How Much Is a Flat at Block 716 Jurong West St 71 Worth?

4 Room · Built 1991 · 65 years 03 months remaining MOP Cleared

Latest Sale

$518,000

2024-12 · 4 Room

Median $/sqm

$3,762

Based on 16 txns

Total Txns

16

Since data available

5-Yr Trend

▲46.7%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

Transaction density proxy

BUYER DEMAND

3.1 / 10

Block Specialists

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Lease Clock

Act Soon
0 yrs 65 years left 99 yrs

Key threshold: 60 years

Buyers will face resale restrictions after MOP

Your block has 65 years of lease left. A buyer who purchases today and waits out their 5-year MOP will be selling a flat under 60 years — which means their buyers face CPF and loan limits. Savvy buyers know this. It shrinks your pool and puts downward pressure on price.

An experienced agent can help you find motivated buyers and close before this becomes a bigger factor.

Transaction History 16 total

Date Floor Type sqm Price $/sqm
2024-12 10 TO 12 4 Room 104 $518,000 $4,981
2024-10 04 TO 06 4 Room 103 $530,000 $5,146
2024-07 10 TO 12 4 Room 111 $490,000 $4,414
2024-05 04 TO 06 4 Room 104 $480,000 $4,615
2023-04 13 TO 15 4 Room 104 $485,000 $4,663
2022-06 01 TO 03 4 Room 106 $415,888 $3,923
2022-02 01 TO 03 4 Room 103 $400,000 $3,883
2021-09 01 TO 03 4 Room 104 $405,000 $3,894
2021-03 07 TO 09 4 Room 103 $375,000 $3,641
2020-10 07 TO 09 4 Room 104 $352,000 $3,385
2020-09 01 TO 03 4 Room 111 $310,000 $2,793
2020-06 07 TO 09 4 Room 104 $332,000 $3,192
2019-08 07 TO 09 4 Room 111 $298,000 $2,685
2019-02 01 TO 03 4 Room 104 $305,000 $2,933
2018-08 04 TO 06 4 Room 106 $325,888 $3,074
2017-11 10 TO 12 4 Room 111 $352,800 $3,178
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About Block 716 Jurong West St 71

Block 716 at Jurong West St 71 is a residential HDB block in Jurong West, Singapore, built in 1991 with approximately 64 years remaining on its 99-year lease. The block contains 4 Room flats. The most recent transaction was a 4 Room flat (storeys 10–12) that sold for $518,000 in Dec 2024. The current median price per square metre is $3,762. Over the past five years, resale prices have risen by approximately 46.7%.

Buyers can use CPF and get full bank financing for flats with more than 60 years of lease remaining — Block 716 has 64 years left, meaning buyers face no financing restrictions.

All data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is a flat at Block 716 Jurong West St 71?

Based on 16 recorded transactions, the median resale price is $504,000. The most recent sale was $518,000 in 2024-12.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $504,000

What is my flat worth at Block 716?

The overall median resale price at Block 716 Jurong West St 71 is $504,000. Prices have risen 46.7% over the past 5 years.

How active is the resale market at Block 716?

Block 716 has recorded 16 resale transactions — roughly 0.7 sales per month over the past 24 months. The latest transaction closed in 2024-12.

What flat types are available at Block 716?

Block 716 Jurong West St 71 has 4 Room units.

How much can I unlock to upgrade if I sell my HDB at Block 716?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 716?

Block 716 was built in 1991 with a 99-year lease. It has approximately 65 years 03 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Seller stamp duty None (after MOP)
Total (est.) on $504,000 $10,660 to $12,160