Block 423 Jurong West Ave 1
423 Jurong West Ave 1, Singapore 640423
Block 423 Jurong West Ave 1 is an HDB block in Jurong West, completed in 1983, with 88 dwelling units. Across 132 resales on record, 3-Room flats have recently resold around S$390k (S$411 psf, 74 sqm). The lease has approximately 57 years remaining.
What are the key facts about Block 423 Jurong West Ave 1?
Block 423 Jurong West Ave 1 is an HDB block in Jurong West, completed in 1983, with 88 dwelling units.
- Town
- Jurong West
- Planning area
- Jurong West
- Completed
- 1983
- Storeys
- 8
- Total units
- 88
- Flat model
- Model A
- Market segment
- OCR
- Median resale
- S$390k
- Last transacted
- Mar 2026
- Remaining lease
- ≈ 57 years
What are resale prices at Block 423 Jurong West Ave 1?
3-Room flats have recently resold around S$390k (S$411 psf), from 132 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 103 | S$285,000recent | 74 sqm | S$358 psf |
| 4-Room | 29 | S$338,000recent | 105 sqm | S$302 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Mar 2026.
What rent and yield does Block 423 Jurong West Ave 1 get?
Flats at Block 423 Jurong West Ave 1 have recently sublet for a median of S$2,000/mo, an indicative gross rental yield of about 6.2% (from 7 recent rental contracts).
Median rent
S$2,000/mo
7 recent contracts
Gross rental yield
6.2%
indicative, gross
Annual rent
S$24,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 7 | S$2,000/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Feb 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 423 Jurong West Ave 1?
Block 423 Jurong West Ave 1 has 132 recorded resales; the most recent transacted at S$400,000 in Mar 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Mar 2026 | 3-Room | 01 TO 03 | 84 sqm | S$400,000 |
| Feb 2026 | 3-Room | 04 TO 06 | 74 sqm | S$420,000 |
| Jan 2026 | 3-Room | 07 TO 09 | 74 sqm | S$440,000 |
| Dec 2025 | 3-Room | 04 TO 06 | 74 sqm | S$420,000 |
| Nov 2023 | 4-Room | 07 TO 09 | 104 sqm | S$460,000 |
| Jul 2023 | 3-Room | 04 TO 06 | 74 sqm | S$360,000 |
| May 2022 | 4-Room | 04 TO 06 | 104 sqm | S$445,000 |
| Dec 2021 | 3-Room | 04 TO 06 | 74 sqm | S$340,000 |
| Apr 2021 | 4-Room | 07 TO 09 | 105 sqm | S$390,000 |
| Nov 2020 | 3-Room | 07 TO 09 | 74 sqm | S$285,000 |
| Jun 2020 | 3-Room | 07 TO 09 | 74 sqm | S$275,000 |
| Mar 2020 | 4-Room | 07 TO 09 | 104 sqm | S$338,000 |
What flat types are in Block 423 Jurong West Ave 1?
Block 423 Jurong West Ave 1 has 88 units, mostly 3-Room flats of the Model A model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 423 Jurong West Ave 1?
Block 423 Jurong West Ave 1 is an HDB block in Jurong West.
Block 423 Jurong West Ave 1 is an HDB block located along Jurong West Ave 1. The block is recorded as completed around 1983, with up to 8 storeys. It has an estimated 88 residential units based on the HDB property information dataset. Flat types in the block include 3-room and 4-room units.
The address is Block 423 Jurong West Ave 1, Singapore 640423. It is part of District 22, Jurong, the Jurong West planning area. The block falls within the West Region and the OCR market segment.
The nearest rail connection is Lakeside MRT, approximately 888m away, around 14 minutes on foot. Nearby amenities include COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 505 Jurong West Street 52 for food options, Jurong Polyclinic for polyclinic services, and Jurong Green Community Club for community facilities.
How far is Block 423 Jurong West Ave 1 from MRT and schools?
The nearest MRT/LRT to Block 423 Jurong West Ave 1 is Lakeside MRT, about 889 m away (~14 min walk). 8 schools are within 1 km, including 4 primary schools.
Getting around
- Lakeside MRT889 m · ~14 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Jurongville Secondary SchoolSecondary schoolwithin 1 km387 m
- Hua Yi Secondary SchoolSecondary schoolwithin 1 km435 m
- Fuhua Secondary SchoolSecondary schoolwithin 1 km444 m
- Yuhua Secondary SchoolSecondary schoolwithin 1 km511 m
- Shuqun Primary SchoolPrimary schoolwithin 1 km · P1 priority564 m
- Jurong Primary SchoolPrimary schoolwithin 1 km · P1 priority898 m
- Rulang Primary SchoolPrimary schoolwithin 1 km · P1 priority902 m
- Pioneer Primary SchoolPrimary schoolwithin 1 km · P1 priority907 m
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 423 Jurong West Ave 1?
Buying a flat at Block 423 Jurong West Ave 1 (~S$390k) needs about S$3,109/mo in income and S$1,464/mo in repayments, after S$6,300 stamp duty and a S$98k downpayment.
Illustrative, for a buyer at the recent median resale price (S$390k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$6,300
BSD, tiered
Downpayment (25%)
S$98k
cash + CPF
Monthly instalment
S$1,464/mo
25y @ 3.5%
Income required
S$3,109/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 423 Jurong West Ave 1? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 423 Jurong West Ave 1 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 423 Jurong West Ave 1
How much does a 3-Room flat at Block 423 Jurong West Ave 1 cost?⌄
3-Room flats at Block 423 Jurong West Ave 1 have recently resold for a median of about S$390k (S$411 psf), from 132 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 423 Jurong West Ave 1 by flat type?⌄
3-Room ≈ S$285k; 4-Room ≈ S$338k (median resale, HDB caveats).
Is Block 423 Jurong West Ave 1 worth buying given its remaining lease?⌄
Block 423 Jurong West Ave 1 has about 57 years left on its 99-year lease (completed 1983). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 423 Jurong West Ave 1?⌄
Gross rental yield at Block 423 Jurong West Ave 1 is about 6.2%, based on a median subletting rent of about S$2,000/mo against a resale price of about S$390k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 423 Jurong West Ave 1?⌄
For a flat at about S$390k on a 25-year HDB-style loan, you'd need roughly S$3,109/mo in household income, with repayments around S$1,464/mo after a S$98k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 423 Jurong West Ave 1?⌄
The nearest MRT/LRT station to Block 423 Jurong West Ave 1 is Lakeside MRT, about 889 m away (~14 min walk).
Which primary schools are within 1 km of Block 423 Jurong West Ave 1?⌄
Shuqun Primary School, Jurong Primary School, Rulang Primary School, Pioneer Primary School are within 1 km of Block 423 Jurong West Ave 1 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.