Blk 538 Jurong West Avenue 1
About 538 Jurong West Ave 1
538 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 1984. The remaining lease period with HDB is therefore approximately 66 years.
The highest floor for this block is 8. The unit floor size are 103, 104 and 107sqm, based on past transactions data. The latest resale transaction was in Jan 2024 and the highest transacted price was recorded in Oct 2023 for a 4 room unit at $500,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 538, including Rulang Primary School, Shuqun Primary School and Boon Lay Garden Primary School.
For secondary education, the nearby schools include Hua Yi Secondary School and Yuhua Secondary School.
Block 538 is also well-connected to public transportation, with several MRT stations close by, including Boon Lay MRT Station (JS8), Jurong West MRT Station (JS6) and Lakeside MRT Station (EW26).
There are also 5 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $442,000 | $477,333 | $500,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,000 | $2,740 | $3,800 | 10 |
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 538 Jurong West Avenue 1.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 538 Jurong West Avenue 1, with the latest one recorded in Jan 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | $490,000 | $4,757 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room / 103 sqm | 07 to 09 | 103 sqm | Model A | 1984 |
| Oct 2023 | $500,000 | $4,808 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1984 |
| May 2022 | $442,000 | $4,131 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room / 107 sqm | 01 to 03 | 107 sqm | Model A | 1984 |
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 538 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 10 rental transactions in the last 3 years for units in block 538 Jurong West Avenue 1. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $3,800 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Aug 2024 | $3,100 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Jun 2024 | $2,500 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Feb 2024 | $2,800 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Sep 2023 | $2,500 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Mar 2023 | $3,100 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Aug 2022 | $2,000 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| May 2022 | $2,300 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Mar 2022 | $2,800 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
| Feb 2022 | $2,500 | 4 Room | Blk 538 Jurong West Avenue 1 4 Room | Jurong West |
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Property information for 538 Jurong West Avenue 1
| Block | : | 538 |
| Street | : | Jurong West Avenue 1 |
| Building | : | |
| Postal code | : | 640538 |
| Town | : | Jurong West |
| Recorded transactions floor area | : | 103 sqm, 104 sqm, 107 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Model A |
| Lease commencement | : | 1984 |
| Year completed | : | 1984 |
| Max. Floor | : | 8 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
