Block 438 Jurong West Avenue 1

3 Room · Built 1984 · 62 years remaining lease MOP Cleared
Latest Sale
$320,000
Jul 2021 · 3 ROOM · #04-06
Median $/sqm
$3,716
Based on 3 transactions
Total Transactions
3
Since Jan 2017
5-Year Trend
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Insufficient data
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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Future Value Projection
Estimated value in --
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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.
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Lease Decay Projection
0 years 62 years remaining 99 years
62 years
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.47%/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
Jul 2021 04 TO 06 3 ROOM 74 sqm $320,000 $4,324
Dec 2019 01 TO 03 3 ROOM 74 sqm $255,000 $3,446
Jun 2018 01 TO 03 3 ROOM 74 sqm $275,000 $3,716
Showing 3 of 3 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 438 Jurong West Avenue 1

Block 438 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1984 with approximately 62 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $255,000 to $320,000 based on 3 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $320,000 in 2021-07. The current median price per square metre is $3,716. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8815, with an annual lease decay rate of approximately 0.47%. 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 438 Jurong West Avenue 1 worth?

The most recent resale transaction at Block 438 Jurong West Avenue 1 was $320,000 for a 3 room flat in 2021-07. The median price per square metre across all flat types is $3,716, based on 3 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 438 Jurong West Avenue 1?

Block 438 Jurong West Avenue 1 was built in 1984 and has approximately 62 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 438 Jurong West Avenue 1?

Block 438 Jurong West Avenue 1 in Jurong West contains 3 room flats. Resale prices range from $255,000 to $320,000 based on historical transaction records from data.gov.sg.

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