490 Jurong West Avenue 1

490 Jurong West Avenue 1 is a leasehold (99 Yrs From 1984) HDB property completed in 1984. It is located along Jurong West Avenue 1 in Jurong West HDB Town, in the West Region. It is accessible through the nearest MRTs including Lakeside EW26 and Chinese Garden EW25.

Other nearby amenities include 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD.

This development consists of 66 units of 3-room flats, and 44 units of 4-room flats. Based on transaction data in the last 12 months, sale prices range from S$ 350,000 to S$ 380,000 and rents range from S$ 2,250 psf to S$ 3,000 psf.

Buyers and tenants are attracted to Jurong West HDB town, a residential town located in Singapore's West Region. Originally a forested area, Jurong West has seen rapid development into a mature housing estate. It is now the largest town in Singapore's Western Region, and home to Singapore's second university, Nanyang Technological University. The town is also in the vicinity of Jurong Bird Park. Another prominent landmark is Jurong Point shopping mall, which is one of the largest suburban malls in the city-country. Standing just next to Boon Lay Bus Interchange, Jurong Point is a hotspot to hang out for undergraduates from the Nanyang Technological University.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.