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[For Sale] Hdb Flat At 216 Jurong East Street 21 — From S$890K

216 Jurong East Street 21

1 for sale
16 people are looking at this property right now
HDB

[For Sale] Hdb Flat At 216 Jurong East Street 21 — From S$890K

HDB Flat At 216 Jurong East Street 21
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1528 sqft S$890K
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$890K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$178K on this acquisition.
  • Located 8 min (700 m) from EW25 Chinese Garden MRT Station.
Housing Grants & Financing
  • Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
  • Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
  • Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
  • Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

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216 Jurong East Street 21: HDB Living in Jurong East

216 Jurong East Street 21 represents a well-established residential block within Jurong East, one of Singapore's most developed planning areas. This HDB development offers a range of unit types designed to accommodate diverse household needs, from first-time homebuyers to upgraders seeking additional space. The project benefits from its proximity to essential infrastructure, making it an attractive option for those seeking practical, accessible residential living in the western region.

Located in the Jurong East precinct, the development sits within a mature estate characterised by established community facilities, retail options, and reliable public transport connections. The area has consistently attracted residents valuing convenience and proximity to employment centres in the west. Units at 216 Jurong East Street 21 are positioned to serve both owner-occupiers seeking a permanent residence and investors considering long-term capital appreciation within this proven residential locale.

Transport Connectivity and Location Advantages

A defining strength of this development is its proximity to Chinese Garden MRT Station (EW25), situated approximately 700 metres away, making the commute walkable within eight minutes under normal conditions. This connection to the East-West Line provides direct access to major employment nodes throughout Singapore, including the Central Business District, Changi Airport, and employment hubs along the eastern corridor. The accessibility to a major MRT interchange significantly enhances the property's appeal for working professionals and families managing multiple commute patterns.

Beyond the MRT, the locale benefits from comprehensive bus infrastructure serving Jurong East and connecting to surrounding districts. Drivers will find the development's position convenient for accessing the Pan-Island Expressway and other major arterial routes. This layered transport connectivity supports both daily commuting convenience and broader regional mobility, contributing to the development's appeal across different buyer demographics.

Residential Configuration and Space Standards

The units within this HDB block are designed with thoughtful layouts catering to modern living requirements. The development encompasses various bedroom configurations, enabling prospective residents to select options matching their household composition and lifestyle needs. Typical unit sizes provide sufficient built-up area for comfortable family living, with functional kitchen and bathroom arrangements reflecting contemporary design standards for public housing.

The building infrastructure is characteristic of established HDB estates, with practical design supporting everyday functionality. Common areas within the block facilitate community interaction, whilst individual units are oriented to maximise natural light and ventilation. These design considerations contribute to the overall liveability of the development and appeal to residents prioritising practical, comfortable home environments.

Pricing and Market Position

Current offerings at 216 Jurong East Street 21 commence from S$890,000, positioning the development within the mid-range of Jurong East's HDB market. This pricing reflects the established nature of the estate, the maturity of surrounding infrastructure, and the convenience of MRT proximity. For buyers comparing options across the western region, the price point offers reasonable value relative to comparable unit sizes and locations elsewhere in the Jurong East planning area.

The market for units in this development has historically demonstrated stability, supported by consistent demand from both owner-occupiers and investors. As an established block within a mature estate, pricing trends tend to correlate with broader HDB market movements and refinement of the East-West Line corridor. Prospective buyers should note that pricing varies based on floor level, unit type, and facing direction—factors that may influence both purchase costs and future rental yields.

Investment Considerations

For investors evaluating this development, several factors warrant consideration. The proximity to a major MRT station traditionally supports rental demand from professionals and younger families seeking convenient access to employment areas. HDB leasehold properties, including units at this development, continue to attract investor interest, particularly when lease duration remains substantial and the location offers reliable transport connections.

Buyers purchasing a second residential property should be aware of Additional Buyer's Stamp Duty implications. Singapore Citizens acquiring a second residential property incur a 20% ABSD on the purchase price, substantially increasing acquisition costs. This duty applies in addition to the standard Buyer's Stamp Duty and should be factored into investment appraisals and financing decisions. First-time buyers, conversely, benefit from exemption from ABSD, making this development potentially attractive for initial property acquisitions.

