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[For Sale] Hdb Flat At 211 Jurong East Street 21 — From S$559K

211 Jurong East Street 21

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

[For Sale] Hdb Flat At 211 Jurong East Street 21 — From S$559K

HDB Flat At 211 Jurong East Street 21
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1011 sqft S$559K
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$559K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$112K on this acquisition.
  • Located 14 min (1.13 km) 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.

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211 Jurong East Street 21: A Landmark HDB Development in Jurong East

211 Jurong East Street 21 stands as a prominent residential address within one of Singapore's most dynamic planning areas. Situated in the heart of Jurong East, this established HDB development continues to attract homebuyers, upgraders, and investment-focused purchasers seeking affordable yet well-appointed accommodation in a maturing precinct with comprehensive infrastructure and strong economic fundamentals.

The development benefits from its strategic location within Jurong East, a district that has evolved substantially over recent decades to become a significant employment, retail, and leisure destination. The proximity to Chinese Garden MRT Station—approximately 14 minutes on foot or a short bus journey—provides residents with seamless connectivity to Singapore's wider transport network. This accessibility is a key asset for commuters and contributes positively to both occupancy rates and long-term capital appreciation prospects.

Connectivity and Neighbourhood Character

Jurong East has transformed into a mixed-use precinct combining residential clusters, commercial spaces, and recreational facilities. The district's maturity means established amenities, established primary and secondary schools, healthcare services, and dining and shopping options are readily available. Residents benefit from the neighbourhood's stability and predictability, whilst the ongoing urban renewal and redevelopment projects signal continued investment in the area's future appeal.

The MRT connection via Chinese Garden Station places the development within reach of major employment hubs, educational institutions, and entertainment districts across Singapore. This relative proximity to transport infrastructure is a fundamental consideration for HDB buyers, particularly those commuting to the city centre or other corporate nodes. The walkability and connectivity profile of 211 Jurong East Street 21 consequently underpins its appeal to a diverse buyer demographic.

Unit Configuration and Space Standards

The development offers a range of unit types, accommodating different household compositions and lifestyle requirements. Units span from 2-bedroom configurations through to 3-bedroom and larger options, with built-up areas ranging across 1,000 square feet and above. This variety ensures that both first-time buyers seeking compact, manageable spaces and upgraders requiring more substantial accommodation can find suitable options within the project.

The floor plates at 211 Jurong East Street 21 are typical of HDB developments from its era, with practical layouts designed to maximise usable living space. Kitchens, bathrooms, and common areas are positioned to facilitate efficient domestic routines, whilst bedroom configurations cater to nuclear families and multi-generational households alike. The overall design reflects Housing and Development Board standards for safety, ventilation, and liveability.

Pricing and Investment Perspective

Units at this development are priced competitively relative to comparable HDB stock in central planning areas. Prices generally range from accessible entry points for first-time buyers through to higher-value configurations for upgraders and investors. The per-square-foot valuation reflects the development's maturity, established amenity profile, and transport accessibility, positioning it favourably within the broader HDB resale market.

For investors, the development presents a credible proposition. The Jurong East locale maintains consistent rental demand, supported by the district's employment base, student populations, and transient professional workers. Estimated rental yields vary based on unit type and configuration, though 2% to 3% annual gross yields are typical for HDB stock in well-connected mature estates. Capital appreciation prospects are moderated by lease decay considerations inherent to all HDB flats, yet the development's central location and established character provide structural support for resale values.

Financing and Buyer Suitability

First-time homebuyers can access Central Provident Fund (CPF) grants and concessional HDB financing, substantially reducing the cash outlay required. The Loan-to-Value ratio for HDB purchases typically reaches 80–90%, enabling buyers to leverage borrowing capacity effectively. At the prevailing price points, Total Debt Service Ratio (TDSR) headroom remains manageable for employed buyers with stable incomes, though individual circumstances vary.

