Block 721 Jurong West Avenue 5

4 Room · 5 Room · Built 1989 · 62 years remaining lease MOP Cleared
Latest Sale
$538,888
Mar 2026 · 4 ROOM · #07-09
Median $/sqm
$3,785
Based on 21 transactions
Total Transactions
21
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 9 months
Remaining lease
↓ 0.46%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 62 years remaining, decay is gradual (~0.46%/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
Mar 2026 07 TO 09 4 ROOM 104 sqm $538,888 $5,182
Dec 2025 01 TO 03 4 ROOM 104 sqm $505,000 $4,856
Jul 2025 10 TO 12 4 ROOM 104 sqm $530,000 $5,096
Jul 2024 07 TO 09 5 ROOM 121 sqm $570,000 $4,711
Nov 2023 07 TO 09 5 ROOM 121 sqm $523,000 $4,322
Jun 2023 10 TO 12 4 ROOM 104 sqm $458,000 $4,404
Feb 2023 04 TO 06 4 ROOM 104 sqm $436,000 $4,192
Feb 2023 10 TO 12 4 ROOM 104 sqm $450,000 $4,327
Nov 2022 10 TO 12 4 ROOM 104 sqm $420,000 $4,038
Jul 2022 01 TO 03 5 ROOM 121 sqm $458,000 $3,785
Jan 2022 01 TO 03 4 ROOM 104 sqm $395,000 $3,798
Dec 2019 01 TO 03 5 ROOM 121 sqm $350,000 $2,893
Aug 2019 04 TO 06 4 ROOM 104 sqm $314,000 $3,019
Nov 2018 01 TO 03 4 ROOM 104 sqm $305,000 $2,933
Oct 2018 04 TO 06 5 ROOM 121 sqm $375,000 $3,099
Aug 2018 04 TO 06 4 ROOM 104 sqm $325,000 $3,125
Aug 2018 10 TO 12 5 ROOM 121 sqm $395,000 $3,264
Jul 2018 01 TO 03 4 ROOM 104 sqm $300,000 $2,885
Jun 2018 10 TO 12 5 ROOM 121 sqm $390,000 $3,223
Sep 2017 04 TO 06 5 ROOM 121 sqm $430,000 $3,554
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 721 Jurong West Avenue 5

Block 721 at Jurong West Avenue 5 is a residential HDB block in Jurong West, Singapore, built in 1989 with approximately 62 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $300,000 to $570,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $538,888 in 2026-03. The current median price per square metre is $3,785. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8845, with an annual lease decay rate of approximately 0.46%. 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 721 Jurong West Avenue 5 worth?

The most recent resale transaction at Block 721 Jurong West Avenue 5 was $538,888 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $3,785, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 721 Jurong West Avenue 5?

Block 721 Jurong West Avenue 5 was built in 1989 and has approximately 62 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.46%, meaning the leasehold value decreases by approximately 0.46% per year at the current remaining lease.

What flat types are available at Block 721 Jurong West Avenue 5?

Block 721 Jurong West Avenue 5 in Jurong West contains 4 room, 5 room flats. Resale prices range from $300,000 to $570,000 based on historical transaction records from data.gov.sg.

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