Type

Units

Min Area

Price Range

3 BR

979 sqft

S$560K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$560K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$112K on this acquisition.
Located 7 min (590 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.

224 Jurong East Street 21: A Practical HDB Choice in Jurong East

224 Jurong East Street 21 stands as a substantial residential offering within one of Singapore's most established public housing estates. Situated in the Jurong East precinct, this development presents a compelling proposition for buyers seeking a balance between affordability, space, and connectivity to essential services and transport infrastructure.

The development enjoys a strategic location that places it within a seven-minute walk of Chinese Garden MRT station on the East-West line, a key transit node that connects residents directly to the city core and broader expressway networks. This proximity to public transport significantly enhances the appeal for commuters who rely on MRT services for daily travel, whilst also supporting long-term capital appreciation prospects given Singapore's sustained urban planning focus on transit-oriented living.

Neighbourhood Convenience and Amenities

The surrounding Jurong East precinct is characterised by a mature, well-serviced ecosystem of retail, dining, and healthcare facilities. Within immediate walking distance, residents benefit from sheltered linkways connecting to Yuhua Village, where a comprehensive array of coffeeshops, food courts, wet markets, and supermarkets cater to everyday household needs. This convenience factor is particularly attractive for families and older residents who prefer walkable access to essential services without reliance on private transport.

A diverse range of dining options and minimart outlets sit within the same block, providing residents with immediate accessibility to groceries and quick meals. The estate's mature development status means these amenities are already well-established and integrated into the fabric of daily life, rather than contingent on future development phases that may or may not materialise.

Educational Facilities and Family Suitability

For families with school-age children, the location offers proximity to multiple primary schools within a one-kilometre radius, including Jurong Primary, Princess Elizabeth Primary, Yuhua Primary, and Fuhua Primary. A secondary cluster of schools—including Shuqun, Lakeside, Rulang, Bukit View, and Pioneer primary schools—sits within two kilometres, providing parents with a range of educational choices across different catchment arrangements and school philosophies. This educational accessibility is a substantial asset for upgrading families transitioning from smaller units or younger first-time buyers planning to start families.

Transport Connectivity and Future Infrastructure

Beyond the established East-West line accessibility, the estate stands positioned to benefit from Singapore's longer-term transport master plan. The upcoming Jurong Region Line represents a transformational infrastructure project that will introduce new MRT stations within the broader Jurong precinct, potentially increasing transit options and enhancing property accessibility in future years. Whilst the timeline for full JRL implementation remains subject to government phases, early evidence from completed MRT extensions consistently demonstrates measurable capital appreciation for properties proximate to new stations, particularly where previous connectivity was adequate but not optimal.

The location also enjoys bus connectivity across multiple routes, allowing residents to access destinations across the island without requiring private vehicle ownership. The proximity to the Pan Island Expressway further supports residents who do maintain vehicles, enabling swift access to other regions for work, leisure, or family visits.

Unit Configuration and Space Efficiency

Units within the development are characterised by practical spatial planning that minimises wasted circulation and maximises usable living area. The three-bedroom, two-bathroom configurations appeal particularly to growing families seeking more spacious accommodation than smaller two-bedroom units, whilst remaining significantly more affordable than private residential properties of equivalent size. The approximate 979 square foot footprint offers genuine living flexibility, accommodating home office spaces, guest accommodation, or leisure zones without the space constraints that characterise many younger, high-density developments.

The mid-floor positioning of available units often proves advantageous, combining practical lift accessibility with reduced exposure to ground-level noise or overlooking from neighbouring properties. Units positioned with minimal direct neighbours support enhanced privacy and natural ventilation, reducing reliance on mechanical cooling and contributing to lower utility costs over the property's ownership lifetime.

Investment and Ownership Considerations

The development appeals across multiple buyer profiles. First-time buyers benefit from HDB pricing that remains substantially lower than private residential alternatives whilst offering genuine three-bedroom family accommodation. Upgraders moving from smaller public housing units find the spacious layouts and established neighbourhood amenities justify the transition cost. Property investors recognise the rental yield potential within a mature, well-serviced precinct where tenant demand remains consistent due to transport connectivity and family-friendly attributes.