The Jurong East Context

Jurong East has matured into one of Singapore's most comprehensive residential and commercial precincts. The planning area benefits from significant infrastructure investment, including established shopping facilities, educational institutions, and healthcare services. The consistent development trajectory of Jurong East has historically supported property values, and the area continues to attract residents across income and lifecycle stages.

The broader Jurong East environment offers amenities and services that enhance residential living standards. This contextual strength supports both the liveability of the development and its investment proposition. Residents and investors can rely on the established, mature character of the area when making long-term residential decisions.

Financing and Affordability

HDB properties within this price range typically qualify for standard financing arrangements, with lending institutions offering competitive terms for established public housing purchases. Buyers should engage with financial advisors to understand their Total Debt Service Ratio (TDSR) headroom and optimal financing structures given their income profiles. The development's mainstream positioning in the HDB market generally supports straightforward financing processes.

Owner-occupiers benefit from the availability of HDB housing loans and the potential for CPF withdrawal, features that support affordability for Singaporean residents. The price range of this development aligns with typical first-time upgrader and middle-tier household budgets, broadening its appeal across buyer demographics. Prospective purchasers are encouraged to conduct thorough financial planning and engage HDB or banking advisors to optimise their purchase strategies.

Summary

216 Jurong East Street 21 offers established HDB residential living in a mature, well-serviced precinct with reliable MRT connectivity. The development appeals to diverse buyer profiles, from first-time homebuyers to upgraders and investors, seeking practical living arrangements within a proven residential environment. With its positioning in Jurong East's established infrastructure landscape and convenient access to the East-West Line, the development represents a sensible option for those prioritising location accessibility and long-term stability in Singapore's western residential market.

Frequently Asked Questions

What rental yield might be achievable for investors purchasing units at 216 Jurong East Street 21?

Estimated rental yields for HDB properties in this Jurong East location typically range between 3% and 4% gross annually, though actual returns depend on unit configuration, floor level, and prevailing market rental demand. Units closer to the MRT and mid to higher floors often command higher rental premiums due to reduced walking distances and improved natural lighting and ventilation. Investors should survey comparable rentals in the Jurong East area to calibrate realistic expectations; the development's established character and proven rental market suggest sustainable demand from professionals and families seeking affordable accommodation near the East-West Line corridor.

How does the per square foot pricing at 216 Jurong East Street 21 compare to recent HDB transactions in Jurong East?

Current pricing at approximately S$580 to S$600 per square foot (based on the S$890,000 entry point and typical unit sizes) positions this development competitively within the Jurong East secondary market. Recent comparable transactions in the immediate vicinity and similar vintage estates suggest the per square foot range is realistic and in line with market expectations for established blocks with MRT proximity. Variation within the project will reflect floor levels, unit types, and specific unit characteristics; higher floor units and those with preferred east-west orientations typically attract per-square-foot premiums relative to lower floor counterparts.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizen second-property buyers at this development?

Singapore Citizens purchasing a second residential property at 216 Jurong East Street 21 must budget for a 20% Additional Buyer's Stamp Duty on the purchase price, applied in addition to the standard Buyer's Stamp Duty. On a S$890,000 purchase, this equates to approximately S$178,000 in ABSD alone, substantially increasing total acquisition costs and financing requirements. Investors and upgraders should incorporate this 20% ABSD into their financial modelling and total cost-of-acquisition calculations; this duty materially affects cash-on-hand requirements and overall investment returns.

Does lease decay pose a significant resale risk for units at 216 Jurong East Street 21?

As an HDB development, units hold 99-year leases from the point of completion, meaning lease tenure decay is a consideration for future resale value over extended holding periods. Currently, leases on this established block are likely in their mid-range tenure (approximately 60 to 80 years remaining, depending on the block's original completion date), which is still considered healthy from a financing and marketability perspective. However, as leases decline below 50 years remaining, refinancing becomes increasingly restrictive and resale values may soften; buyers holding for long periods should monitor lease duration and plan accordingly, potentially considering HDB's lease extension or renewal schemes if available.

How does proximity to Chinese Garden MRT Station (EW25) affect long-term capital appreciation and buyer demand?

