Type

Units

Min Area

Price Range

3 BR

1593 sqft

S$919K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$919K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$184K 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.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

216 Jurong East Street 21: A Mature HDB Development in Jurong East

216 Jurong East Street 21 stands as an established Housing and Development Board (HDB) flat development located in the heart of Jurong East, one of Singapore's most dynamic and mature residential precincts. This development offers a range of unit configurations, providing options for families, professionals, and investors seeking a balance between affordability and convenient urban living. The development benefits from its position within Jurong East, a district characterised by robust infrastructure, commercial vibrancy, and a well-established community fabric.

Situated approximately 700 metres from Chinese Garden MRT Station on the East-West Line (EW25), the development enjoys excellent public transport connectivity. This proximity translates into a manageable 8-minute walk for residents commuting to the station, positioning the address within the highly desirable MRT catchment zone that typically commands stronger rental yields and capital appreciation potential. The East-West Line provides direct connectivity to central business districts and key employment hubs, enhancing the development's appeal to working professionals and long-term residents alike.

Strategic Location and Transportation Network

The Jurong East neighbourhood has evolved over several decades into one of Singapore's most self-contained and vibrant zones. Beyond the nearby MRT station, residents benefit from comprehensive bus services that fan across the district, offering multiple transport options for daily commutes and leisure activities. This multi-modal transport infrastructure significantly reduces car dependency and appeals strongly to environmentally conscious buyers and renters who value convenience and flexibility in their daily routines.

The area's proximity to Jurong Point shopping mall—a major retail and entertainment destination—elevates the lifestyle quotient for residents at 216 Jurong East Street 21. Supermarkets, dining establishments, cinemas, and recreational facilities are all within walking distance or a short bus ride, creating an all-in-one living environment that minimises the need to travel far from home for daily essentials or weekend entertainment. This concentration of amenities has historically supported strong rental demand, particularly from expatriates and young professionals seeking convenience without premium private residential pricing.

Unit Configuration and Market Positioning

The development comprises flats of varying sizes, accommodating different household compositions and budgetary requirements. Whether buyers are seeking a compact unit for first-time ownership or a larger configuration for growing families, the range of options available across the development ensures broad market appeal. Pricing within the development reflects current HDB valuations in the Jurong East precinct, positioning units as an accessible entry or upgrade opportunity for Singapore's property market.

HDB flats at 216 Jurong East Street 21 serve multiple buyer profiles effectively. First-time buyers appreciate the established neighbourhood character, proven capital growth trajectory, and relatively moderate entry prices compared to nearby private residential developments. Upgraders moving from smaller units find the range of unit types allows them to transition comfortably to larger living spaces within a familiar and convenient locality. Investors recognise the development's rental potential, given the consistent demand from expatriate populations, young professionals, and families attracted to the Jurong East lifestyle and accessibility profile.

Investment and Rental Considerations

From an investment perspective, HDB flats at this location have historically demonstrated steady appreciation over medium to long-term holding periods. The combination of mature neighbourhood status, established amenities, and reliable MRT connectivity creates a resilient foundation for capital value. Rental yields within the Jurong East district remain competitive, with demand consistently supported by the area's commercial growth, business parks, and the steady flow of expatriates seeking convenient, well-serviced accommodation near their workplaces.

Prospective buyers should note that HDB flats operate under distinct regulations compared to private residential properties. The Seller's Stamp Duty (SSD) framework applies if units are sold within certain holding periods, and Additional Buyer's Stamp Duty (ABSD) becomes relevant for second-property purchases by Singapore Citizens—currently levied at 20% of the property's purchase price. First-time buyers purchasing their first property are exempt from ABSD, making this development an efficient entry point into homeownership. Upgraders purchasing a second residential property should factor the 20% ABSD cost into their financial planning when comparing this development to other options in the district.

Financing and Affordability

HDB flat purchases benefit from favourable financing terms through HDB's own housing loan schemes as well as bank mortgages. With unit prices ranging from modest figures upwards, Total Debt Servicing Ratio (TDSR) considerations remain manageable for most working households, particularly those with dual incomes or established professional profiles. The mature status of the development and the stability of Jurong East as a residential locale position these properties favourably within lenders' assessment criteria, typically resulting in smooth mortgage approvals and competitive interest rate offerings.

First-time buyers, in particular, benefit from the Central Provident Fund (CPF) withdrawal policies that allow use of both ordinary and special account savings for HDB purchase, effectively reducing out-of-pocket cash requirements. The development's price point generally sits within comfortable CPF withdrawal thresholds, making it accessible to working Singaporeans who have contributed to their retirement accounts over several years of employment.

