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Block 503 Jurong West Avenue 1

3 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$425,000
Jan 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$4,311
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +25%
Median price change
Median Price ?
Top 94%
#671 / 715 Top 94%
Latest Sale ?
Top 89%
#635 / 715 Top 89%
Value ($/sqm) ?
Top 54%
#383 / 715 Top 54%
5-Year Growth ?
Top 70%
#335 / 480 Top 70%
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
+4.6%/yr
vs
Lease Decay
−0.52%/yr
Growth assumption
Based on this block’s +25% 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 59 years remaining 99 years
59 years 4 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
Jan 2026 01 TO 03 3 ROOM 74 sqm $425,000 $5,743
Feb 2025 04 TO 06 3 ROOM 74 sqm $400,000 $5,405
May 2023 01 TO 03 3 ROOM 88 sqm $418,000 $4,750
Feb 2023 04 TO 06 3 ROOM 74 sqm $366,088 $4,947
Aug 2022 01 TO 03 3 ROOM 74 sqm $340,000 $4,595
May 2021 04 TO 06 3 ROOM 74 sqm $330,000 $4,459
Jul 2020 01 TO 03 3 ROOM 74 sqm $265,000 $3,581
Feb 2020 01 TO 03 3 ROOM 74 sqm $268,000 $3,622
Apr 2019 01 TO 03 3 ROOM 89 sqm $290,000 $3,258
Dec 2018 04 TO 06 3 ROOM 89 sqm $288,000 $3,236
Jan 2018 01 TO 03 3 ROOM 74 sqm $276,000 $3,730
Jun 2017 04 TO 06 3 ROOM 74 sqm $308,000 $4,162
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 503 Jurong West Avenue 1

Block 503 at Jurong West Avenue 1 is a residential HDB block in Jurong West, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $265,000 to $425,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $425,000 in 2026-01. The current median price per square metre is $4,311. Over the past five years, resale prices at this block have increased by approximately 25%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8701, with an annual lease decay rate of approximately 0.52%. 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 503 Jurong West Avenue 1 worth?

The most recent resale transaction at Block 503 Jurong West Avenue 1 was $425,000 for a 3 room flat in 2026-01. The median price per square metre across all flat types is $4,311, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 503 Jurong West Avenue 1?

Block 503 Jurong West Avenue 1 was built in 1986 and has approximately 59 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 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 503 Jurong West Avenue 1?

Block 503 Jurong West Avenue 1 in Jurong West contains 3 room flats. Resale prices range from $265,000 to $425,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 503 Jurong West Avenue 1 gone up or down?

Resale prices at Block 503 Jurong West Avenue 1 have increased by approximately 25% over the past five years. The current median price is $319,000, with the most recent sale at $425,000 in 2026-01.

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