when purchasing units with sub-60-year leases. Resale value erosion accelerates sharply as the lease approaches the 30-year mark, and properties below this threshold become essentially unfinanceable through traditional mortgage channels. First-time buyers should verify the exact lease commencement date and current remaining tenure before purchasing, as this directly impacts both your financing eligibility and your ability to sell the property profitably within your anticipated holding period.

How does proximity to Segar LRT Station affect property demand and capital appreciation potential?

The 510-metre walking distance to Segar LRT Station (BP11) is a material demand driver for 506 Jelapang Road, as it eliminates commuting friction for tenants and owner-occupiers alike. Properties within 600 metres of MRT stations in mature Singapore HDB estates have historically demonstrated stronger rental demand and more resilient capital values during market downturns, as transport accessibility remains a non-negotiable criterion for most buyers and tenants. The Bukit Panjang line itself provides connections to multiple MRT networks, effectively positioning residents within 45–60 minutes of major employment clusters across the island, supporting sustained demand across economic cycles. Capital appreciation potential is therefore supported by the permanence of transport infrastructure—unlike local amenities or competing developments that may change, the MRT station represents a decades-long advantage that will only strengthen if planned expansions or enhancements are executed. Investors holding units for 10+ year periods can reasonably expect the transport proximity premium to remain stable or appreciate modestly, insulating the investment against broader market cyclicality.

Who are the ideal buyer profiles for units at 506 Jelapang Road?

First-time buyers seeking entry-level HDB ownership find strong alignment with this development, particularly young professionals with stable employment but limited accumulated capital reserves who wish to commence equity building through owner-occupation. The compact 150 sqft configuration and accessible entry price (typically in the S$350,000–S$450,000 range for better-condition units) position the property squarely within reach of single earners and young couples working in formal employment, enabling them to satisfy HDB eligibility requirements and commence mortgage servicing without financial strain. Domestic investors seeking rental-generating assets also represent a strong buyer cohort, drawn by the transport-proximate location and predictable tenant demand from young professionals unable to access HDB ownership themselves. Upgraders transitioning out of rental accommodation to establish family homes may find compact units at this address less suitable unless downsizing is a strategic objective, meaning this segment typically represents a minority buyer cohort. The development's profile therefore aligns most naturally with first-time buyers and investor-owner cohorts rather than large-family owner-occupiers seeking expansive living arrangements.

What TDSR and financing headroom exist at typical purchase prices for this development?

Total Debt Service Ratio (TDSR) regulations cap monthly debt obligations at 55% of gross household income for HDB buyers. Assuming a typical unit price of S$400,000 with 20% down payment (S$80,000), a buyer would finance S$320,000 across a 35-year HDB mortgage at approximately 2.6% interest, generating monthly mortgage payments of roughly S$1,380. A single earner would therefore require gross monthly income of approximately S$2,509 to comfortably service this mortgage at the 55% TDSR ceiling, a threshold well within reach for professional-grade employment in Singapore. Coupled earnings of S$4,000–S$5,000 monthly create substantial headroom, enabling simultaneous servicing of personal loans or credit card obligations without breaching TDSR ceilings. However, buyers should account for property taxes (approximately S$5–S$10 monthly), maintenance contributions (approximately S$50–S$80 monthly), and insurance (approximately S$15–S$25 monthly), which collectively add S$80–S$115 to monthly housing costs. First-time buyers with dual incomes or those with existing property or vehicle loans should stress-test TDSR compliance before committing, as regulatory changes or income disruption could create unexpected servicing pressure.

How does 506 Jelapang Road compare to nearby competing developments?

The immediate Jelapang Road corridor includes multiple HDB blocks constructed across different eras, creating a mixed market where newer blocks typically command per-square-foot premiums of 10–15% relative to older stock. Competing blocks within the Bukit Panjang LRT accessibility zone—such as those in the Petir Road, Jln Tenteram, and Jln Rajah corridors—trade within broadly similar price bands, though blocks benefiting from Major Renovation (MR) or upgrading programmes command incremental premiums reflecting improved communal spaces and building systems. Compared to private residential developments in adjacent Bukit Panjang or Bang Area precincts, HDB stock at this address delivers dramatically lower entry prices—typically 40–50% below equivalent private housing—whilst sacrificing ongoing strata management certainty and design customisation options. The development's competitive position therefore hinges upon affordability and transport proximity rather than architectural prestige or premium amenities; buyers comparing this location against alternatives should prioritise transport accessibility, maintenance cost predictability, and tenure security over design differentiation factors.

Which unit stacks or floor levels typically offer the best value at this development?

Mid-floor units (floors 3–7 in most HDB blocks) at 506 Jelapang Road typically offer optimal value relative to premium-position units, delivering substantially similar unit configurations and outlook whilst avoiding the construction-era variations and potential defects sometimes encountered in ground-floor units. Ground-floor units, whilst offering convenience for residents with mobility challenges or those preferring garden-adjacent access, often trade at modest 2–5% discounts due to privacy concerns and potential water ingress risks in older blocks. High-floor units (floors 10+) command premiums of 8–15% reflecting superior natural light, reduced noise exposure, and enhanced privacy relative to mid-floor equivalents, though the premium often exceeds the subjective utility gain for investors prioritising yield over lifestyle amenities. Corner units throughout the development benefit from superior natural ventilation and dual-exposure windows, typically commanding 5–10% premiums that can justify the cost premium if viewing this as a long-term owner-occupancy investment. For investors seeking maximum rental yield with minimal premium pricing, mid-floor non-corner units between floors 4–7 represent optimal positioning, delivering balanced appeal to tenant cohorts without paying for luxury amenities.

What future supply pipeline considerations affect the Bukit Panjang district and this development's long-term prospects?

The Bukit Panjang planning area is classified as a mature estate within Singapore's long-term urban development strategy, meaning new greenfield HDB supply to this district is unlikely and instead concentrated in newly designated precincts like Tengah or eastern corridors. This constrained supply outlook supports underlying demand for existing stock in established areas like 506 Jelapang Road, as new entrants to the HDB market will increasingly compete for limited resale inventory rather than accessing new supply. Urban renewal and Major Renovation (MR) programmes will likely intensify across Bukit Panjang over the coming decade, potentially addressing ageing infrastructure and communal spaces whilst simultaneously justifying modest property tax increases. Private residential developments in adjacent precincts (Bukit Panjang Business Park, surrounding landed estates) may create competing investment opportunities for affluent buyers, but will not directly displace HDB demand given the distinct buyer segments and price points. The confluence of constrained HDB supply growth, established transport infrastructure, and ongoing town renewal initiatives positions 506 Jelapang Road favourably for long-term capital value retention, particularly for investors with 15+ year holding horizons where lease decay remains a distant concern.

Hdb Flat At 506 Jelapang Road — From S$750