An executive premium apartment HDB flat at 181 Jelebu Road was just sold for a record high price of $1.18 million ($863 psf). The lease of the 127 sqm flat started in 2003, leaving it with a remaining lease of 76 years. The flat is located on the 22nd to 24th storey range. This floor area is equivalent to 1,367-sq ft.
The recent transaction surpassed the previous record high for executive flats in Bukit Panjang. In December 2024, an executive at 183 Jelebu Road was sold for $1.1 million ($811 psf). That flat measures 1,356 sq ft and is located on the 28th to 30th storeys. Both flats started their lease in 2003. However, the flat at Block 183 has a longer lease of 77 years, as its lease started in 2003.
These two transactions surpassed last year’s record high of $1.1 million ($719 psf), which was set by a flat that is located at 544 Jelapang Rd. That unit was sold in August 2024. The flat measures 1,528 sq ft. It is located on the 16th to 18th storeys and it has a remaining lease of 73 years.
Three private property transactions were recently recorded nearby, an apartment at Hillion Residences along Jelebu Road was sold for 1.37 million, an apartment at Maysprings along Petir Road was sold for 1.63 million and an apartment at The Tennery along Woodlands Road was sold for 840,000.
You can check all the resale transactions (and more) for executive flats in Bukit Panjang using our property research tools.
The HDB flat should appeal to parents with school-going children, as they are within walking distance of several schools, including Greenridge Primary School, Bukit Panjang Primary School, Teck Whye Primary School, West Spring Secondary School, Swiss Cottage Secondary School and Zhenghua Secondary School. Nearby MRT stations include Cashew, Bukit Panjang and Pending. Grocery shopping can be done in places like FairPrice Finest, Sheng Siong Supermarket and Sheng Siong Supermarket.