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Block 489 Jurong West Avenue 1

3 Room · 4 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$500,000
Apr 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,795
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +21%
Median price change
Median Price ?
Top 85%
#610 / 715 Top 85%
Latest Sale ?
Top 75%
#539 / 715 Top 75%
Value ($/sqm) ?
Top 24%
#174 / 715 Top 24%
5-Year Growth ?
Top 84%
#402 / 480 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.
All Transactions
Date Floor Type Area Price $/sqm
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
Jan 2021 04 TO 06 3 ROOM 73 sqm $322,888 $4,423
Showing 20 of 27 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 $510,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $500,000 in 2026-04. The current median price per square metre is $4,795. 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 $500,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $4,795, based on 27 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 $510,000 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 $366,000, with the most recent sale at $500,000 in 2026-04.

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