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Hdb Flat At Jurong West Street 65 — From S$1,200

663C Jurong West Street 65

2 units listed 2 for rent
5 people are looking at this property right now
HDB

Hdb Flat At Jurong West Street 65 — From S$1,200

HDB Flat at Jurong West Street 65
2 Units To Rent
For Rent
Type Units Min Area Price Range
Other 2 150 sqft S$1,200/mo
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Property Highlights
  • HDB development with 2 units currently available.
  • Prices currently start from S$1,200.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
  • Located 5 min (420 m) from EW27 Boon Lay 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

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663C Jurong West Street 65: Accessible HDB Living Near Boon Lay MRT

663C Jurong West Street 65 represents a pragmatic residential choice in one of Singapore's most established and well-serviced neighbourhoods. Located in the heart of Jurong West, this HDB development sits within easy reach of the East-West Line, with Boon Lay MRT Station (EW27) positioned just 420 metres away—a comfortable five-minute walk. The proximity to rapid transit makes this location particularly attractive for commuters heading towards the city centre, Changi Business Park, or other key employment nodes across the island.

The Jurong West corridor has evolved significantly over the past two decades, transforming from a purely industrial zone into a mixed-use district combining residential, commercial, and logistics activity. The presence of Jurong Point, one of Singapore's largest shopping centres, within the immediate vicinity ensures that residents enjoy convenient access to retail, dining, entertainment, and professional services. Beyond Jurong Point, the neighbourhood benefits from multiple neighbourhood shopping centres, hawker markets, and community facilities that cater to daily living needs without requiring travel to distant districts.

Compact Unit Offerings and Rental Dynamics

Units at 663C Jurong West Street 65 cater to a specific market segment seeking efficient, smaller floorplate accommodation. The modest unit sizes appeal strongly to downsizers transitioning from larger homes, young professionals building their first rental portfolio, and international assignees requiring temporary fixed-term housing. In the current rental market, such compact configurations command steady demand, particularly from transient workers and students, with monthly rental rates positioning this development competitively within the broader Jurong West rental landscape.

The rental yield profile for investor-buyers at this address reflects the combination of strong tenant demand, stable cash flow expectations, and the underlying security of HDB tenure. Properties in this size range typically achieve gross rental yields ranging from 4% to 5.5% annually when assessed across a full portfolio, depending on prevailing market conditions and the specific unit's orientation and floor level. Investors purchasing units here should anticipate steady, predictable tenant demand underpinned by the neighbourhood's large working population and the accessibility afforded by Boon Lay MRT.

Transportation and Connectivity

The East-West Line represents a critical artery in Singapore's transport network, connecting Jurong West directly to the CBD, Marina Bay, and eastern employment zones. Boon Lay Station itself functions as a major interchange serving multiple bus trunk routes, supplementing the MRT with frequent and comprehensive bus connectivity across western Singapore. This dual-mode accessibility significantly enhances the appeal of 663C Jurong West Street 65 for both owner-occupiers and tenants dependent on public transport. Capital appreciation in HDB units near major MRT nodes has historically outpaced properties in less accessible locations, as transport connectivity directly influences rental demand and resale buyer interest.

The strategic positioning near Boon Lay also facilitates access to Jurong Lake District, a major economic and lifestyle hub undergoing substantial redevelopment. As this district matures and attracts new employers, educational institutions, and recreational facilities, the HDB neighbourhoods surrounding it—including Jurong West—are likely to benefit from increased visitor traffic and residential demand. This long-term urban renewal trajectory supports the investment case for properties positioned at the gateway to such growth zones.

Neighbourhood Amenities and Lifestyle

Jurong West has consolidated itself as a comprehensive residential district rather than a purely dormitory neighbourhood. The area supports multiple primary and secondary schools, polyclinics, family medical clinics, and elderly care facilities, reflecting the presence of a multi-generational residential base. For families with children, the school-age amenity network is particularly well-developed, with several neighbourhood schools within walking distance or a short bus ride. The presence of hawker centres throughout the precinct ensures authentic, affordable dining options reflecting the multicultural character of Singapore.

Open spaces and recreational facilities form part of the district's residential appeal. Jurong Lake Park, one of Singapore's largest lakeside parks, is accessible via connecting bus routes and provides jogging paths, water sports facilities, and family gathering spaces. Smaller neighbourhood parks and fitness corners dot the residential areas, supporting active lifestyles without requiring travel to distant recreational zones. These quality-of-life factors, combined with the affordability relative to central districts, maintain Jurong West's attraction for middle-income families and young professionals.

Financing and Investment Considerations

Properties at 663C Jurong West Street 65 fall within the HDB financing ecosystem, where buyers utilising housing loans from approved financial institutions can access the full suite of government housing grant schemes available to first-time purchasers. The pricing structure at this development positions individual units within a range accessible to most qualifying buyers without excessive debt servicing, though prospective purchasers should conduct full Total Debt Servicing Ratio (TDSR) assessments with their lenders to confirm financing headroom. Banks typically maintain healthy appetite for HDB loans in established neighbourhoods with strong tenant demand and stable valuations.

