Block 424 Jurong West Avenue 1

3 Room · 4 Room · Built 1984 · 59 years remaining lease MOP Cleared

Latest Sale

$360,000

Aug 2023 · 3 ROOM · #04-06

Median $/sqm

$4,028

Based on 2 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

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 424

You'll receive updates when new transactions are recorded for this block.

Lease Decay Projection

0 years 59 years remaining 99 years

59 years 11 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.

All Transactions

Date	Floor	Type	Area	Price	$/sqm
Aug 2023	04 TO 06	3 ROOM	74 sqm	$360,000	$4,865
Nov 2017	01 TO 03	4 ROOM	105 sqm	$335,000	$3,190

Showing 2 of 2 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 424 Jurong West Avenue 1

Block 424 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $335,000 to $360,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $360,000 in 2023-08. The current median price per square metre is $4,028. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8727, with an annual lease decay rate of approximately 0.51%. 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 424 Jurong West Avenue 1 worth?

The most recent resale transaction at Block 424 Jurong West Avenue 1 was $360,000 for a 3 room flat in 2023-08. The median price per square metre across all flat types is $4,028, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 424 Jurong West Avenue 1?

Block 424 Jurong West Avenue 1 was built in 1984 and has approximately 59 years and 11 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 424 Jurong West Avenue 1?

Block 424 Jurong West Avenue 1 in Jurong West contains 3 room, 4 room flats. Resale prices range from $335,000 to $360,000 based on historical transaction records from data.gov.sg.