Blk 721 Jurong West Ave 5 is an HDB block in Jurong West (completed in 1989, 12 storeys, 110 units). As of Jul 2026, its median resale price over the last 24 months is $530,000, about 16% below the Jurong West median, from 3 sales. 144 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Jurong West |
|---|---|
| Completed | 1989 |
| Lease from | 1989 |
| Storeys | 12 |
| Dwelling units | 110 |
| Unit mix (sold) | 4-room ×70 · 5-room ×40 |
| Recorded resales | 144 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $530,000 | $5,096/m² | 3 |
Median monthly rent at this block: $3,000/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~6.8% (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 69% of Jurong West blocks with recent sales.
For a typical 4-room flat here, our price model estimates $466,855–$522,245 (central estimate $494,550). Recent sales — median $469,047 — 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 |
|---|---|---|---|
| 1994 | $222,500 | $373,479 | 8 |
| 1995 | $230,000 | $379,521 | 9 |
| 1996 | $299,500 | $487,474 | 10 |
| 1997 | $305,000 | $486,583 | 9 |
| 1998 | $244,000 | $390,328 | 15 |
| 1999 | $220,000 | $351,851 | 15 |
| 2000 | $226,500 | $357,426 | 4 |
| 2001 | $187,000 | $292,133 | 3 |
| 2002 | $189,000 | $296,418 | 7 |
| 2003 | $182,750 | $285,224 | 4 |
| 2004 | $220,500 | $338,482 | 2 |
| 2005 | $180,000 | $275,011 | 3 |
| 2007 | $230,000 | $340,848 | 6 |
| 2008 | $270,000 | $375,228 | 3 |
| 2009 | $280,000 | $386,850 | 3 |
| 2010 | $345,000 | $463,542 | 6 |
| 2011 | $357,000 | $455,731 | 5 |
| 2012 | $418,000 | $510,228 | 3 |
| 2013 | $422,000 | $503,215 | 3 |
| 2014 | $440,000 | $519,309 | 1 |
| 2015 | $360,000 | $427,123 | 1 |
| 2016 | $365,000 | $435,359 | 3 |
| 2017 | $375,000 | $444,721 | 2 |
| 2018 | $350,000 | $413,261 | 6 |
| 2019 | $332,000 | $389,795 | 2 |
| 2022 | $420,000 | $454,894 | 3 |
| 2023 | $454,000 | $469,047 | 4 |
| 2024 | $570,000 | $575,147 | 1 |
| 2025 | $517,500 | $517,500 | 2 |
| 2026 | $538,888 | $538,888 | 1 |
| Record sale | $570,000 (5-Room, 2024-07) |
|---|---|
| First recorded sale | $167,000 (1994-09) |
| Busiest year | 1998 · 15 sales |
| 10-year change (real) | +24% (+2.2%/yr, 2016→2026) |
| Total transacted | $41.6M across 144 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-03 | 4-Room | 07 TO 09 | 104 | $538,888 |
| 2025-12 | 4-Room | 01 TO 03 | 104 | $505,000 |
| 2025-07 | 4-Room | 10 TO 12 | 104 | $530,000 |
| 2024-07 | 5-Room | 07 TO 09 | 121 | $570,000 |
| 2023-11 | 5-Room | 07 TO 09 | 121 | $523,000 |
| 2023-06 | 4-Room | 10 TO 12 | 104 | $458,000 |
| 2023-02 | 4-Room | 04 TO 06 | 104 | $436,000 |
| 2023-02 | 4-Room | 10 TO 12 | 104 | $450,000 |
| 2022-11 | 4-Room | 10 TO 12 | 104 | $420,000 |
| 2022-07 | 5-Room | 01 TO 03 | 121 | $458,000 |
| 2022-01 | 4-Room | 01 TO 03 | 104 | $395,000 |
| 2019-12 | 5-Room | 01 TO 03 | 121 | $350,000 |
| 2019-08 | 4-Room | 04 TO 06 | 104 | $314,000 |
| 2018-11 | 4-Room | 01 TO 03 | 104 | $305,000 |
| 2018-10 | 5-Room | 04 TO 06 | 121 | $375,000 |
| 2018-08 | 4-Room | 04 TO 06 | 104 | $325,000 |
| 2018-08 | 5-Room | 10 TO 12 | 121 | $395,000 |
| 2018-07 | 4-Room | 01 TO 03 | 104 | $300,000 |
| 2018-06 | 5-Room | 10 TO 12 | 121 | $390,000 |
| 2017-09 | 5-Room | 04 TO 06 | 121 | $430,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 719 | $808,000 | $5,534/m² |
| 2. Blk 726 | $774,444 | $5,304/m² |
| 3. Blk 729 | $561,000 | $4,989/m² |
| 4. Blk 727 | $545,000 | $4,865/m² |
| 5. Blk 721 | $530,000 | $5,096/m² |
| 6. Blk 723 | $511,944 | $4,923/m² |
| 7. Blk 725 | $510,000 | $4,904/m² |
| 8. Blk 722 | $497,500 | $4,628/m² |
| 9. Blk 728 | $490,000 | $4,712/m² |
The median resale price over the last 24 months is $530,000 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $466,855–$522,245 (central estimate $494,550). Recent sales — median $469,047 — sit within that range.
The median monthly rent is $3,000/mo over the last 12 months (2 contracts).
The block was completed in 1989 and its 99-year lease runs from 1989.