Blk 423 Jurong West Ave 1 is an HDB block in Jurong West (completed in 1983, 8 storeys, 88 units). As of Jul 2026, its median resale price over the last 24 months is $420,000, about 34% below the Jurong West median, from 4 sales. 132 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Jurong West |
|---|---|
| Completed | 1983 |
| Lease from | 1984 |
| Storeys | 8 |
| Dwelling units | 88 |
| Unit mix (sold) | 3-room ×60 · 4-room ×28 |
| Recorded resales | 132 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $420,000 | $5,676/m² | 4 |
Median monthly rent at this block: $2,800/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~8.0% (Jurong West average: ~7.0%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 37% of Jurong West blocks with recent sales.
For a typical 3-room flat here, our price model estimates $371,730–$415,833 (central estimate $393,781). Recent sales — median $410,000 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1991 | $73,500 | $133,024 | 2 |
| 1992 | $57,000 | $100,898 | 3 |
| 1993 | $121,000 | $209,389 | 4 |
| 1994 | $100,000 | $167,856 | 5 |
| 1995 | $100,000 | $165,009 | 7 |
| 1996 | $173,000 | $281,579 | 4 |
| 1997 | $197,000 | $314,285 | 7 |
| 1998 | $144,000 | $230,358 | 8 |
| 1999 | $145,000 | $231,902 | 11 |
| 2000 | $163,000 | $257,220 | 8 |
| 2001 | $148,500 | $231,988 | 11 |
| 2002 | $142,250 | $223,098 | 2 |
| 2003 | $137,000 | $213,821 | 4 |
| 2004 | $200,000 | $307,013 | 5 |
| 2005 | $221,000 | $337,652 | 3 |
| 2006 | $161,000 | $243,628 | 3 |
| 2007 | $183,000 | $271,197 | 3 |
| 2008 | $240,000 | $333,536 | 1 |
| 2009 | $226,000 | $312,243 | 6 |
| 2010 | $288,000 | $386,957 | 3 |
| 2011 | $317,000 | $404,669 | 4 |
| 2012 | $347,000 | $423,562 | 3 |
| 2014 | $338,000 | $398,924 | 1 |
| 2015 | $303,000 | $359,495 | 3 |
| 2016 | $347,500 | $414,485 | 2 |
| 2017 | $280,000 | $332,058 | 1 |
| 2018 | $270,000 | $318,801 | 3 |
| 2019 | $269,500 | $316,415 | 2 |
| 2020 | $280,000 | $329,310 | 4 |
| 2021 | $365,000 | $419,562 | 2 |
| 2022 | $445,000 | $481,971 | 1 |
| 2023 | $410,000 | $423,589 | 2 |
| 2025 | $420,000 | $420,000 | 1 |
| 2026 | $420,000 | $420,000 | 3 |
| Record sale | $460,000 (4-Room, 2023-11) |
|---|---|
| First recorded sale | $90,000 (1991-08) |
| Busiest year | 1999 · 11 sales |
| 10-year change (real) | +1% (+0.1%/yr, 2016→2026) |
| Total transacted | $27.5M across 132 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-03 | 3-Room | 01 TO 03 | 84 | $400,000 |
| 2026-02 | 3-Room | 04 TO 06 | 74 | $420,000 |
| 2026-01 | 3-Room | 07 TO 09 | 74 | $440,000 |
| 2025-12 | 3-Room | 04 TO 06 | 74 | $420,000 |
| 2023-11 | 4-Room | 07 TO 09 | 104 | $460,000 |
| 2023-07 | 3-Room | 04 TO 06 | 74 | $360,000 |
| 2022-05 | 4-Room | 04 TO 06 | 104 | $445,000 |
| 2021-12 | 3-Room | 04 TO 06 | 74 | $340,000 |
| 2021-04 | 4-Room | 07 TO 09 | 105 | $390,000 |
| 2020-11 | 3-Room | 07 TO 09 | 74 | $285,000 |
| 2020-06 | 3-Room | 07 TO 09 | 74 | $275,000 |
| 2020-03 | 4-Room | 07 TO 09 | 104 | $338,000 |
| 2020-01 | 3-Room | 01 TO 03 | 74 | $260,000 |
| 2019-07 | 3-Room | 01 TO 03 | 74 | $264,000 |
| 2019-02 | 3-Room | 04 TO 06 | 74 | $275,000 |
| 2018-11 | 3-Room | 04 TO 06 | 74 | $268,379 |
| 2018-06 | 3-Room | 07 TO 09 | 74 | $270,000 |
| 2018-03 | 4-Room | 01 TO 03 | 104 | $318,888 |
| 2017-03 | 3-Room | 01 TO 03 | 74 | $280,000 |
| 2016-11 | 4-Room | 07 TO 09 | 105 | $390,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 539 | $670,000 | $5,000/m² |
| 2. Blk 443 | $650,000 | $4,851/m² |
| 3. Blk 444 | $645,000 | $4,824/m² |
| 4. Blk 426 | $642,500 | $4,831/m² |
| 5. Blk 436 | $620,000 | $4,593/m² |
| 6. Blk 437 | $613,000 | $4,541/m² |
| 7. Blk 427 | $597,500 | $4,639/m² |
| 8. Blk 487 | $525,000 | $5,310/m² |
| 9. Blk 441 | $524,000 | $5,063/m² |
| 10. Blk 540 | $519,000 | $5,039/m² |
| 11. Blk 542 | $518,000 | $5,029/m² |
| 12. Blk 430 | $514,000 | $4,966/m² |
| 13. Blk 431 | $513,000 | $5,000/m² |
| 14. Blk 486 | $506,000 | $5,560/m² |
| 15. Blk 537 | $500,000 | $4,854/m² |
Showing the top 15 of 28 blocks.
The median resale price over the last 24 months is $420,000 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $371,730–$415,833 (central estimate $393,781). Recent sales — median $410,000 — sit within that range.
The median monthly rent is $2,800/mo over the last 12 months (1 contracts).
The block was completed in 1983 and its 99-year lease runs from 1984.