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Block 489 Jurong West Avenue 1

3 Room · 4 Room · Built 1984 · 57 years remaining lease · Updated May 2026 MOP Cleared

Block 489 Jurong West Avenue 1 has 28 recorded HDB resale transactions since 2017. Latest sale: $520,000 (May 2026, 4 room, floors 10–12). Median $4,824/sqm. Prices up 21% over the past five years. Built 1984, 57 years lease remaining.

Latest Sale
$520,000
May 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$4,824
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +21%
Median price change
Median Price ?
Top 85%
#610 / 715 Top 85%
Latest Sale ?
Top 67%
#481 / 715 Top 67%
Value ($/sqm) ?
Top 24%
#171 / 715 Top 24%
5-Year Growth ?
Top 84%
#410 / 490 Top 84%
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
--
Future Value Projection
Market Appreciation
+3.9%/yr
vs
Lease Decay
−0.57%/yr
Growth assumption
Based on this block’s +21% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 57 years remaining 99 years
57 years 4 months
Remaining lease
↓ 0.57%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.57%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

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
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 10 TO 12 4 ROOM 103 sqm $520,000 $5,049
Apr 2026 04 TO 06 4 ROOM 103 sqm $500,000 $4,854
Jan 2026 01 TO 03 3 ROOM 73 sqm $380,000 $5,205
Apr 2025 07 TO 09 3 ROOM 73 sqm $395,000 $5,411
Apr 2025 04 TO 06 4 ROOM 103 sqm $510,000 $4,951
Feb 2025 04 TO 06 3 ROOM 73 sqm $380,000 $5,205
Aug 2024 07 TO 09 4 ROOM 103 sqm $445,000 $4,320
Jun 2024 07 TO 09 4 ROOM 103 sqm $490,000 $4,757
Apr 2024 07 TO 09 3 ROOM 73 sqm $365,000 $5,000
Feb 2024 04 TO 06 3 ROOM 73 sqm $366,000 $5,014
Feb 2024 07 TO 09 3 ROOM 73 sqm $370,000 $5,068
Dec 2023 10 TO 12 4 ROOM 103 sqm $460,000 $4,466
Apr 2023 07 TO 09 3 ROOM 73 sqm $376,000 $5,151
Feb 2023 07 TO 09 3 ROOM 73 sqm $373,000 $5,110
Nov 2022 10 TO 12 3 ROOM 73 sqm $388,000 $5,315
Sep 2022 10 TO 12 3 ROOM 73 sqm $358,000 $4,904
Jun 2022 01 TO 03 3 ROOM 73 sqm $332,000 $4,548
Jun 2022 01 TO 03 3 ROOM 73 sqm $350,000 $4,795
Apr 2022 10 TO 12 3 ROOM 73 sqm $360,000 $4,932
Mar 2021 04 TO 06 3 ROOM 73 sqm $305,000 $4,178
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 489 Jurong West Avenue 1

Block 489 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $255,000 to $520,000 based on 28 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $520,000 in 2026-05. The current median price per square metre is $4,824. Over the past five years, resale prices at this block have increased by approximately 21%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8609, with an annual lease decay rate of approximately 0.57%. 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 489 Jurong West Avenue 1 worth?

The most recent resale transaction at Block 489 Jurong West Avenue 1 was $520,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $4,824, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 489 Jurong West Avenue 1?

Block 489 Jurong West Avenue 1 was built in 1984 and has approximately 57 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.57%, meaning the leasehold value decreases by approximately 0.57% per year at the current remaining lease.

What flat types are available at Block 489 Jurong West Avenue 1?

Block 489 Jurong West Avenue 1 in Jurong West contains 3 room, 4 room flats. Resale prices range from $255,000 to $520,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 489 Jurong West Avenue 1 gone up or down?

Resale prices at Block 489 Jurong West Avenue 1 have increased by approximately 21% over the past five years. The current median price is $368,000, with the most recent sale at $520,000 in 2026-05.

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