Block 553 Jurong West St 42
553 Jurong West St 42, Singapore 640553
Block 553 Jurong West St 42 is an HDB block in Jurong West, completed in 1983, with 88 dwelling units. Across 102 resales on record, 5-Room flats have recently resold around S$459k (S$330 psf, 133 sqm). The lease has approximately 59 years remaining.
What are the key facts about Block 553 Jurong West St 42?
Block 553 Jurong West St 42 is an HDB block in Jurong West, completed in 1983, with 88 dwelling units.
- Town
- Jurong West
- Planning area
- Jurong West
- Completed
- 1983
- Storeys
- 12
- Total units
- 88
- Flat model
- Model A
- Market segment
- OCR
- Median resale
- S$459k
- Last transacted
- Jun 2025
- Remaining lease
- ≈ 59 years
What are resale prices at Block 553 Jurong West St 42?
5-Room flats have recently resold around S$459k (S$330 psf), from 102 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 16 | S$325,000recent | 104 sqm | S$290 psf |
| 5-Room | 86 | S$480,000recent | 134 sqm | S$330 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 Jun 2025.
What rent and yield does Block 553 Jurong West St 42 get?
Flats at Block 553 Jurong West St 42 have recently sublet for a median of S$2,800/mo, an indicative gross rental yield of about 7.3% (from 12 recent rental contracts).
Median rent
S$2,800/mo
12 recent contracts
Gross rental yield
7.3%
indicative, gross
Annual rent
S$33,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 12 | S$2,800/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 Jan 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 553 Jurong West St 42?
Block 553 Jurong West St 42 has 102 recorded resales; the most recent transacted at S$620,000 in Jun 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jun 2025 | 5-Room | 04 TO 06 | 135 sqm | S$620,000 |
| Dec 2024 | 5-Room | 04 TO 06 | 134 sqm | S$605,000 |
| Aug 2024 | 5-Room | 01 TO 03 | 133 sqm | S$600,000 |
| Jul 2023 | 4-Room | 04 TO 06 | 104 sqm | S$458,888 |
| Jun 2022 | 4-Room | 04 TO 06 | 108 sqm | S$430,000 |
| Jun 2020 | 5-Room | 04 TO 06 | 135 sqm | S$400,000 |
| Mar 2020 | 5-Room | 04 TO 06 | 133 sqm | S$395,000 |
| May 2019 | 4-Room | 10 TO 12 | 104 sqm | S$325,000 |
| May 2017 | 5-Room | 10 TO 12 | 134 sqm | S$480,000 |
| Nov 2016 | 5-Room | 07 TO 09 | 133 sqm | S$462,000 |
| Jul 2015 | 5-Room | 01 TO 03 | 135 sqm | S$430,000 |
| Jun 2015 | 5-Room | 07 TO 09 | 135 sqm | S$480,000 |
What flat types are in Block 553 Jurong West St 42?
Block 553 Jurong West St 42 has 88 units, mostly 5-Room flats of the Model A model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 553 Jurong West St 42?
Block 553 Jurong West St 42 is an HDB block in Jurong West.
Block 553 Jurong West St 42 is an HDB block located along Jurong West St 42. The block is recorded as completed around 1983, with up to 12 storeys. It has an estimated 88 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.
The address is Block 553 Jurong West St 42, Singapore 640553. It is part of District 22, Jurong, the Jurong West planning area. The block falls within the West Region and the OCR market segment.
Nearby amenities include NG TOH TET for groceries, Blk 505 Jurong West Street 52 for food options, and Jurong Spring Community Club for community facilities.
How far is Block 553 Jurong West St 42 from MRT and schools?
4 schools are within 1 km, including 2 primary schools.
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Hua Yi Secondary SchoolSecondary schoolwithin 1 km333 m
- Shuqun Primary SchoolPrimary schoolwithin 1 km · P1 priority673 m
- Rulang Primary SchoolPrimary schoolwithin 1 km · P1 priority713 m
- Yuhua Secondary SchoolSecondary schoolwithin 1 km781 m
- Fuhua Secondary SchoolSecondary school1.1 km
- Jurongville Secondary SchoolSecondary school1.1 km
- Yuan Ching Secondary SchoolSecondary school1.3 km
- Boon Lay Garden Primary SchoolPrimary school1.3 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 553 Jurong West St 42?
Buying a flat at Block 553 Jurong West St 42 (~S$459k) needs about S$3,658/mo in income and S$1,723/mo in repayments, after S$8,367 stamp duty and a S$115k downpayment.
Illustrative, for a buyer at the recent median resale price (S$459k) — 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$8,367
BSD, tiered
Downpayment (25%)
S$115k
cash + CPF
Monthly instalment
S$1,723/mo
25y @ 3.5%
Income required
S$3,658/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 553 Jurong West St 42? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 553 Jurong West St 42 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 553 Jurong West St 42
How much does a 5-Room flat at Block 553 Jurong West St 42 cost?⌄
5-Room flats at Block 553 Jurong West St 42 have recently resold for a median of about S$459k (S$330 psf), from 102 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 553 Jurong West St 42 by flat type?⌄
4-Room ≈ S$325k; 5-Room ≈ S$480k (median resale, HDB caveats).
Is Block 553 Jurong West St 42 worth buying given its remaining lease?⌄
Block 553 Jurong West St 42 has about 59 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 553 Jurong West St 42?⌄
Gross rental yield at Block 553 Jurong West St 42 is about 7.3%, based on a median subletting rent of about S$2,800/mo against a resale price of about S$459k. 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 553 Jurong West St 42?⌄
For a flat at about S$459k on a 25-year HDB-style loan, you'd need roughly S$3,658/mo in household income, with repayments around S$1,723/mo after a S$115k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
Which primary schools are within 1 km of Block 553 Jurong West St 42?⌄
Shuqun Primary School, Rulang Primary School are within 1 km of Block 553 Jurong West St 42 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.