Competitive Positioning Within Jurong East

The broader Jurong East precinct contains several other HDB developments of varying ages and configurations. 216 Jurong East Street 21's positioning within this competitive landscape depends partly on unit age, recent renovations, and specific floor/stack configurations. Newer or more recently refurbished units within this development may command a small premium over comparable units in older neighbouring developments, whilst lower floors or less desirable stack positions may offer value opportunities for price-conscious buyers. The mature status of the neighbourhood means that price per square foot in this area remains stable relative to prime central locations, offering genuine value for those prioritising convenience and established community infrastructure over premium newness or prestige branding.

Future Outlook and District Development

Jurong East continues to attract government investment and private sector development initiatives, positioning the district for sustained vibrancy and capital value resilience. While HDB flats do experience lease decay over time—a consideration for properties held beyond 80 years—units at 216 Jurong East Street 21 remain in their earlier lease stages, presenting minimal lease erosion risk for buyers with 20 to 30-year investment horizons. The continued emphasis on mixed-use development, commercial expansion, and infrastructure enhancement in the Jurong corridor suggests sustained demand for residential units in well-located, MRT-proximate developments like this one.

For buyers seeking a balanced combination of affordability, convenience, investment potential, and community maturity, 216 Jurong East Street 21 represents a credible option within Singapore's HDB housing market. The established neighbourhood character, reliable transport connectivity, and comprehensive local amenities create a compelling case for both owner-occupiers and investors.

Frequently Asked Questions

What rental yield might an investor expect from purchasing an HDB flat at 216 Jurong East Street 21?

HDB flats in established, MRT-proximate locations like Jurong East typically generate gross rental yields between 2.5% and 3.5% annually, depending on unit size, condition, and specific floor positioning within the development. A unit purchased at prevailing market rates and rented to working professionals or expatriate families would likely achieve the higher end of this range, given consistent demand from renters seeking convenient, well-serviced accommodation near the East-West Line and commercial hubs in the precinct. Rental income stability in Jurong East remains robust historically, as the district's established reputation, multiple transport modes, and diverse amenities continue to attract tenants across multiple income levels and expatriate backgrounds.

How does the price per square foot at 216 Jurong East Street 21 compare to recent HDB transaction prices in Jurong East?

Jurong East HDB flats have maintained relatively stable price-per-square-foot valuations in the recent transaction market, with prices broadly reflecting the maturity and established nature of the district. Units at 216 Jurong East Street 21 sit within the typical Jurong East range; newer or higher-floor units may command incremental premiums, whilst lower floors or units requiring cosmetic refreshing may trade at modest discounts to the prevailing district average. Comparison to recent transactions in neighbouring developments on Jurong East Street or adjacent roads provides the most relevant benchmark, as micro-location factors—such as proximity to specific MRT entrances, shopping facilities, or hawker centres—can create variation within the broader Jurong East pricing band.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing a second property at this development?

A Singapore Citizen acquiring a second residential property, including an HDB flat at 216 Jurong East Street 21, is liable for Additional Buyer's Stamp Duty at the current rate of 20% of the purchase price. For a unit valued at S$918,888, this would represent a significant additional cost of approximately S$183,778 on top of the purchase price and other transaction costs such as legal fees and survey charges. This 20% ABSD rate makes strategic purchase timing and thorough financial planning essential for second-property buyers; some buyers choose to sell their first property prior to purchasing a second to reset their residential property count and avoid ABSD. Consulting a financial adviser or tax professional is advisable to evaluate whether holding or upgrading strategies best suit individual circumstances when ABSD liability is involved.

Does lease decay present a resale value risk for HDB flats at 216 Jurong East Street 21?

HDB flats are issued with lease tenures of either 99 years or 999 years from the date of completion. Units at 216 Jurong East Street 21, as an established development, carry a standard 99-year lease, meaning the lease commenced when the development was first completed. For recent purchasers, this presents minimal practical concern for 20 to 30-year ownership horizons; however, as the lease approaches its final decades, resale value can experience acceleration of decline beyond normal depreciation. Buyers should verify the exact lease commencement date of any specific unit they are considering, calculate the lease remaining at the time of purchase, and factor in that units with fewer than 60 years remaining on the lease may face financing challenges and restricted buyer pools, potentially impacting future liquidity and exit options.

How does proximity to Chinese Garden MRT Station (EW25) affect demand and capital appreciation at this development?

