538 Jurong West Avenue 1 640538, Hong Kah, West Region, Singapore
$550,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$412,089
S$372 psf
Asking Price
S$550,000
S$496 psf
vs Market
+33.5%
vs Last Done
+17.0%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Lakeside
867m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$448
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$372
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 538 JURONG WEST AVE 1 Floor 01 TO 03 | 1,109sqft | S$470,000 | ▲S$424 +14.0% vs FV | 99yr from 1984 |
May 2026 | Blk 538 JURONG WEST AVE 1 Floor 01 TO 03 | 1,109sqft | S$470,000 | ▲S$424 +14.0% vs FV | 99yr from 1984 |
Jul 2025 | Blk 538 JURONG WEST AVE 1 Floor 07 TO 09 | 1,119sqft | S$528,000 | ▲S$472 +26.9% vs FV | 99yr from 1984 |
Blk 538 JURONG WEST AVE 1
May 2026 · Floor 01 TO 03
+14.0% vs FV
Blk 538 JURONG WEST AVE 1
May 2026 · Floor 01 TO 03
+14.0% vs FV
Blk 538 JURONG WEST AVE 1
Jul 2025 · Floor 07 TO 09
+26.9% vs FV
HELIOS AI Analysis
In the current valuation of the HDB 4-room unit located in Jurong West, we observe an estimated value of $412,089, translating to approximately $372 per square foot (PSF). This valuation is notably above the market baseline, reflecting a significant premium of 33.5%. Such a deviation suggests strong demand dynamics in this particular locale, which is often driven by factors such as proximity to essential amenities, transportation links, and the evolving urban landscape of Jurong West.
However, it is crucial to highlight that the remaining lease of 57 years may impact the desirability and resale potential of this property. The market signal, classified as above market, indicates that while the property is currently perceived as valuable, the model confidence remains low due to the limited dataset, which is based on merely two recent HDB resale transactions in the vicinity. This uncertainty underscores the need for potential buyers to conduct thorough due diligence and consider long-term lease implications alongside current market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.