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Hdb Flat At 271B Jurong West Street 24 — From S$619K

271B Jurong West Street 24

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

Hdb Flat At 271B Jurong West Street 24 — From S$619K

HDB Flat At 271B Jurong West Street 24
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1205 sqft S$619K
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$619K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$124K on this acquisition.
  • Located 8 min (680 m) from JS6 Jurong West MRT Station (U/C).
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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271B Jurong West Street 24: A Mature HDB Development in Jurong

271B Jurong West Street 24 stands as an established public housing development within the Jurong planning district, one of Singapore's most developed and economically significant residential areas. The development features multi-bedroom HDB units designed to serve a diverse range of household compositions, from growing families to multigenerational households seeking practical living arrangements in a well-established neighbourhood. Current inventory at this address includes flats priced from S$619,000, reflecting the area's accessibility and the ongoing maturation of Jurong's infrastructure network.

The strategic positioning of 271B Jurong West Street 24 offers residents convenient access to the wider Jurong ecosystem. The nearest MRT station, Jurong West (JS6), lies approximately 680 metres away—roughly an 8-minute walking distance—providing commuters with a direct connection into Singapore's broader rapid transit network. This proximity to upcoming MRT infrastructure has long underpinned demand in the Jurong precinct, as new or enhanced public transport routes typically catalyse capital appreciation and rental demand across surrounding residential stock. The pedestrian-friendly distance means that daily commutes to business districts, educational institutions, and employment zones across Singapore become manageable for residents of all ages and mobility levels.

Neighbourhood Character and Local Amenities

Jurong West has evolved into a self-contained and well-serviced neighbourhood, characterised by a comprehensive network of retail outlets, dining establishments, educational facilities, and healthcare services. The wider Jurong district benefits from decades of planned urban development, resulting in a mature landscape where schools, polyclinics, hawker centres, and supermarkets are interwoven throughout the residential fabric. Residents of 271B Jurong West Street 24 enjoy the convenience of these everyday amenities within walking distance or a short bus ride, reducing reliance on private transport and supporting a sustainable lifestyle.

The area's employment landscape is another significant drawcard. Jurong has historically served as an industrial and business hub, with manufacturing facilities, logistics centres, and corporate offices concentrated throughout the district and in adjacent areas such as Tuas and Boon Lay. This employment density means that many households working in Jurong or the western corridor can minimise commute times by residing in the immediate area, making properties at 271B Jurong West Street 24 particularly attractive to professionals and businesses operating locally.

Housing Profile and Unit Specifications

The development comprises HDB flats typically configured as 3-bedroom units with 2-bathroom layouts, offering approximately 1,205 square feet of internal space. These proportions reflect the standard public housing design philosophy in Singapore, balancing practical family living with efficient land use. A 3-bedroom, 2-bathroom arrangement supports families with multiple children, provides separate spaces for work-from-home arrangements—an increasingly important consideration in contemporary housing—and offers sufficient privacy for multigenerational arrangements. The consistent sizing across available units simplifies comparison and valuation, making it straightforward for buyers and investors to assess the relative merits of different stack positions or floor levels within the development.

Investment Fundamentals and Pricing

HDB flats in established Jurong locations have traditionally commanded stable valuations, reflecting strong underlying demand from both owner-occupiers and investors. The asking price of S$619,000 for units at 271B Jurong West Street 24 positions the development within an accessible band for first-time buyers, upgraders seeking larger flats in mature estates, and investors targeting steady rental yield from a predictable tenant base. Price per square foot for this development sits within the contemporary range for Jurong HDB stock, benchmarked against recent comparable transactions in the same planning district and similar distance to MRT infrastructure.

Prospective investors should note that purchasing a second HDB property as a Singapore Citizen incurs Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, applied on top of standard conveyancing costs. This duty materially increases the effective cost of acquisition for investors and should be factored into yield calculations and return-on-investment projections. Despite this acquisition cost, the stable rental demand in Jurong, driven by commuters, workers, and families preferring established neighbourhoods with proven amenities, typically supports rental yields that remain competitive across the HDB market.

Transport Connectivity and Future Growth

The imminent completion of Jurong West MRT Station (currently under construction) represents a transformative development for the immediate area. Enhanced rapid transit connectivity typically reinforces property values by improving commute times for existing residents and expanding the appeal of a location to a wider pool of potential buyers and tenants. The station's opening should further entrench Jurong West as a preferred residential location for workers across multiple employment precincts, potentially supporting sustained demand for flats in the vicinity of 271B Jurong West Street 24.

The broader western corridor of Singapore has benefited from sustained infrastructure investment over the past two decades, from expressway upgrades to industrial park developments to public housing refreshment programmes. This extended pattern of investment suggests that Jurong will continue to be a focal point for Singapore's long-term urban development strategy, supporting the economic fundamentals that underpin residential property values in the area.

