Block 488 Jurong West Avenue 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jan 2025 | 01 TO 03 | 4 ROOM | 91 sqm | $480,000 | $5,275 |
| Jan 2025 | 07 TO 09 | 4 ROOM | 92 sqm | $478,000 | $5,196 |
| Nov 2024 | 07 TO 09 | 4 ROOM | 92 sqm | $485,888 | $5,281 |
| Sep 2024 | 01 TO 03 | 4 ROOM | 92 sqm | $475,000 | $5,163 |
| Jul 2024 | 07 TO 09 | 4 ROOM | 91 sqm | $468,000 | $5,143 |
| Apr 2024 | 04 TO 06 | 4 ROOM | 91 sqm | $458,000 | $5,033 |
| Feb 2024 | 10 TO 12 | 4 ROOM | 91 sqm | $460,000 | $5,055 |
| Jan 2024 | 10 TO 12 | 4 ROOM | 91 sqm | $438,000 | $4,813 |
| Oct 2023 | 10 TO 12 | 4 ROOM | 92 sqm | $485,000 | $5,272 |
| Sep 2021 | 01 TO 03 | 4 ROOM | 91 sqm | $393,000 | $4,319 |
| May 2021 | 10 TO 12 | 4 ROOM | 91 sqm | $390,000 | $4,286 |
| Feb 2021 | 10 TO 12 | 4 ROOM | 91 sqm | $370,000 | $4,066 |
| Jun 2019 | 07 TO 09 | 4 ROOM | 91 sqm | $333,000 | $3,659 |
| Mar 2019 | 04 TO 06 | 4 ROOM | 91 sqm | $325,000 | $3,571 |
| Dec 2018 | 04 TO 06 | 4 ROOM | 91 sqm | $310,000 | $3,407 |
About Block 488 Jurong West Avenue 1
Block 488 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $310,000 to $485,888 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $480,000 in 2025-01. The current median price per square metre is $5,033. Over the past five years, resale prices at this block have increased by approximately 22.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8694, with an annual lease decay rate of approximately 0.53%. 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 488 Jurong West Avenue 1 worth?
The most recent resale transaction at Block 488 Jurong West Avenue 1 was $480,000 for a 4 room flat in 2025-01. The median price per square metre across all flat types is $5,033, based on 15 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 488 Jurong West Avenue 1?
Block 488 Jurong West Avenue 1 was built in 1985 and has approximately 59 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.
What flat types are available at Block 488 Jurong West Avenue 1?
Block 488 Jurong West Avenue 1 in Jurong West contains 4 room flats. Resale prices range from $310,000 to $485,888 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 488 Jurong West Avenue 1 gone up or down?
Resale prices at Block 488 Jurong West Avenue 1 have increased by approximately 22.8% over the past five years. The current median price is $458,000, with the most recent sale at $480,000 in 2025-01.