Block 424 Jurong West Avenue 1
Block 424 Jurong West Avenue 1 has 2 recorded HDB resale transactions since 2017. Latest sale: $360,000 (Aug 2023, 3 room, floors 04–06). Median $4,028/sqm. Built 1984, 59 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 West average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,700 typically $2,400–$3,000 | 8.1% | Jurong West avg · block too thin |
| 4-Room | $3,400 typically $3,100–$3,700 | 7.6% | Jurong West avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Aug 2023 | 04 TO 06 | 3 ROOM | 74 sqm | $360,000 | $4,865 |
| Nov 2017 | 01 TO 03 | 4 ROOM | 105 sqm | $335,000 | $3,190 |
About Block 424 Jurong West Avenue 1
Block 424 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $335,000 to $360,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $360,000 in 2023-08. The current median price per square metre is $4,028. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8727, with an annual lease decay rate of approximately 0.51%. 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 424 Jurong West Avenue 1 worth?
The most recent resale transaction at Block 424 Jurong West Avenue 1 was $360,000 for a 3 room flat in 2023-08. The median price per square metre across all flat types is $4,028, based on 2 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 424 Jurong West Avenue 1?
Block 424 Jurong West Avenue 1 was built in 1984 and has approximately 59 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.
What flat types are available at Block 424 Jurong West Avenue 1?
Block 424 Jurong West Avenue 1 in Jurong West contains 3 room, 4 room flats. Resale prices range from $335,000 to $360,000 based on historical transaction records from data.gov.sg.