Upgraders and investors purchasing 211 Jurong East Street 21 as a second residential property should note Additional Buyer's Stamp Duty (ABSD) implications. Singapore Citizens acquiring a second residential property currently attract a 20% ABSD surcharge on the property price, adding materially to acquisition costs. This consideration is material for investment and upgrading decisions and should be factored into cash flow projections and IRR calculations.

Lease Tenure and Resale Dynamics

As an HDB flat, 211 Jurong East Street 21 operates on a fixed lease tenure model. The lease profile is critical to resale value and financing availability. Flats with longer remaining lease terms typically command stronger resale values and attract more accessible financing from banks and HDB. Conversely, as lease decay progresses beyond the 60-year mark, resale velocity may slow and valuation upside may compress. Prospective buyers should verify the exact lease remaining on their chosen unit and factor this into their long-term ownership and exit strategy.

Comparative Market Position

Within the broader HDB landscape, 211 Jurong East Street 21 competes against other mature estates in Jurong East and nearby districts such as Clementi and Bukit Batok. Comparative valuations hinge on lease tenure, proximity to MRT, age and condition of the block, and available amenities. The development's central positioning within Jurong East and established character generally support competitive resale and rental dynamics relative to peripheral or older alternatives.

Future Precinct Development

Jurong East continues to benefit from government planning initiatives aimed at enhancing the district's economic vibrancy and residential appeal. Ongoing commercial development, mixed-use projects, and public transport enhancements are likely to sustain demand for residential accommodation in the area. Residents and investors at 211 Jurong East Street 21 therefore stand to benefit from continued district-level investment and urban renewal momentum.

In summary, 211 Jurong East Street 21 represents an established, mature HDB development offering practical, competitively-priced accommodation in a well-connected, amenity-rich precinct. Its appeal spans first-time buyers, upgraders, and investors, each able to leverage the development's location, transport connectivity, and established neighbourhood character to build or grow their residential portfolio.

Frequently Asked Questions

What is the estimated gross rental yield for units at 211 Jurong East Street 21 if purchased as an investment property?

Gross rental yields for HDB flats at 211 Jurong East Street 21 typically range between 2% and 3% per annum, depending on unit type, size, and current market rental rates. This calculation assumes a 2-bedroom or 3-bedroom unit renting for S$1,200–S$1,600 per month across a purchase price range of S$500,000–S$600,000. The yield will vary based on the precise unit configuration, remaining lease tenure, and prevailing rental demand for the Jurong East district. Investors should note that HDB rental yields have compressed over recent years due to rising property prices; accordingly, prospective purchasers must stress-test their cash flow projections against downside rental scenarios and factor in Additional Buyer's Stamp Duty (ABSD), maintenance costs, and potential lease decay impact on long-term capital appreciation.

How does the price per square foot at 211 Jurong East Street 21 compare to recent HDB resale transactions in Jurong East?

Recent HDB resale transactions in Jurong East have typically traded at S$500–S$580 per square foot for mature 3-bedroom flats with sound lease tenure remaining. Units at 211 Jurong East Street 21, priced around S$558,888 for approximately 1,011 square feet, equate to roughly S$552 per square foot, positioning the development competitively within the local market. This valuation reflects the development's maturity, established amenity profile, and transport accessibility to Chinese Garden MRT Station. However, price per square foot fluctuates based on lease remaining, floor level, block condition, and overall market sentiment towards the HDB resale sector; buyers are advised to benchmark against a broad sample of recent comparable sales rather than relying on any single transaction.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase 211 Jurong East Street 21 as my second residential property?

