Blk 540 Jurong West Avenue 1
About 540 Jurong West Ave 1
540 Jurong West Avenue 1 is an HDB block located in Jurong West. It has 4 room units and the highest floor is 12. The block was completed in 1984 and the lease with HDB commenced in 1984. This means that the remaining lease period is approximately 66 years 11 months. The unit floor size are 103, 104, 107 and 109sqm. The latest resale transaction was in Jul 2024 and the highest transacted price was recorded in Jul 2024 for a 4 room unit at $535,000.
There are several primary schools located within 1km of block 540, 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 540 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 : Jurong West MRT Station (JS6) and Lakeside MRT Station (EW26).
There are also 6 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $410,000 | $469,200 | $535,000 | 5 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,200 | $2,650 | $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 4 room units at 540 Jurong West Avenue 1.
- 4 room sales : Trending up
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 5 resale transactions in the last 3 years for units in block 540 Jurong West Avenue 1, with the latest one recorded in Jul 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jul 2024 | $458,000 | $4,404 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room / 104 sqm | 04 to 06 | 104 sqm | Model A | 1984 |
| Jul 2024 | $535,000 | $5,000 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room / 107 sqm | 01 to 03 | 107 sqm | Model A | 1984 |
| Jan 2024 | $455,000 | $4,417 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room / 103 sqm | 04 to 06 | 103 sqm | Model A | 1984 |
| Aug 2023 | $488,000 | $4,561 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room / 107 sqm | 10 to 12 | 107 sqm | Model A | 1984 |
| Jan 2022 | $410,000 | $3,981 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room / 103 sqm | 04 to 06 | 103 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 540 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 4 rental transactions in the last 3 years for units in block 540 Jurong West Avenue 1. The latest recorded one was in Aug 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Aug 2024 | $3,200 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room | Jurong West |
| Nov 2023 | $2,600 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room | Jurong West |
| Apr 2023 | $2,600 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room | Jurong West |
| Nov 2021 | $2,200 | 4 Room | Blk 540 Jurong West Avenue 1 4 Room | Jurong West |
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Property information for 540 Jurong West Avenue 1
| Block | : | 540 |
| Street | : | Jurong West Avenue 1 |
| Building | : | |
| Postal code | : | 640540 |
| Town | : | Jurong West |
| Recorded transactions floor area | : | 103 sqm, 104 sqm, 107 sqm, 109 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Model A |
| Lease commencement | : | 1984 |
| Year completed | : | 1984 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |