Blk 488 Jurong West Avenue 1
About 488 Jurong West Ave 1
488 Jurong West Avenue 1 comprises 4 room HDB blocks and is located in Jurong West. It was completed in year 1984 and the lease commenced in 1985. The remaining lease period with HDB is therefore approximately 65 years 03 months.
The highest floor for this block is 12. The unit floor size are 91 and 92sqm, based on past transactions data. The latest resale transaction was in Sep 2024 and the highest transacted price was recorded in Oct 2023 for a 4 room unit at $485,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 488, including Shuqun Primary School, Jurong Primary School and Rulang Primary School.
For secondary education, the nearby schools include Fuhua Secondary School, Hong Kah Secondary School and Jurongville Secondary School.
Block 488 is also well-connected to public transportation, with several MRT stations close by, including Lakeside MRT Station (EW26).
There are also 4 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $438,000 | $464,000 | $485,000 | 6 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,800 | $1,900 | $2,000 | 2 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room units at 488 Jurong West Avenue 1.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Jurongville @ Avenue 1. We will compare a total of 2 flat types (3 Room and 4 Room), across a total of 8 blocks within this HDB project/estate. Block 488 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 6 resale transactions in the last 3 years for units in block 488 Jurong West Avenue 1, with the latest one recorded in Sep 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Sep 2024 | $475,000 | $5,163 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room / 92 sqm | 01 to 03 | 92 sqm | New Generation | 1985 |
| Jul 2024 | $468,000 | $5,143 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room / 91 sqm | 07 to 09 | 91 sqm | New Generation | 1985 |
| Apr 2024 | $458,000 | $5,033 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room / 91 sqm | 04 to 06 | 91 sqm | New Generation | 1985 |
| Feb 2024 | $460,000 | $5,055 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room / 91 sqm | 10 to 12 | 91 sqm | New Generation | 1985 |
| Jan 2024 | $438,000 | $4,813 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room / 91 sqm | 10 to 12 | 91 sqm | New Generation | 1985 |
| Oct 2023 | $485,000 | $5,272 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room / 92 sqm | 10 to 12 | 92 sqm | New Generation | 1985 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room units at 488 Jurong West Avenue 1.
- 4 room rental : Stable trend
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 2 rental transactions in the last 3 years for units in block 488 Jurong West Avenue 1. The latest recorded one was in Apr 2023.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2023 | $2,000 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room | Jurong West |
| Mar 2022 | $1,800 | 4 Room | Blk 488 Jurong West Avenue 1 4 Room | Jurong West |
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Property information for 488 Jurong West Avenue 1
| Block | : | 488 |
| Street | : | Jurong West Avenue 1 |
| Building | : | Jurongville @ Avenue 1 |
| Postal code | : | 640488 |
| Town | : | Jurong West |
| Recorded transactions floor area | : | 91 sqm, 92 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1985 |
| Year completed | : | 1984 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
