Blk 503 Jurong West Avenue 1
About 503 Jurong West Ave 1
503 Jurong West Avenue 1 is an HDB block in Jurong West. It comprises 3 room units with the highest floor being 4. The block was completed in 1985 and the lease with HDB commenced in the year 1986. This leaves a remaining lease period of approximately 67 years 11 months.
Based on past transactions data, the unit floor size are 74, 88 and 89sqm. The latest resale transaction was in May 2023 and the highest transacted price was recorded in May 2023 for a 3 room unit at $418,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 503, 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 Yuan Ching Secondary School.
Public transportation is also convenient, with several MRT stations close to 503, including Boon Lay MRT Station (JS8) and Lakeside MRT Station (EW26). There are also 8 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $340,000 | $374,696 | $418,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $3,200 | $3,200 | $3,200 | 1 |
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 503 Jurong West Avenue 1.
- 3 room sales : Stable or no visible trend
- 3 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 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 503 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 3 resale transactions in the last 3 years for units in block 503 Jurong West Avenue 1, with the latest one recorded in May 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2023 | $418,000 | $4,750 | 3 Room | Blk 503 Jurong West Avenue 1 3 Room / 88 sqm | 01 to 03 | 88 sqm | Model A | 1986 |
| Feb 2023 | $366,088 | $4,947 | 3 Room | Blk 503 Jurong West Avenue 1 3 Room / 74 sqm | 04 to 06 | 74 sqm | Model A | 1986 |
| Aug 2022 | $340,000 | $4,595 | 3 Room | Blk 503 Jurong West Avenue 1 3 Room / 74 sqm | 01 to 03 | 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 503 Jurong West Avenue 1.
- 3 room rental : Stable trend
- 3 room rental price : Stable trend
Rental transaction details and prices
There were a total of 1 rental transactions in the last 3 years for units in block 503 Jurong West Avenue 1. The latest recorded one was in Mar 2023.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Mar 2023 | $3,200 | 3 Room | Blk 503 Jurong West Avenue 1 3 Room | Jurong West |
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Property information for 503 Jurong West Avenue 1
| Block | : | 503 |
| Street | : | Jurong West Avenue 1 |
| Building | : | Hong Kah Point |
| Postal code | : | 640503 |
| Town | : | Jurong West |
| Recorded transactions floor area | : | 74 sqm, 88 sqm, 89 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 |
