Block 723 Jurong West Avenue 5
Block 723 Jurong West Avenue 5 has 16 recorded HDB resale transactions since 2017. Latest sale: $523,888 (Jan 2025, 4 room, floors 04–06). Median $4,125/sqm. Prices up 32.8% over the past five years. Built 1990, 65 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,500 typically $3,300–$3,750 | 8.4% | 6 rentals here |
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.
- 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.
Other HDB blocks closest to Block 723 Jurong West Avenue 5 in Jurong West, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jan 2025 | 04 TO 06 | 4 ROOM | 104 sqm | $523,888 | $5,037 |
| Jan 2025 | 01 TO 03 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
| Jul 2024 | 07 TO 09 | 4 ROOM | 104 sqm | $480,000 | $4,615 |
| Mar 2024 | 07 TO 09 | 4 ROOM | 104 sqm | $478,000 | $4,596 |
| Jan 2024 | 04 TO 06 | 4 ROOM | 104 sqm | $473,000 | $4,548 |
| Dec 2023 | 10 TO 12 | 4 ROOM | 104 sqm | $478,000 | $4,596 |
| Apr 2023 | 10 TO 12 | 4 ROOM | 111 sqm | $465,000 | $4,189 |
| Jul 2022 | 04 TO 06 | 4 ROOM | 104 sqm | $430,000 | $4,135 |
| Apr 2022 | 10 TO 12 | 4 ROOM | 104 sqm | $428,000 | $4,115 |
| Jan 2022 | 04 TO 06 | 4 ROOM | 104 sqm | $418,000 | $4,019 |
| Oct 2021 | 01 TO 03 | 4 ROOM | 111 sqm | $400,888 | $3,612 |
| Jul 2021 | 01 TO 03 | 4 ROOM | 104 sqm | $370,000 | $3,558 |
| Mar 2020 | 04 TO 06 | 4 ROOM | 104 sqm | $300,000 | $2,885 |
| Oct 2019 | 10 TO 12 | 4 ROOM | 104 sqm | $322,000 | $3,096 |
| Aug 2018 | 04 TO 06 | 4 ROOM | 111 sqm | $310,000 | $2,793 |
| Oct 2017 | 07 TO 09 | 4 ROOM | 104 sqm | $350,000 | $3,365 |
About Block 723 Jurong West Avenue 5
Resale prices at Block 723 Jurong West Avenue 5 in Jurong West have risen sharply, up about 32.8% over the past five years. Its median sits about 8% below the Jurong West median, cheaper than about 65% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 4 room flats priced from $300,000 to $523,888. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $523,888 in Jan 2025, and the median works out to $4,125/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 11% above those on the 01 TO 03 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8934, equivalent to roughly 0.42% 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 723 Jurong West Avenue 5 worth?
The most recent resale transaction at Block 723 Jurong West Avenue 5 was $523,888 for a 4 room flat in 2025-01. The median price per square metre across all flat types is $4,125, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 723 Jurong West Avenue 5?
Block 723 Jurong West Avenue 5 was built in 1990 and has approximately 65 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.42%, meaning the leasehold value decreases by approximately 0.42% per year at the current remaining lease.
What flat types are available at Block 723 Jurong West Avenue 5?
Block 723 Jurong West Avenue 5 in Jurong West contains 4 room flats. Resale prices range from $300,000 to $523,888 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 723 Jurong West Avenue 5 gone up or down?
Resale prices at Block 723 Jurong West Avenue 5 have increased by approximately 32.8% over the past five years. The current median price is $429,000, with the most recent sale at $523,888 in 2025-01.