Second-property investors purchasing at this development should factor in the Additional Buyer's Stamp Duty (ABSD) framework applicable to Singapore Citizens acquiring a second residential property. The current ABSD rate stands at 20% on the purchase price, materially affecting the effective acquisition cost and internal rate of return calculations. Investors should model ABSD alongside agent commissions, legal fees, and property tax to establish accurate cash-on-cash return expectations. Despite the ABSD impost, the yield profile and tenant accessibility at this location continue to attract investor interest in the HDB segment.

Market Positioning and Long-Term Outlook

The HDB resale market in Jurong West has demonstrated resilience across market cycles, supported by the district's fundamental utility as a residential location and the constrained supply of comparable alternatives. While newer private residential options have emerged in adjacent areas, the price differential between HDB and private housing ensures that Jurong West maintains distinct buyer segments and resale demand. The government's ongoing focus on upgrading ageing HDB estates—including precinct beautification, lift replacement programmes, and green space enhancements—supports property maintenance and curb appeal.

Properties positioned near major MRT stations typically experience earlier and more pronounced capital appreciation than those in less accessible locations, particularly during economic recovery phases. Boon Lay's status as a major interchange with multiple transport options positions 663C Jurong West Street 65 advantageously within the Jurong West rental and resale markets. Prospective buyers and investors should view this development within the context of long-term value stability, steady rental income generation, and accessibility benefits rather than speculative short-term appreciation.

Frequently Asked Questions

What rental yield can property investors expect from units at 663C Jurong West Street 65?

Investors purchasing HDB units at 663C Jurong West Street 65 should anticipate gross rental yields in the region of 4% to 5.5% annually, calculated on a typical portfolio basis rather than individual unit performance. The yield trajectory depends substantially on unit size, floor level, and orientation—corner units and higher floors generally command marginally stronger rental rates due to natural light and ventilation advantages. Jurong West's proximity to both Boon Lay MRT and the industrial zones of Jurong East ensures consistent tenant demand from working professionals and transient migrants, providing stable cash flow throughout economic cycles. Investors should model their actual financing costs, ABSD, and maintenance contributions to establish true net yield expectations beyond the headline gross figure.

How does the per-square-foot pricing at 663C Jurong West Street 65 compare to recent HDB transactions in the neighbourhood?

HDB pricing in Jurong West reflects a combination of unit size, floor height, orientation, and proximity to key amenities and MRT access. Recent transactions across comparable compact HDB units in the Jurong West corridor have established price benchmarks that remain broadly aligned with the broader western Singapore HDB market, though exact per-square-foot comparisons require analysis of specific unit configurations and their position relative to Boon Lay Station. Units at 663C Jurong West Street 65 benefit from the development's direct MRT accessibility, which typically commands a modest premium relative to HDB blocks situated further from transport nodes. Prospective buyers and investors should request comparable sales data from the Housing and Development Board's transaction records to contextualise pricing within recent neighbourhood activity.

What are the ABSD implications for Singapore Citizens purchasing a second property at 663C Jurong West Street 65?

Singapore Citizens acquiring a second residential property, including HDB units at 663C Jurong West Street 65, are liable for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% applied to the purchase price. For a property acquired at typical price points within this development, ABSD represents a substantial acquisition cost that materially affects the effective purchase price and ongoing return on investment calculations. This duty is payable to the Inland Revenue Authority of Singapore alongside standard Buyer's Stamp Duty and other conveyancing charges, and must be factored into the total cash requirement before exchange of contracts. Investors should consult with their legal advisors and financial institutions to structure acquisitions appropriately and understand the full cost of entry before committing to purchase.

Are there lease decay or resale value concerns for HDB units at 663C Jurong West Street 65?

The lease tenure structure of HDB properties at 663C Jurong West Street 65 operates under the standard 99-year leasehold model common across the entire HDB portfolio, which means units will experience gradual lease decay over time as the remaining lease term reduces. Historically, HDB properties begin to show measurable resale value impact when the remaining lease tenure falls below 70 years, with the rate of depreciation accelerating substantially as units approach the 60-year threshold. For properties at 663C Jurong West Street 65 currently offered on the market, lease decay risk remains a longer-term consideration rather than an immediate concern, though forward-thinking investors should incorporate lease maturity timelines into their holding period assumptions. The government's en bloc upgrading and lease renewal programmes provide potential mechanisms for lease extension or estate regeneration, though such initiatives are announced on a case-by-case basis and cannot be assumed as certain outcomes.

How does proximity to Boon Lay MRT Station (EW27) influence long-term demand and capital appreciation for this development?

Boon Lay MRT Station's position as a major interchange on the East-West Line, combined with its connection to multiple bus trunk routes, creates a significant accessibility advantage for 663C Jurong West Street 65 that directly translates to tenant demand and resale buyer interest. Properties within 400–500 metres of major MRT stations historically demonstrate stronger capital appreciation trajectories during economic recovery phases, as transport accessibility is a primary driver of residential demand and rental rates. The station serves major employment zones across the CBD, Marina Bay, and eastern Singapore, meaning tenants using Boon Lay benefit from direct, efficient access to key job markets without requiring multi-leg journeys. Over the medium to long term, this accessibility positioning supports both rental yield stability and the potential for measured capital appreciation, making 663C Jurong West Street 65 an attractive proposition for investors prioritising accessibility and cash flow over speculative appreciation.

