Block 723 Jurong West Ave 5
723 Jurong West Ave 5, Singapore 640723
Block 723 Jurong West Ave 5 is an HDB block in Jurong West, completed in 1990, with 102 dwelling units. Across 87 resales on record, 4-Room flats have recently resold around S$465k (S$389 psf, 104 sqm). The lease has approximately 65 years remaining.
What are the key facts about Block 723 Jurong West Ave 5?
Block 723 Jurong West Ave 5 is an HDB block in Jurong West, completed in 1990, with 102 dwelling units.
- Town
- Jurong West
- Planning area
- Jurong West
- Completed
- 1990
- Storeys
- 12
- Total units
- 102
- Flat model
- Model A · Improved
- Market segment
- OCR
- Median resale
- S$465k
- Last transacted
- Jan 2025
- Remaining lease
- ≈ 65 years
What are resale prices at Block 723 Jurong West Ave 5?
4-Room flats have recently resold around S$465k (S$389 psf), from 87 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 74 | S$465,000recent | 104 sqm | S$389 psf |
| 5-Room | 13 | S$335,000recent | 121 sqm | S$257 psf |
Live now: 6 flats listed for sale at this block (median asking S$600k) and 3 for rent — search all listings.
“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 Jan 2025.
What rent and yield does Block 723 Jurong West Ave 5 get?
Flats at Block 723 Jurong West Ave 5 have recently sublet for a median of S$3,200/mo, an indicative gross rental yield of about 8.3% (from 16 recent rental contracts).
Median rent
S$3,200/mo
16 recent contracts
Gross rental yield
8.3%
indicative, gross
Annual rent
S$38,400
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 16 | S$3,200/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 May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 723 Jurong West Ave 5?
Block 723 Jurong West Ave 5 has 87 recorded resales; the most recent transacted at S$500,000 in Jan 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jan 2025 | 4-Room | 01 TO 03 | 104 sqm | S$500,000 |
| Jan 2025 | 4-Room | 04 TO 06 | 104 sqm | S$523,888 |
| Jul 2024 | 4-Room | 07 TO 09 | 104 sqm | S$480,000 |
| Mar 2024 | 4-Room | 07 TO 09 | 104 sqm | S$478,000 |
| Jan 2024 | 4-Room | 04 TO 06 | 104 sqm | S$473,000 |
| Dec 2023 | 4-Room | 10 TO 12 | 104 sqm | S$478,000 |
| Apr 2023 | 4-Room | 10 TO 12 | 111 sqm | S$465,000 |
| Jul 2022 | 4-Room | 04 TO 06 | 104 sqm | S$430,000 |
| Apr 2022 | 4-Room | 10 TO 12 | 104 sqm | S$428,000 |
| Jan 2022 | 4-Room | 04 TO 06 | 104 sqm | S$418,000 |
| Oct 2021 | 4-Room | 01 TO 03 | 111 sqm | S$400,888 |
| Jul 2021 | 4-Room | 01 TO 03 | 104 sqm | S$370,000 |
What flat types are in Block 723 Jurong West Ave 5?
Block 723 Jurong West Ave 5 has 102 units, mostly 4-Room flats of the Model A / Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 723 Jurong West Ave 5?
Block 723 Jurong West Ave 5 is an HDB block in Jurong West.
Block 723 Jurong West Ave 5 is an HDB block located along Jurong West Ave 5. The block is recorded as completed around 1990, with up to 12 storeys. It has an estimated 102 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 723 Jurong West Ave 5, Singapore 640723. 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 Pioneer MRT, approximately 770m away, around 12 minutes on foot. Nearby amenities include Jurong Point for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Jurong West Hawker Centre for food options, Westwood Park Playground for greenery and recreation, Pioneer Polyclinic for polyclinic services, and Gek Poh Ville Community Club for community facilities.
How far is Block 723 Jurong West Ave 5 from MRT and schools?
The nearest MRT/LRT to Block 723 Jurong West Ave 5 is Pioneer MRT, about 771 m away (~12 min walk). 5 schools are within 1 km, including 4 primary schools.
Getting around
- Pioneer MRT771 m · ~12 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- West Grove Primary SchoolPrimary schoolwithin 1 km · P1 priority133 m
- Westwood Primary SchoolPrimary schoolwithin 1 km · P1 priority401 m
- Boon Lay Secondary SchoolSecondary schoolwithin 1 km457 m
- Jurong West Primary SchoolPrimary schoolwithin 1 km · P1 priority593 m
- Frontier Primary SchoolPrimary schoolwithin 1 km · P1 priority912 m
- Westwood Secondary SchoolSecondary school1.1 km
- Jurong West Secondary SchoolSecondary school1.1 km
- Xingnan Primary SchoolPrimary school1.2 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 723 Jurong West Ave 5?
Buying a flat at Block 723 Jurong West Ave 5 (~S$465k) needs about S$3,707/mo in income and S$1,746/mo in repayments, after S$8,550 stamp duty and a S$116k downpayment.
Illustrative, for a buyer at the recent median resale price (S$465k) — 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$8,550
BSD, tiered
Downpayment (25%)
S$116k
cash + CPF
Monthly instalment
S$1,746/mo
25y @ 3.5%
Income required
S$3,707/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 723 Jurong West Ave 5? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 723 Jurong West Ave 5 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 723 Jurong West Ave 5
How much does a 4-Room flat at Block 723 Jurong West Ave 5 cost?⌄
4-Room flats at Block 723 Jurong West Ave 5 have recently resold for a median of about S$465k (S$389 psf), from 87 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 723 Jurong West Ave 5 by flat type?⌄
4-Room ≈ S$465k; 5-Room ≈ S$335k (median resale, HDB caveats).
Is Block 723 Jurong West Ave 5 worth buying given its remaining lease?⌄
Block 723 Jurong West Ave 5 has about 65 years left on its 99-year lease (completed 1990). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 723 Jurong West Ave 5?⌄
Gross rental yield at Block 723 Jurong West Ave 5 is about 8.3%, based on a median subletting rent of about S$3,200/mo against a resale price of about S$465k. 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 723 Jurong West Ave 5?⌄
For a flat at about S$465k on a 25-year HDB-style loan, you'd need roughly S$3,707/mo in household income, with repayments around S$1,746/mo after a S$116k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 723 Jurong West Ave 5?⌄
The nearest MRT/LRT station to Block 723 Jurong West Ave 5 is Pioneer MRT, about 771 m away (~12 min walk).
Which primary schools are within 1 km of Block 723 Jurong West Ave 5?⌄
West Grove Primary School, Westwood Primary School, Jurong West Primary School, Frontier Primary School are within 1 km of Block 723 Jurong West Ave 5 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.