Blk 502 Jurong West Avenue 1
About 502 Jurong West Ave 1
502 Jurong West Avenue 1 is an HDB block located in Jurong West. It has 3 room units and the highest floor is 4. The block was completed in 1985 and the lease with HDB commenced in 1986. This means that the remaining lease period is approximately 67 years 08 months. The unit floor size is 74sqm. The latest resale transaction was in Sep 2022 and the highest transacted price was recorded in Sep 2022 for a 3 room unit at $358,000.
There are several primary schools located within 1km of block 502, including Rulang Primary School, Shuqun Primary School and Boon Lay Garden Primary School.
For secondary education, the nearby schools include Hua Yi Secondary School, Yuhua Secondary School and Hong Kah Secondary School.
Block 502 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Boon Lay MRT Station (JS8) and Lakeside MRT Station (EW26).
There are also 8 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $345,000 | $351,500 | $358,000 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,200 | $2,350 | $3,200 | 4 |
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 3 room units at 502 Jurong West Avenue 1.
- 3 room sales : Stable or no visible trend
- 3 room price : Trending up
Resale transaction details and prices
There were a total of 2 resale transactions in the last 3 years for units in block 502 Jurong West Avenue 1, with the latest one recorded in Sep 2022.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Sep 2022 | $358,000 | $4,838 | 3 Room | Blk 502 Jurong West Avenue 1 3 Room / 74 sqm | 01 to 03 | 74 sqm | Model A | 1986 |
| Jun 2022 | $345,000 | $4,662 | 3 Room | Blk 502 Jurong West Avenue 1 3 Room / 74 sqm | 04 to 06 | 74 sqm | Model A | 1986 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room units at 502 Jurong West Avenue 1.
- 3 room rental : Stable trend
- 3 room rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Hong Kah Point. We will compare a total of 1 flat types (3 Room), across a total of 6 blocks within this HDB project/estate. Block 502 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
Rental transaction details and prices
There were a total of 4 rental transactions in the last 3 years for units in block 502 Jurong West Avenue 1. The latest recorded one was in Jun 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jun 2024 | $3,000 | 3 Room | Blk 502 Jurong West Avenue 1 3 Room | Jurong West |
| Apr 2024 | $3,200 | 3 Room | Blk 502 Jurong West Avenue 1 3 Room | Jurong West |
| Oct 2023 | $1,200 | 3 Room | Blk 502 Jurong West Avenue 1 3 Room | Jurong West |
| Jul 2022 | $2,000 | 3 Room | Blk 502 Jurong West Avenue 1 3 Room | Jurong West |
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Property information for 502 Jurong West Avenue 1
| Block | : | 502 |
| Street | : | Jurong West Avenue 1 |
| Building | : | Hong Kah Point |
| Postal code | : | 640502 |
| Town | : | Jurong West |
| Recorded transactions floor area | : | 74 sqm |
| Recorded transactions flat types | : | 3 Room |
| Recorded transactions flat models | : | Model A |
| Lease commencement | : | 1986 |
| Year completed | : | 1985 |
| Max. Floor | : | 4 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