MRT-proximate developments in Singapore historically command stronger rental demand and more resilient capital appreciation than developments requiring longer walks to stations or relying on bus connectivity alone. The 8-minute walk to Chinese Garden MRT Station places 216 Jurong East Street 21 firmly within the desirable catchment zone; this accessibility is particularly valuable for working professionals, upgraders, and younger families who prioritise commute efficiency and reduced transport costs. Capital appreciation over medium to long-term holding periods tends to track broader Singapore economic cycles, but MRT proximity provides a structural demand advantage, meaning units at this development typically recover value more quickly following market downturns and maintain stronger appeal during property cooling cycles compared to non-MRT-proximate alternatives.

Which buyer profiles are best suited to properties at 216 Jurong East Street 21?

First-time buyers seeking an affordable entry into homeownership find this development attractive because of favourable HDB financing schemes, CPF withdrawal eligibility, ABSD exemption for first purchases, and the mature, established neighbourhood character that reduces renovation risk. Upgraders moving from smaller HDB units appreciate the range of available configurations, the retention of HDB loan advantages and lower transaction costs compared to upgrading to private residential property, and the convenience of staying within a familiar, well-serviced precinct. Investors recognise the rental demand profile supported by Jurong East's employment clusters, expatriate population, and MRT connectivity, making the development suitable for medium-term yield-focused strategies. Young professionals and expatriates renting in the area similarly benefit from the comprehensive amenities, transport convenience, and affordability compared to private residential alternatives in similar locations.

What are the TDSR and financing headroom considerations for typical buyers at this development?

Total Debt Servicing Ratio (TDSR) limits restrict borrowers to a maximum of 55% of gross monthly income for debt servicing across all loans. For a property valued around S$918,888 financed at typical LTV (Loan-to-Value) ratios of 80% to 90%, monthly mortgage payments of approximately S$3,000 to S$4,000 would require gross household income of roughly S$65,000 to S$85,000 annually to comfortably clear TDSR thresholds. Dual-income households, professionals with stable employment, and CPF contributors with substantial savings typically meet these criteria with headroom to spare, making financing relatively straightforward for target buyer segments. HDB's own housing loan schemes often offer slightly better terms than bank mortgages for eligible borrowers, providing additional flexibility and potentially lower monthly commitments compared to private property equivalents.

How does 216 Jurong East Street 21 compare to nearby competing HDB developments in Jurong East?

The broader Jurong East HDB landscape includes developments of varying ages and configurations scattered across Jurong East Street, Boon Lay Way, and adjacent roads; comparison to immediate neighbours on Jurong East Street is most relevant for pricing and positioning. Newer developments in the district may command premiums for contemporary design and amenities, whilst 216 Jurong East Street 21's established status may offer value and proven community character. Specific unit age, maintenance condition, floor height, stack configuration, and proximity to exact amenities (hawker centres, green spaces, retail nodes) create variation in perceived value even within the same street. Buyers should conduct comparative inspections and recent transaction analysis of comparable units in competing developments to establish confident pricing and positioning relative to broader market sentiment in the Jurong East HDB segment.

Which floor levels or stack positions offer the best value within this development?

Lower floors (typically 1st to 3rd storeys) in HDB developments historically trade at discounts of 2% to 5% relative to mid-range floors, primarily due to reduced views, potential noise from street-level activity, and perceived privacy concerns despite these units being equally structurally sound and functionally identical to higher units. Mid-range floors (4th to 20th storeys, depending on development height) typically command the strongest pricing, offering a balance of light, views, privacy, and accessibility without lift fatigue or premium pricing for premium views. Very high floors may attract premium pricing from specific buyer segments seeking unobstructed views or perceived prestige, but this premium frequently exceeds the practical or rental value increment such units generate. Value-focused buyers seeking strong capital appreciation potential often find mid-range floor positions offer the most balanced risk-reward profile, combining acceptable market appeal with pricing that avoids unnecessary premium layers.

What future supply and district development pipeline factors might affect 216 Jurong East Street 21's long-term value?

Jurong East has been designated as a regional centre within Singapore's urban planning framework, attracting sustained government investment in transport, commercial, and mixed-use development initiatives. The upcoming Jurong Region Line (JRL), a new MRT line expected to further enhance connectivity and inject additional development momentum into the district, is anticipated to strengthen long-term demand for residential units in well-located developments like 216 Jurong East Street 21. Whilst new HDB or private residential supply additions within the immediate precinct may exert price moderation pressure in the near term, the district's structural role as a commercial and residential hub suggests sustained underlying demand that should support capital value resilience over 10 to 20-year horizons. Buyers should monitor government land-use announcements and MRT expansion timelines, as such developments typically trigger revaluation upward for properties positioned to benefit from improved connectivity, though this may take several years to materialise measurably in transaction prices.

Hdb Flat At 216 Jurong East Street 21 — From S$919K