Block 348 Jurong East Avenue 1
Block 348 Jurong East Avenue 1 has 4 recorded HDB resale transactions since 2017. Latest sale: $412,000 (May 2024, 3 room, floors 01–03). Median $4,547/sqm. Built 1986, 60 years lease remaining.
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 East average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,800 typically $2,500–$3,000 | 8.1% | Jurong East avg · block too thin |
No popular school is within 1 km, but 3sit in the 1–2 km second-priority band.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2024 | 01 TO 03 | 3 ROOM | 74 sqm | $412,000 | $5,568 |
| May 2024 | 01 TO 03 | 3 ROOM | 90 sqm | $415,000 | $4,611 |
| Jul 2021 | 01 TO 03 | 3 ROOM | 87 sqm | $390,000 | $4,483 |
| Jan 2019 | 01 TO 03 | 3 ROOM | 74 sqm | $296,000 | $4,000 |
About Block 348 Jurong East Avenue 1
Block 348 at Jurong East Avenue 1 is a residential HDB block in Jurong East, Singapore, built in 1986 with approximately 60 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $296,000 to $415,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $412,000 in 2024-05. The current median price per square metre is $4,547. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8767, with an annual lease decay rate of approximately 0.49%. 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 348 Jurong East Avenue 1 worth?
The most recent resale transaction at Block 348 Jurong East Avenue 1 was $412,000 for a 3 room flat in 2024-05. The median price per square metre across all flat types is $4,547, based on 4 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 348 Jurong East Avenue 1?
Block 348 Jurong East Avenue 1 was built in 1986 and has approximately 60 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.
What flat types are available at Block 348 Jurong East Avenue 1?
Block 348 Jurong East Avenue 1 in Jurong East contains 3 room flats. Resale prices range from $296,000 to $415,000 based on historical transaction records from data.gov.sg.