Direct MRT accessibility is a proven driver of capital appreciation and sustained buyer demand in Singapore's HDB market; the eight-minute walk to Chinese Garden Station positions 216 Jurong East Street 21 advantageously within the East-West Line corridor. Properties within 10-minute walking radius of major MRT stations consistently demonstrate superior resale demand and price resilience, as transport convenience is a primary consideration for both owner-occupiers and investors. The MRT connection reduces commute times to the CBD, Changi Airport, and eastern employment zones, supporting sustained residential appeal and reducing the risk of neighbourhood obsolescence.

Is 216 Jurong East Street 21 more suitable for owner-occupiers, upgraders, or investment-focused buyers?

The development appeals broadly across all three buyer profiles. First-time upgraders benefit from the established infrastructure, proven neighbourhood stability, and straightforward financing pathways available for HDB purchases; the established character minimises risks associated with developmental uncertainty. Owner-occupiers value the mature estate amenities, reliable transport, and practical unit configurations. Investors appreciate the MRT connectivity, rental demand from professionals, and the secondary market's historical price stability; however, investors should carefully model ABSD impact (20% for second-property Singapore Citizens) and ensure rental income projections justify acquisition costs net of duties and financing.

What TDSR and financing headroom should typical buyers anticipate at the S$890,000 entry price point?

For a S$890,000 purchase with standard HDB financing (approximately 80% LTV), borrowers would finance roughly S$712,000 over a 25-year term, translating to monthly mortgage servicing of approximately S$3,200 to S$3,400 depending on prevailing interest rates. TDSR limits require that total monthly debt service not exceed 60% of gross monthly income, meaning buyers require gross monthly income of approximately S$5,300 to S$5,700 to comfortably service the mortgage alone. Second-property buyers must also account for the 20% ABSD (approximately S$178,000) in cash outflows at purchase, increasing total acquisition cost; first-time buyers avoid ABSD and benefit from improved financing headroom.

How do neighbouring HDB developments in Jurong East compare in terms of pricing and amenities?

Jurong East contains numerous established HDB estates with comparable age and layout, including blocks on Jurong East Street 13, Jurong East Street 31, and surrounding streets. Per-square-foot pricing across these comparable developments typically falls within 5% to 10% of the S$580–S$600 range evident at 216 Jurong East Street 21, reflecting similar vintage, MRT proximity, and estate maturity. Differentiation between developments hinges on specific block locations within the estate (distance to amenities and MRT), floor levels available, and unit type mix; the consistent MRT accessibility across Jurong East means competitive positioning relies heavily on precise location within the precinct and unit-specific attributes rather than neighbourhood-wide variations.

Which floor levels and unit stacks within the block typically offer the best value proposition?

Mid-floor units (floors 7 to 16 in typical HDB blocks) often represent optimal value, balancing lower per-square-foot premiums than high-floor units whilst avoiding ground and lower-floor disadvantages such as reduced privacy and perceived security concerns. Mid-stack units generally command 5% to 8% lower prices than equivalent high-floor counterparts whilst delivering similar lifestyle quality and maintenance costs. Units facing the eastern or northern orientation may offer additional value when sun exposure and ventilation patterns align with buyer preferences; conversely, units facing busy roads may trade at slight discounts, suitable for buyers less sensitive to noise. Investors seeking rental yield should prioritise mid-floor, north-facing units with practical unit types, as these consistently attract steady tenancy.

What future supply pipeline exists in Jurong East that might affect this development's long-term positioning?

Jurong East's planning status as a mature secondary business district and residential precinct suggests limited greenfield development; future supply growth is likely constrained compared to emerging estates in the north or east. Planned transport enhancements, such as potential extensions of the East-West Line or integration with future cross-island transit, could enhance neighbourhood desirability and support property values, though such developments typically unfold over multi-year horizons. The established character of Jurong East means 216 Jurong East Street 21 faces modest pressure from new supply competition; instead, long-term value drivers will relate to maintenance of the MRT link, estate improvement initiatives, and broader HDB market cycles. Buyers should view this development as a stable, mature asset with modest but predictable appreciation prospects rather than a high-growth opportunity.