If you are a Singapore Citizen purchasing 211 Jurong East Street 21 as your second residential property, you are subject to Additional Buyer's Stamp Duty at the current rate of 20% of the property purchase price. For a unit priced at S$558,888, this equates to approximately S$111,778 in ABSD payable at the point of legal completion. This is a material cost that must be factored into your total acquisition expenses alongside legal fees, survey costs, and inspection charges. ABSD effectively increases your cash outlay and reduces the capital available for other investments or purposes; it also impacts the investment returns calculation, as the higher entry cost must be recovered through rental income or capital appreciation over your holding period. Some buyer categories, such as first-time buyers, are exempt from ABSD; conversely, second and subsequent residential property purchasers bear the full 20% rate.

What is the lease decay risk at 211 Jurong East Street 21, and how might it impact long-term resale value?

As an HDB flat, 211 Jurong East Street 21 is subject to a fixed lease tenure—typically 99 years from the date of original construction. The critical risk threshold is lease decay beyond 60 years remaining, at which point banks become more restrictive with mortgage lending, and buyer appetite typically softens. Once lease tenure falls below 30 years, resale value and financing availability deteriorate materially; many buyers avoid such properties due to the shrinking investment horizon and eventual lease expiry. Prospective purchasers should verify the exact lease remaining on their chosen unit and project forward to estimate the lease profile at the point of intended resale. This lease risk is inherent to all HDB stock and should be explicitly considered in upgrading and investment decisions; a unit with 60+ years remaining offers substantially more flexibility and resale optionality than one approaching the 50-year threshold.

How does proximity to Chinese Garden MRT Station affect demand and capital appreciation for units at this development?

Proximity to a major MRT station is a primary driver of HDB demand and capital appreciation. Chinese Garden MRT Station, approximately 14 minutes' walk or a short bus ride from 211 Jurong East Street 21, provides direct transport connections to the city centre, major employment hubs, and leisure precincts across Singapore. This accessibility is particularly valuable for commuters and makes the development appealing to a wide buyer demographic, supporting both resale velocity and rental demand. Properties within easy reach of MRT stations typically command valuation premiums relative to less-connected alternatives, and this premium is reinforced by ongoing transport demand and government investment in the rail network. The MRT connection bolsters long-term capital appreciation prospects, as public transport proximity remains a durable amenity that is unlikely to diminish in value. However, while the MRT connection supports demand, capital appreciation is ultimately capped by lease decay and broader HDB market dynamics; buyers should not assume that MRT proximity alone will drive returns equivalent to freehold or long-lease developments.

Is 211 Jurong East Street 21 suitable for different buyer profiles—first-timers, upgraders, HNW investors, and owner-occupiers?

Yes, the development caters to a broad spectrum of buyer profiles. First-time buyers benefit from HDB concessional financing, CPF grants, and exemption from ABSD, making this development an accessible entry point into homeownership; the multiple unit configurations and competitive pricing at 211 Jurong East Street 21 support first-timer acquisition. Upgraders moving from a smaller HDB or relocating within Singapore can leverage their existing home equity and CPF balance to finance a larger or better-located unit; the mature, well-connected profile of this development appeals to upgraders seeking stability and low-maintenance living. Property investors seeking yield-generating rental stock can achieve 2–3% gross yields with reasonable rental demand in Jurong East, though they must navigate ABSD costs and factor lease decay into return projections. High-net-worth individuals may view HDB stock as a lower-priority asset class, preferring freehold condominiums or private residential developments; however, some HNW purchasers do acquire HDB units as pure investments or as backup residences in convenient locations. Owner-occupiers of all profiles appreciate the practical, affordably-priced accommodation and established neighbourhood amenities.

What are the TDSR and financing headroom implications at typical price points for 211 Jurong East Street 21?

