Block 720 Jurong West Avenue 5

4 Room · 5 Room · Built 1989 · 64 years remaining lease MOP Cleared
Latest Sale
$482,000
May 2024 · 4 ROOM · #07-09
Median $/sqm
$3,216
Based on 12 transactions
Total Transactions
12
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?
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 720
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 64 years remaining 99 years
64 years 7 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/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
May 2024 07 TO 09 4 ROOM 104 sqm $482,000 $4,635
Nov 2022 07 TO 09 5 ROOM 121 sqm $508,888 $4,206
Sep 2022 07 TO 09 4 ROOM 104 sqm $465,000 $4,471
Jan 2021 04 TO 06 4 ROOM 104 sqm $362,000 $3,481
Mar 2020 04 TO 06 5 ROOM 121 sqm $362,000 $2,992
Jan 2020 10 TO 12 5 ROOM 121 sqm $365,000 $3,017
Oct 2019 01 TO 03 4 ROOM 104 sqm $296,000 $2,846
Sep 2019 07 TO 09 5 ROOM 121 sqm $368,000 $3,041
Aug 2019 04 TO 06 4 ROOM 104 sqm $312,000 $3,000
Nov 2017 10 TO 12 4 ROOM 104 sqm $348,000 $3,346
May 2017 10 TO 12 4 ROOM 104 sqm $321,000 $3,087
Jan 2017 10 TO 12 4 ROOM 104 sqm $348,000 $3,346
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 720 Jurong West Avenue 5

Block 720 at Jurong West Avenue 5 is a residential HDB block in Jurong West, Singapore, built in 1989 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $296,000 to $508,888 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $482,000 in 2024-05. The current median price per square metre is $3,216. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8916, with an annual lease decay rate of approximately 0.43%. 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 720 Jurong West Avenue 5 worth?

The most recent resale transaction at Block 720 Jurong West Avenue 5 was $482,000 for a 4 room flat in 2024-05. The median price per square metre across all flat types is $3,216, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 720 Jurong West Avenue 5?

Block 720 Jurong West Avenue 5 was built in 1989 and has approximately 64 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 720 Jurong West Avenue 5?

Block 720 Jurong West Avenue 5 in Jurong West contains 4 room, 5 room flats. Resale prices range from $296,000 to $508,888 based on historical transaction records from data.gov.sg.

Link copied to clipboard