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Block 323 Jurong East Street 31

Executive · Built 1985 · 59 years remaining lease · Updated Dec 2024 MOP Cleared

Block 323 Jurong East Street 31 has 22 recorded HDB resale transactions since 2017. Latest sale: $843,000 (Dec 2024, executive, floors 10–12). Median $4,404/sqm. Built 1985, 59 years lease remaining.

Latest Sale
$843,000
Dec 2024 · EXECUTIVE · Floor 10-12
Median $/sqm
$4,404
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 12%
#27 / 224 Top 12%
Latest Sale ?
Top 8%
#17 / 224 Top 8%
Value ($/sqm) ?
Top 66%
#148 / 224 Top 66%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 59 years remaining 99 years
59 years 10 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Jurong East average.

Flat type Median rent /mo Gross yield Based on
Executive $4,150 typically $3,850–$4,400 5.1% Jurong East avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 323 Jurong East Street 31 in Jurong East, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Jurong East
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2024 10 TO 12 EXECUTIVE 141 sqm $843,000 $5,979
Sep 2024 04 TO 06 EXECUTIVE 149 sqm $785,888 $5,274
Jul 2024 10 TO 12 EXECUTIVE 149 sqm $800,000 $5,369
Dec 2023 04 TO 06 EXECUTIVE 147 sqm $748,000 $5,088
Apr 2023 07 TO 09 EXECUTIVE 149 sqm $750,000 $5,034
Apr 2022 10 TO 12 EXECUTIVE 147 sqm $735,000 $5,000
Aug 2021 10 TO 12 EXECUTIVE 147 sqm $695,000 $4,728
Jul 2021 10 TO 12 EXECUTIVE 149 sqm $670,000 $4,497
Apr 2021 04 TO 06 EXECUTIVE 149 sqm $625,000 $4,195
Apr 2021 04 TO 06 EXECUTIVE 149 sqm $638,000 $4,282
Dec 2020 10 TO 12 EXECUTIVE 149 sqm $650,000 $4,362
Aug 2020 04 TO 06 EXECUTIVE 155 sqm $595,000 $3,839
Jun 2020 07 TO 09 EXECUTIVE 141 sqm $560,000 $3,972
Sep 2019 04 TO 06 EXECUTIVE 147 sqm $648,000 $4,408
Jun 2019 01 TO 03 EXECUTIVE 149 sqm $510,000 $3,423
Jun 2019 04 TO 06 EXECUTIVE 141 sqm $560,000 $3,972
May 2019 04 TO 06 EXECUTIVE 149 sqm $635,000 $4,262
Mar 2019 04 TO 06 EXECUTIVE 141 sqm $540,000 $3,830
Feb 2019 07 TO 09 EXECUTIVE 155 sqm $682,000 $4,400
Jun 2018 01 TO 03 EXECUTIVE 147 sqm $560,000 $3,810
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 323 Jurong East Street 31

Block 323 Jurong East Street 31 is an ageing-lease HDB block in Jurong East, built in 1985 with about 59 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 44% above the Jurong East median, ahead of around 88% of the town's blocks. It has a regular flow of resale activity, with 22 transactions since 2017 across executive flats priced from $510,000 to $843,000. The most recent transaction was an executive flat on storeys 10 TO 12 at $843,000 in Dec 2024, and the median works out to $4,404/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 9% above those on the 04 TO 06 band. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 323 Jurong East Street 31 worth?

The most recent resale transaction at Block 323 Jurong East Street 31 was $843,000 for a executive flat in 2024-12. The median price per square metre across all flat types is $4,404, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 323 Jurong East Street 31?

Block 323 Jurong East Street 31 was built in 1985 and has approximately 59 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 323 Jurong East Street 31?

Block 323 Jurong East Street 31 in Jurong East contains executive flats. Resale prices range from $510,000 to $843,000 based on historical transaction records from data.gov.sg.

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