Suitability for Different Buyer Profiles

271B Jurong West Street 24 appeals to a broad spectrum of housing consumers. First-time buyers seeking an entry point into property ownership will find the pricing and location accessible, particularly if they anticipate working or studying in the western half of Singapore. Upgraders moving from 2-bedroom to 3-bedroom configurations benefit from the familiar HDB system, mature neighbourhood character, and the ability to remain within an area where they may already have established social networks, employment relationships, or family connections.

Owner-occupiers prioritising convenience, amenity access, and transport links will appreciate the pedestrian-friendly neighbourhood and proximity to Jurong West MRT. Investors seeking rental-yielding assets in a stable market will find the unit specifications and area fundamentals supportive of consistent tenant demand. The pricing from S$619,000 also sits at a level where leverage from standard residential mortgage products remains meaningful, allowing investors to optimize their capital deployment across a portfolio.

The HDB Market Perspective

Public housing in Singapore remains the cornerstone of the nation's housing policy, with HDB flats representing the primary residential asset class for the majority of households. Properties within established HDB estates like Jurong continue to benefit from strong resale activity, well-developed community infrastructure, and the implicit government backing that comes with residing in the public housing system. 271B Jurong West Street 24, as part of this broader ecosystem, offers the stability and liquidity that characterise mature HDB developments.

The ongoing maturation of Jurong as a mixed-use precinct—combining residential, commercial, industrial, and recreational uses—ensures that demand drivers for housing remain diverse and resilient. Whether motivated by proximity to employment, lifestyle preferences, or investment fundamentals, buyers considering 271B Jurong West Street 24 are choosing a location with demonstrated long-term appeal and practical advantages for contemporary living in Singapore.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 271B Jurong West Street 24 as an investment property?

HDB flats in established Jurong locations typically generate rental yields between 2.5% and 3.5% per annum, depending on unit configuration, floor level, and prevailing market conditions. At a purchase price of around S$619,000 for a 3-bedroom flat, a gross monthly rent in the region of S$1,300 to S$1,450 would support yields within this range, though actual achievable rent depends on the specific unit's condition, view, stack position, and tenant market demand at the time of letting. The stable tenant base in Jurong—comprising workers in nearby employment zones, students, and families—provides a reliable source of rental enquiries, though investors should account for the Additional Buyer's Stamp Duty (ABSD) at 20% for a second property, which increases effective acquisition cost and impacts overall return calculations.

How does the price per square foot at 271B Jurong West Street 24 compare to recent HDB transactions in Jurong?

Units at 271B Jurong West Street 24, priced around S$619,000 for approximately 1,205 sqft, translate to a price per square foot of roughly S$514. This positioning reflects recent activity in the Jurong HDB market, where comparable 3-bedroom flats in similar proximity to MRT infrastructure have traded within the S$500 to S$530 per sqft range over the past 12 months. The exact comparison varies by floor level, stack position, remaining lease tenure, and unit condition—higher floors and corner units typically command premiums, whilst lower-floor units or those with leasehold considerations may trade at slight discounts. Recent transactions in adjacent blocks within the Jurong West planning district have broadly supported the pricing discipline observed at 271B, suggesting the development is competitively positioned within the local resale market.

What is the ABSD impact if I buy a second property at 271B Jurong West Street 24 as a Singapore Citizen?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the rate of 20%, applied on the purchase price. For a unit at 271B Jurong West Street 24 priced at S$619,000, ABSD would amount to S$123,800, significantly increasing the total acquisition cost beyond the base purchase price. This duty is payable alongside standard Stamp Duty (which scales at progressive rates up to 4% on the property price for residential transactions) and legal fees, cumulatively adding approximately S$137,000 to S$140,000 in transaction costs. Investors should integrate this 20% ABSD into their financial modelling, as it materially affects the time horizon required to recoup acquisition costs through rental yield and capital appreciation, typically extending the break-even period to 5–7 years depending on market conditions.

What is the lease tenure at 271B Jurong West Street 24, and how might lease decay affect resale value?

As an HDB development, 271B Jurong West Street 24 features a 99-year lease granted from the date of construction, a standard tenure for public housing in Singapore. Lease decay becomes a material consideration only when the remaining lease falls below 60 years, at which point both lender policies and buyer appetite typically tighten, potentially constraining valuation and liquidity. For a development of this age and location, the remaining lease tenure is currently well above this threshold; however, prospective buyers should confirm the exact grant date and remaining years as part of due diligence. HDB flats with adequate remaining lease (typically 60+ years at point of purchase) remain highly financeable through standard mortgage products and experience stable resale demand, as the public housing system's stability and the widespread cultural acceptance of 99-year leases mitigate concerns present in private residential stock with shorter tenures.

How much will the new Jurong West MRT Station (under construction) influence property values and demand at 271B Jurong West Street 24?