Which buyer profiles—HNW, upgraders, first-timers, or investors—are best suited to 663C Jurong West Street 65?

663C Jurong West Street 65 caters most naturally to several distinct buyer segments rather than a single profile. First-time homebuyers with access to Housing Development Board grants and looking to enter the property market find the combination of affordability and MRT accessibility particularly compelling, especially if they work in the CBD or eastern zones requiring Boon Lay's transport links. Downsizers transitioning from larger three-bedroom configurations find the compact, efficient unit designs suitable for reduced household occupancy, particularly if they value proximity to shopping, healthcare, and community facilities. Property investors view this development as a reliable, lower-volatility income-generating asset with predictable tenant demand underpinned by strong worker population density in adjacent zones. High-net-worth individuals typically look toward private residential alternatives in more central districts, though some sophisticated investors with diversified portfolios may view Jurong West HDB as a stabilising, yield-generating component of broader property holdings.

What TDSR considerations and financing headroom should buyers anticipate at typical price points for 663C Jurong West Street 65?

Total Debt Servicing Ratio (TDSR) requirements from Singapore's banking system typically allow qualified HDB buyers to service debt obligations up to 55% of gross monthly income, though individual lenders may apply more conservative caps. At the typical price points observed within 663C Jurong West Street 65, approved applicants utilising standard HDB housing loans can generally access financing at 80% to 90% of the property value, with mortgage tenures extending up to 30 years depending on the borrower's age and repayment capacity. First-time buyers should conduct formal loan eligibility assessments with their chosen financial institution before submitting offers, as TDSR thresholds and existing debt obligations directly affect approved loan quantum and monthly repayment commitments. Investors purchasing second properties face slightly more restrictive loan-to-value ratios and should maintain adequate cash reserves to service both existing mortgages and new acquisition costs, including the 20% ABSD liability.

How does 663C Jurong West Street 65 compete with nearby HDB developments and what distinguishes it?

663C Jurong West Street 65 occupies a distinct position within the broader Jurong West HDB estate landscape by virtue of its direct adjacency to Boon Lay MRT Station and the associated transport accessibility advantages. Neighbouring HDB blocks positioned further from major transit nodes typically command lower rental rates and may experience softer resale demand, whereas blocks within the 400–500 metre catchment of the MRT station maintain stronger tenant interest and more stable pricing trajectories. The development's proximity to Jurong Point shopping centre, neighbourhood hawker facilities, and the industrial employment corridors supporting Jurong East and Jurong Port provides practical amenity advantages that reinforce its residential appeal. Competing developments in adjacent Jurong East postcodes may offer newer, larger unit configurations, but typically command price premiums that offset the accessibility benefits and affordability proposition of 663C Jurong West Street 65.

Are there specific unit stacks or floor levels at 663C Jurong West Street 65 that offer superior value or investment returns?

Within HDB developments, unit positioning materially affects rental rates and resale appeal, with higher floors typically commanding rental premiums of 3–7% relative to lower-floor equivalents due to enhanced natural light, reduced noise intrusion, and perceptions of greater security and privacy. Corner units and those with optimised solar orientation (north or east-facing) benefit from superior natural ventilation and daylighting, translating to stronger tenant demand and rental rates among the overall portfolio. Mid-range floor levels (floors 4–20) generally represent optimal value propositions, balancing the premium associated with higher floors against the practical access advantages and maintenance convenience of units not requiring extremely long lift wait times. Ground-floor and first-floor units, while offering convenience, may experience marginally reduced rental appeal due to perceived privacy and noise considerations. Prospective investors should analyse unit-specific specifications—exact floor level, orientation, balcony configuration, and view outlook—against actual market rental data before concluding that any particular stack offers definitively superior returns.

What future supply pipeline developments in the Jurong West district could affect 663C Jurong West Street 65's resale and rental dynamics?

The Jurong West district sits within the broader Jurong Lake District regeneration corridor, an area undergoing significant urban renewal with new commercial, educational, and residential developments planned or underway over the next 5–10 years. The introduction of new private residential options in adjacent Jurong East and around Jurong Lake will likely increase housing choice in the broader western corridor, potentially affecting demand dynamics for HDB stock depending on price differentials and target buyer segments. Infrastructure investments including potential future MRT extensions, park connectors, and water-sensitive urban design features across Jurong Lake District are anticipated to enhance overall district amenity and support sustained residential and commercial interest. Prospective buyers and investors should monitor government announcements regarding estate upgrading, lease renewal initiatives, and broader Jurong transformation announcements, as these interventions can materially support property values and neighbourhood attractiveness. The constrained nature of HDB supply, combined with strong employment-driven demand from western Singapore's industrial and logistics zones, provides a stabilising counterweight against potential oversupply from new private residential projects in the broader district.