The Total Debt Service Ratio (TDSR) framework caps individual household debt servicing at 60% of gross monthly income. At a typical purchase price of S$558,888 with an 80% loan-to-value ratio (S$447,110 financed), monthly mortgage repayments over a 25-year term approximate S$2,100–S$2,200, depending on prevailing interest rates. For TDSR compliance, a purchaser requires gross monthly income of approximately S$3,500–S$3,700, meaning household income must reach S$42,000–S$44,400 per annum. This headroom is achievable for many employed Singaporeans, especially dual-income households, though individuals with existing debt obligations (car loans, credit card balances, personal loans) will have reduced available TDSR headroom. First-time HDB buyers typically benefit from more favourable HDB loan terms compared to bank financing, and can leverage CPF ordinary account balances to reduce cash down-payment and subsequent loan quantum. Prospective purchasers should stress-test financing scenarios against potential interest rate increases and verify their TDSR eligibility prior to formal offer, as financing constraints may limit the pool of qualified buyers and ultimately affect resale prospects.

How does 211 Jurong East Street 21 compare in terms of value and features to nearby competing HDB developments?

211 Jurong East Street 21 competes directly with other mature HDB blocks in Jurong East and neighbouring precincts such as Clementi and Bukit Batok. Comparable developments in Jurong East include blocks within the same estate or immediately adjacent, typically offering similar unit configurations, lease profiles, and MRT accessibility. Price comparisons hinge on exact lease remaining, floor level, block condition, and view orientation; units with identical bedroom counts and floor areas can vary by S$20,000–S$50,000 based on these micro-location factors. Clementi HDB stock, located further from the city centre, generally trades at a modest discount to Jurong East equivalents, whilst Bukit Batok units may command lower valuations owing to greater distance from major MRT interchanges. Jurong East's status as a commercial and employment node supports relatively stronger resale and rental demand compared to more peripheral estates, justifying the higher price points at 211 Jurong East Street 21. Detailed comparables analysis—examining at least 10–15 recent resales across multiple blocks and floor levels—is essential to validate fair market value and identify relative bargains or overpriced listings.

Are certain unit stacks or floor levels at 211 Jurong East Street 21 better value than others?

Floor level and unit position materially affect HDB pricing and buyer preference. Low-floor units (levels 1–5) typically trade at discounts to mid-floor equivalents, reflecting concerns around privacy, noise, and natural light; however, they offer superior accessibility for elderly occupants and reduce stairwell or lift dependency. Mid-floor units (levels 6–20) command valuation premiums and experience strongest buyer demand, as they balance privacy, natural light, ventilation, and accessibility. High-floor units (levels 21+, where applicable) appeal to buyers prioritising views and natural light but may attract marginal premiums due to reduced demand from families with young children and elderly relatives concerned about fall risk. Corner units and those with unobstructed views typically command 5–10% premiums relative to equivalent units in central positions on the same block. Buyers seeking best value relative to the prevailing market should examine lower-floor or less-premium corner positions, where pricing is suppressed but liveability remains strong. However, value is ultimately subjective; buyers should inspect candidate units physically and factor their personal preferences for light, views, and accessibility into the decision-making calculus rather than assuming higher-floor units universally represent better value.

What is the future supply pipeline in the Jurong East district, and how might it affect long-term demand for 211 Jurong East Street 21?

Jurong East is designated as a Key Economic Zone by the Urban Redevelopment Authority, positioning it for continued commercial, mixed-use, and infrastructure investment over the coming decade. Planned enhancements include new transport connections, redevelopment of ageing commercial and industrial parcels into mixed-use precincts, and potential future metro line extensions. These precinct-level improvements are expected to reinforce Jurong East's status as a vibrant employment and leisure destination, sustaining residential demand. However, the HDB supply pipeline in Jurong East is relatively limited, as most available land has been developed; future housing supply in the broader West precinct will likely concentrate on greenfield sites in newer planning areas such as Tengah and Jurong Lake District. This constrained supply of mature HDB stock, combined with ongoing demand from upgraders and investors, should provide structural support for resale values and rental demand at established developments like 211 Jurong East Street 21. Conversely, new Build-to-Order (BTO) HDB projects in nearby areas may attract first-time buyers, potentially moderating demand for older resale stock; buyers should monitor HDB supply announcements and assess how fresh supply pipelines might influence medium-term resale dynamics and rental yield expectations.