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Block 538 Jurong West Avenue 1

4 Room · Built 1984 · 58 years remaining lease MOP Cleared
Latest Sale
$528,000
Jul 2025 · 4 ROOM · #07-09
Median $/sqm
$4,131
Based on 7 transactions
Total Transactions
7
Since Jan 2017
5-Year Trend
▲ +32%
Median price change
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 58 years remaining 99 years
58 years 3 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/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 2025 07 TO 09 4 ROOM 104 sqm $528,000 $5,077
Jan 2024 07 TO 09 4 ROOM 103 sqm $490,000 $4,757
Oct 2023 04 TO 06 4 ROOM 104 sqm $500,000 $4,808
May 2022 01 TO 03 4 ROOM 107 sqm $442,000 $4,131
Jul 2021 07 TO 09 4 ROOM 103 sqm $400,000 $3,883
Sep 2019 07 TO 09 4 ROOM 104 sqm $348,000 $3,346
Sep 2017 04 TO 06 4 ROOM 107 sqm $328,000 $3,065
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Jurong West Avenue 1

Block 538 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1984 with approximately 58 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $328,000 to $528,000 based on 7 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $528,000 in 2025-07. The current median price per square metre is $4,131. Over the past five years, resale prices at this block have increased by approximately 32%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8652, with an annual lease decay rate of approximately 0.55%. 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 538 Jurong West Avenue 1 worth?

The most recent resale transaction at Block 538 Jurong West Avenue 1 was $528,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $4,131, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Jurong West Avenue 1?

Block 538 Jurong West Avenue 1 was built in 1984 and has approximately 58 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 538 Jurong West Avenue 1?

Block 538 Jurong West Avenue 1 in Jurong West contains 4 room flats. Resale prices range from $328,000 to $528,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Jurong West Avenue 1 gone up or down?

Resale prices at Block 538 Jurong West Avenue 1 have increased by approximately 32% over the past five years. The current median price is $442,000, with the most recent sale at $528,000 in 2025-07.

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