Blk 723 Jurong West Avenue 5 — HDB resale prices
HDB resale prices, Jurong West · 4-Room · built 1990
median resale price, last 24 months
2 sales in that window · as of Sep 2026
How it compares
Blk 723 Jurong West Avenue 5 is an HDB block in Jurong West (completed in 1990, 12 storeys, 102 units). As of Sep 2026, its median resale price over the last 24 months is $511,944, about 8% below the Jurong West median, from 2 sales. 87 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×91 · 5-room ×11
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,500/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~8.2% (Jurong West average: ~7.5%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 78% of Jurong West blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $461,095–$515,491 (central estimate $488,293). Recent sales — median $481,364 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1995 | $207,500 | $342,394 | 4 |
| 1996 | $314,000 | $511,074 | 6 |
| 1997 | $297,500 | $474,618 | 4 |
| 1998 | $250,000 | $399,926 | 5 |
| 1999 | $217,000 | $347,053 | 13 |
| 2000 | $220,000 | $347,169 | 1 |
| 2001 | $195,000 | $304,631 | 5 |
| 2002 | $225,500 | $353,663 | 2 |
| 2003 | $208,000 | $324,633 | 2 |
| 2004 | $213,500 | $327,737 | 2 |
| 2005 | $212,000 | $323,902 | 1 |
| 2006 | $197,500 | $298,861 | 5 |
| 2007 | $236,800 | $350,926 | 1 |
| 2008 | $267,400 | $371,615 | 2 |
| 2009 | $297,500 | $411,028 | 2 |
| 2010 | $346,500 | $465,557 | 2 |
| 2011 | $393,194 | $501,935 | 6 |
| 2012 | $425,150 | $518,955 | 2 |
| 2013 | $432,444 | $515,669 | 2 |
| 2014 | $401,000 | $473,280 | 1 |
| 2015 | $348,000 | $412,885 | 1 |
| 2016 | $364,000 | $434,166 | 2 |
| 2017 | $350,000 | $415,073 | 1 |
| 2018 | $310,000 | $366,031 | 1 |
| 2019 | $322,000 | $378,055 | 1 |
| 2020 | $300,000 | $352,832 | 1 |
| 2021 | $385,444 | $443,062 | 2 |
| 2022 | $428,000 | $463,558 | 3 |
| 2023 | $471,500 | $487,127 | 2 |
| 2024 | $478,000 | $482,316 | 3 |
| 2025 | $511,944 | $511,944 | 2 |
Records
| Record sale | $523,888 (4-Room, 2025-01) |
|---|---|
| First recorded sale | $205,000 (1995-07) |
| Busiest year | 1999 · 13 sales |
| 10-year change (real) | +24% (+2.2%/yr, 2015→2025) |
| Total transacted | $26.2M across 87 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2025-01 | 4-Room | 04–06 | 104 m² | $523,888 |
| 2025-01 | 4-Room | 01–03 | 104 m² | $500,000 |
| 2024-07 | 4-Room | 07–09 | 104 m² | $480,000 |
| 2024-03 | 4-Room | 07–09 | 104 m² | $478,000 |
| 2024-01 | 4-Room | 04–06 | 104 m² | $473,000 |
| 2023-12 | 4-Room | 10–12 | 104 m² | $478,000 |
| 2023-04 | 4-Room | 10–12 | 111 m² | $465,000 |
| 2022-07 | 4-Room | 04–06 | 104 m² | $430,000 |
| 2022-04 | 4-Room | 10–12 | 104 m² | $428,000 |
| 2022-01 | 4-Room | 04–06 | 104 m² | $418,000 |
| 2021-10 | 4-Room | 01–03 | 111 m² | $400,888 |
| 2021-07 | 4-Room | 01–03 | 104 m² | $370,000 |
| 2020-03 | 4-Room | 04–06 | 104 m² | $300,000 |
| 2019-10 | 4-Room | 10–12 | 104 m² | $322,000 |
| 2018-08 | 4-Room | 04–06 | 111 m² | $310,000 |
| 2017-10 | 4-Room | 07–09 | 104 m² | $350,000 |
| 2016-06 | 5-Room | 01–03 | 121 m² | $378,000 |
| 2016-01 | 4-Room | 04–06 | 104 m² | $350,000 |
| 2015-04 | 4-Room | 01–03 | 104 m² | $348,000 |
| 2014-01 | 4-Room | 04–06 | 104 m² | $401,000 |
Jurong West Avenue 5 blocks ranked by price
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Quick answers
How much does a flat at Blk 723 Jurong West Avenue 5 cost?
The median resale price over the last 24 months is $511,944 (2 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 723 Jurong West Avenue 5 fairly priced?
For a typical 4-room flat here, our price model estimates $461,095–$515,491 (central estimate $488,293). Recent sales — median $481,364 — sit within that range.
What is the rent at Blk 723 Jurong West Avenue 5?
The median monthly rent is $3,500/mo over the last 12 months (4 contracts).
How old is Blk 723 Jurong West Avenue 5?
The block was completed in 1990 and its 99-year lease runs from 1990.