Skip to content

Block 720 Jurong West Avenue 5

4 Room · 5 Room · Built 1989 · 64 years remaining lease MOP Cleared
Latest Sale
$482,000
May 2024 · 4 ROOM · Floor 07-09
Median $/sqm
$3,216
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 87%
#619 / 715 Top 87%
Latest Sale ?
Top 82%
#583 / 715 Top 82%
Value ($/sqm) ?
Top 98%
#704 / 715 Top 98%
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
−0.43%/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 64 years remaining 99 years
64 years 7 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/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
May 2024 07 TO 09 4 ROOM 104 sqm $482,000 $4,635
Nov 2022 07 TO 09 5 ROOM 121 sqm $508,888 $4,206
Sep 2022 07 TO 09 4 ROOM 104 sqm $465,000 $4,471
Jan 2021 04 TO 06 4 ROOM 104 sqm $362,000 $3,481
Mar 2020 04 TO 06 5 ROOM 121 sqm $362,000 $2,992
Jan 2020 10 TO 12 5 ROOM 121 sqm $365,000 $3,017
Oct 2019 01 TO 03 4 ROOM 104 sqm $296,000 $2,846
Sep 2019 07 TO 09 5 ROOM 121 sqm $368,000 $3,041
Aug 2019 04 TO 06 4 ROOM 104 sqm $312,000 $3,000
Nov 2017 10 TO 12 4 ROOM 104 sqm $348,000 $3,346
May 2017 10 TO 12 4 ROOM 104 sqm $321,000 $3,087
Jan 2017 10 TO 12 4 ROOM 104 sqm $348,000 $3,346
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 720 Jurong West Avenue 5

Block 720 at Jurong West Avenue 5 is a residential HDB block in Jurong West, Singapore, built in 1989 with approximately 64 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $296,000 to $508,888 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $482,000 in 2024-05. The current median price per square metre is $3,216. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8916, with an annual lease decay rate of approximately 0.43%. 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 720 Jurong West Avenue 5 worth?

The most recent resale transaction at Block 720 Jurong West Avenue 5 was $482,000 for a 4 room flat in 2024-05. The median price per square metre across all flat types is $3,216, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 720 Jurong West Avenue 5?

Block 720 Jurong West Avenue 5 was built in 1989 and has approximately 64 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 720 Jurong West Avenue 5?

Block 720 Jurong West Avenue 5 in Jurong West contains 4 room, 5 room flats. Resale prices range from $296,000 to $508,888 based on historical transaction records from data.gov.sg.

Link copied to clipboard