Block 488 Jurong West Avenue 1
Block 488 Jurong West Avenue 1 has 16 recorded HDB resale transactions since 2017. Latest sale: $500,000 (Apr 2026, 4 room, floors 10–12). Median $5,044/sqm. Prices up 23.1% over the past five years. Built 1985, 57 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 |
|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| Apr 2026 | 10 TO 12 | 4 ROOM | 92 sqm | $500,000 | $5,435 |
| Jan 2025 | 01 TO 03 | 4 ROOM | 91 sqm | $480,000 | $5,275 |
| Jan 2025 | 07 TO 09 | 4 ROOM | 92 sqm | $478,000 | $5,196 |
| Nov 2024 | 07 TO 09 | 4 ROOM | 92 sqm | $485,888 | $5,281 |
| Sep 2024 | 01 TO 03 | 4 ROOM | 92 sqm | $475,000 | $5,163 |
| Jul 2024 | 07 TO 09 | 4 ROOM | 91 sqm | $468,000 | $5,143 |
| Apr 2024 | 04 TO 06 | 4 ROOM | 91 sqm | $458,000 | $5,033 |
| Feb 2024 | 10 TO 12 | 4 ROOM | 91 sqm | $460,000 | $5,055 |
| Jan 2024 | 10 TO 12 | 4 ROOM | 91 sqm | $438,000 | $4,813 |
| Oct 2023 | 10 TO 12 | 4 ROOM | 92 sqm | $485,000 | $5,272 |
| Sep 2021 | 01 TO 03 | 4 ROOM | 91 sqm | $393,000 | $4,319 |
| May 2021 | 10 TO 12 | 4 ROOM | 91 sqm | $390,000 | $4,286 |
| Feb 2021 | 10 TO 12 | 4 ROOM | 91 sqm | $370,000 | $4,066 |
| Jun 2019 | 07 TO 09 | 4 ROOM | 91 sqm | $333,000 | $3,659 |
| Mar 2019 | 04 TO 06 | 4 ROOM | 91 sqm | $325,000 | $3,571 |
| Dec 2018 | 04 TO 06 | 4 ROOM | 91 sqm | $310,000 | $3,407 |
About Block 488 Jurong West Avenue 1
Block 488 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1985 with approximately 57 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $310,000 to $500,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $500,000 in 2026-04. The current median price per square metre is $5,044. Over the past five years, resale prices at this block have increased by approximately 23.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8636, 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 488 Jurong West Avenue 1 worth?
The most recent resale transaction at Block 488 Jurong West Avenue 1 was $500,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,044, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 488 Jurong West Avenue 1?
Block 488 Jurong West Avenue 1 was built in 1985 and has approximately 57 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 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.
What flat types are available at Block 488 Jurong West Avenue 1?
Block 488 Jurong West Avenue 1 in Jurong West contains 4 room flats. Resale prices range from $310,000 to $500,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 488 Jurong West Avenue 1 gone up or down?
Resale prices at Block 488 Jurong West Avenue 1 have increased by approximately 23.1% over the past five years. The current median price is $459,000, with the most recent sale at $500,000 in 2026-04.