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Block 502 Jurong West Avenue 1

3 Room · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$445,000
Feb 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,054
Based on 7 transactions
Total Transactions
7
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 96%
#686 / 715 Top 96%
Latest Sale ?
Top 87%
#619 / 715 Top 87%
Value ($/sqm) ?
Top 68%
#485 / 715 Top 68%
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%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 60 years remaining 99 years
60 years 2 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.51%/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
Feb 2025 01 TO 03 3 ROOM 88 sqm $445,000 $5,057
Sep 2022 01 TO 03 3 ROOM 74 sqm $358,000 $4,838
Jun 2022 04 TO 06 3 ROOM 74 sqm $345,000 $4,662
Jun 2020 04 TO 06 3 ROOM 74 sqm $280,000 $3,784
Jun 2018 01 TO 03 3 ROOM 74 sqm $267,000 $3,608
Oct 2017 01 TO 03 3 ROOM 74 sqm $270,000 $3,649
Jul 2017 04 TO 06 3 ROOM 74 sqm $300,000 $4,054
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 502 Jurong West Avenue 1

Block 502 at Jurong West Avenue 1 is a residential HDB block in Jurong West, 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 $267,000 to $445,000 based on 7 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $445,000 in 2025-02. The current median price per square metre is $4,054. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8738, 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 502 Jurong West Avenue 1 worth?

The most recent resale transaction at Block 502 Jurong West Avenue 1 was $445,000 for a 3 room flat in 2025-02. The median price per square metre across all flat types is $4,054, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 502 Jurong West Avenue 1?

Block 502 Jurong West Avenue 1 was built in 1986 and has approximately 60 years and 2 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 502 Jurong West Avenue 1?

Block 502 Jurong West Avenue 1 in Jurong West contains 3 room flats. Resale prices range from $267,000 to $445,000 based on historical transaction records from data.gov.sg.

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