New or enhanced MRT connectivity typically drives capital appreciation and rental demand across surrounding residential stock, with studies suggesting 3–5% uplift in property values within 400 metres of a new station over the 2–3 years following opening. At approximately 680 metres (an 8-minute walk) from Jurong West MRT Station, 271B Jurong West Street 24 sits within the primary benefit zone and should experience meaningful demand acceleration once the station becomes operational. The improved transport link will reduce commute times for residents working across Singapore, particularly in the Central Business District and other eastern employment centres, expanding the pool of potential buyers and tenants who view Jurong as an accessible base. Enhanced accessibility also attracts investors and upgraders who previously considered the area less convenient, broadening demand drivers and typically supporting both capital growth and rental yield stability.

Is 271B Jurong West Street 24 suitable for first-time homebuyers, upgraders, and investors, or is it better for one profile?

271B Jurong West Street 24 appeals successfully to all three buyer profiles. First-time buyers benefit from the accessible entry price (from S$619,000), established neighbourhood infrastructure, and the stability of the HDB system, which typically has lower financing friction and supportive lender policies compared to private residential stock. Upgraders moving from 2-bedroom to 3-bedroom flats appreciate the familiar HDB framework, mature community character, and the opportunity to remain within an area where they may have employment or family ties. Investors find the property attractive due to the stable rental base in Jurong (workers, students, families), predictable tenant demand, and competitive yields within the HDB market. The consistent unit specifications (3-bed, 2-bath, ~1,205 sqft) also simplify comparison across different stack positions, making it easier for all profiles to identify value within the development.

What TDSR headroom exists for a typical buyer purchasing at 271B Jurong West Street 24, and what does this mean for financing capacity?

The Total Debt Servicing Ratio (TDSR) limit in Singapore is currently 55% for HDB purchases, meaning a buyer's total monthly loan repayments across all facilities cannot exceed 55% of gross monthly income. For a purchase price of S$619,000 with a 25-year mortgage at typical interest rates (around 3.5% per annum), monthly repayment would approximate S$2,950. This implies a minimum gross monthly income requirement of approximately S$5,364 to pass TDSR screening, assuming no other debt obligations. Buyers with higher incomes or shorter loan tenures enjoy greater TDSR headroom, allowing them to service larger mortgages or manage additional financial commitments more comfortably. First-time buyers in Jurong often find the TDSR framework more accessible than private residential markets, as HDB property valuations and mortgage products are standardised, lending predictability to financing calculations.

How does 271B Jurong West Street 24 compare to competing HDB developments in the Jurong precinct?

Jurong hosts numerous HDB estates of varying ages, densities, and amenity offerings. Competing developments in the immediate vicinity include blocks within the same planning zone, such as those along Jurong West Street, Jurong East Street, and newer developments in adjacent planning zones. Factors differentiating 271B Jurong West Street 24 include its proximity to Jurong West MRT Station (680 metres), its unit size and configuration (3-bed, 2-bath, ~1,205 sqft), and its position within a mature estate with established amenity networks. Pricing at around S$514 per sqft aligns competitively with comparable blocks in the area, though properties closer to MRT stations or featuring premium views may command slight premiums. Buyers should conduct side-by-side inspections of competing blocks to evaluate relative value, as internal conditions, upgrading work, and stack position can materially influence perceived quality despite similar underlying specifications.

Are higher floor levels at 271B Jurong West Street 24 worth the premium, or do lower floors offer better value?

Higher floors at 271B Jurong West Street 24 typically command 3–7% premiums over lower floors due to superior natural light, reduced noise from street-level activity, and psychological preference for elevated positions. However, lower-floor units (particularly levels 3–5) often represent superior value for cost-conscious buyers, particularly investors, as they deliver 85–90% of the amenity benefits whilst saving several thousand dollars in acquisition cost—capital that can be redeployed into yield-generating activities. Mid-stack units (floors 8–15) frequently offer an optimal balance between cost and view quality. Ground-floor and first-floor units in Jurong HDB estates may face slight discount due to proximity to street noise and reduced privacy, but can still appeal to elderly or mobility-limited residents for whom proximity to ground-level facilities holds particular value. Systematic comparison of recent sales across different floor levels within the development helps identify floor-specific value inflection points.

What does the future supply pipeline for HDB flats in Jurong suggest about long-term demand and pricing?

Jurong has been earmarked within Singapore's Housing and Development Board's long-term planning frameworks as a mature estate where new supply remains modest, with development focus shifting toward rejuvenation, upgrading, and retention of existing stock rather than greenfield expansion. This limited pipeline of new HDB completions in the immediate Jurong precinct supports ongoing demand for resale units like those at 271B Jurong West Street 24, as supply constraints typically underpin stable pricing and sustained transaction volumes. Broader western zone considerations—including the Tuas industrial expansion and potential residential development in adjacent planning zones—may influence longer-term demand patterns, but the constrained HDB supply policy in Jurong itself suggests that existing stock will continue to attract buyers and investors seeking housing in the area. The maturity and stability of Jurong's supply outlook, combined with the district's economic importance, position it as a lower-volatility investment destination within the HDB market.