Block 551 Jurong West Street 42

4 Room · 5 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$628,888
Jan 2026 · 5 ROOM · #01-03
Median $/sqm
$4,627
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
▲ +53.4%
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 2 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
Jan 2026 01 TO 03 5 ROOM 136 sqm $628,888 $4,624
Apr 2025 04 TO 06 5 ROOM 134 sqm $620,000 $4,627
Feb 2025 07 TO 09 5 ROOM 133 sqm $645,000 $4,850
Nov 2024 07 TO 09 5 ROOM 136 sqm $660,000 $4,853
May 2024 04 TO 06 5 ROOM 133 sqm $620,000 $4,662
Jan 2024 07 TO 09 5 ROOM 133 sqm $623,000 $4,684
Dec 2022 07 TO 09 5 ROOM 133 sqm $590,888 $4,443
Nov 2022 04 TO 06 4 ROOM 104 sqm $485,000 $4,663
Jul 2022 10 TO 12 5 ROOM 138 sqm $720,000 $5,217
Mar 2022 01 TO 03 5 ROOM 134 sqm $530,000 $3,955
Sep 2021 04 TO 06 4 ROOM 104 sqm $410,000 $3,942
Nov 2020 10 TO 12 4 ROOM 104 sqm $355,000 $3,413
Nov 2017 04 TO 06 5 ROOM 134 sqm $400,000 $2,985
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 551 Jurong West Street 42

Block 551 at Jurong West Street 42 is a residential HDB block in Jurong West, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $355,000 to $720,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $628,888 in 2026-01. The current median price per square metre is $4,627. Over the past five years, resale prices at this block have increased by approximately 53.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8648, 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 551 Jurong West Street 42 worth?

The most recent resale transaction at Block 551 Jurong West Street 42 was $628,888 for a 5 room flat in 2026-01. The median price per square metre across all flat types is $4,627, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 551 Jurong West Street 42?

Block 551 Jurong West Street 42 was built in 1985 and has approximately 58 years and 2 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 551 Jurong West Street 42?

Block 551 Jurong West Street 42 in Jurong West contains 4 room, 5 room flats. Resale prices range from $355,000 to $720,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 551 Jurong West Street 42 gone up or down?

Resale prices at Block 551 Jurong West Street 42 have increased by approximately 53.4% over the past five years. The current median price is $620,000, with the most recent sale at $628,888 in 2026-01.

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