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Block 721 Jurong West Avenue 5

4 Room · 5 Room · Built 1989 · 62 years remaining lease · Updated Mar 2026 MOP Cleared

Block 721 Jurong West Avenue 5 has 21 recorded HDB resale transactions since 2017. Latest sale: $538,888 (Mar 2026, 4 room, floors 07–09). Median $3,785/sqm. Built 1989, 62 years lease remaining.

How this block compares

  • 4 Room$521,944
    −3.0%vs town(−$16k)−17.2%vs national(−$108k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$538,888
Mar 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$3,785
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 68%
#488 / 715 Top 68%
Latest Sale ?
Top 61%
#433 / 715 Top 61%
Value ($/sqm) ?
Top 82%
#586 / 715 Top 82%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.46%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Jurong West average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,500 typically $3,100–$3,700 7.8% Jurong West avg · block too thin
5-Room $3,700 typically $3,400–$4,000 6.9% Jurong West avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 721 Jurong West Avenue 5 in Jurong West, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Jurong West
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Jurong West Avenue 5 is an established HDB block in Jurong West, built in 1989 with about 62 years remaining on its 99-year lease. Its median sits about 9% below the Jurong West median, cheaper than about 68% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across 4 room, 5 room flats priced from $300,000 to $570,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $538,888 in Mar 2026, and the median works out to $3,785/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 42% above those on the 01 TO 03 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8845, equivalent to roughly 0.46% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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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