Buyers should be aware of the Additional Buyer's Stamp Duty implications if this represents a second residential property purchase. Singapore citizens acquiring a second residential property incur a 20% ABSD in addition to standard stamp duty, a material cost consideration in investment or upgrading scenarios. Professional financial advice is recommended to model total acquisition costs and long-term ownership economics.

Financing and Affordability Context

The pricing structure of units within this development typically sits within a range accessible to HDB loan-to-value financing available to Singapore citizens and eligible permanent residents. Total Debt Servicing Ratio (TDSR) calculations remain favourable for typical household income profiles, particularly for dual-income families, supporting straightforward mortgage approval through HDB or participating financial institutions. The mature development status and established track record of the location provide lending institutions with confidence in both borrower repayment capacity and long-term property value stability.

Comparative Market Position

The Jurong East precinct accommodates multiple residential developments across a range of price points and unit configurations. 224 Jurong East Street 21 maintains competitive positioning through its proximity to the Chinese Garden MRT, comprehensive neighbourhood amenities, and practical unit design. Compared to newer private residential developments in adjacent planning areas, the HDB offerings provide substantially greater affordability with minimal compromise on space or location convenience, a calculus that continues to drive demand across the broader public housing market.

For buyers evaluating this development against comparable alternatives, the maturity of the precinct's amenities ecosystem, established transport connectivity, and proximity to educational institutions provide concrete, measurable advantages over earlier-stage developments where these conveniences may still be under development or future-dependent.

Long-Term Ownership Perspective

As an HDB property, units within this development carry 99-year lease tenures, a standard Singapore public housing format that supports stable, predictable ownership experiences across multiple decades. Early lease decay presents minimal concern for current buyers, as the property maintains full functionality and financing eligibility throughout the first several decades of ownership. Buyers should factor lease tenure into multi-generational planning considerations, particularly if inheritance or succession planning features within long-term financial strategy.

The established estate status, mature amenities ecosystem, and proximity to a major MRT interchange position this development favourably within Singapore's residential landscape, supporting both owner-occupancy comfort and long-term capital stability.

Frequently Asked Questions

What rental yield might an investor expect if purchasing a unit at 224 Jurong East Street 21 as an investment property?

Rental yields for HDB properties in the Jurong East precinct typically range between 2.5% and 3.5% gross annually, depending on unit configuration, floor level, and market cycle timing. Three-bedroom units command stronger tenant demand than smaller formats due to family-oriented rental search patterns, positioning this development favourably within the investment segment. The proximity to Chinese Garden MRT and established neighbourhood amenities attract a consistent flow of tenant enquiries, supporting rental rate stability and reducing vacancy risk compared to peripheral estates. Investors should model rental income against the 20% Additional Buyer's Stamp Duty incurred on second property purchases, a material cost that extends the investment breakeven horizon by several years and requires rigorous financial modelling before commitment.

How does the pricing per square foot at 224 Jurong East Street 21 compare to recent HDB transactions in the Jurong East area?

Recent comparable transactions in the Jurong East precinct indicate per-square-foot pricing in the S$570–S$610 range for similar three-bedroom, two-bathroom units, suggesting that this development remains competitively positioned within the current market. The exact price-to-space ratio varies based on floor level, unit orientation, and recency of renovation, with higher levels and corner units typically commanding marginal premiums reflecting enhanced natural light and privacy perception. Buyers should analyse multiple comparable sales data from the past six months to establish their own baseline, as HDB pricing exhibits meaningful variation across specific block numbers and addresses within the broader estate. The proximity to Chinese Garden MRT and the established amenities footprint support valuations at the upper end of the Jurong East range, suggesting that pricing remains aligned with local market fundamentals.

What are the Additional Buyer's Stamp Duty implications for a Singapore citizen purchasing this as a second residential property?

A Singapore citizen acquiring a second residential property incurs a 20% Additional Buyer's Stamp Duty on the purchase price in addition to standard Buyer's Stamp Duty. For a property in the S$560,000 range, this equates to approximately S$112,000 in ABSD liability, substantially increasing total acquisition costs beyond the headline purchase price. This tax applies regardless of whether the first property is still owned or has been sold, creating a material consideration for upgrading buyers or investors. Professional tax and financial advice is essential to model the full acquisition cost impact, particularly when comparing HDB purchases to alternative investments or assessing the investment thesis where ABSD materially extends cash-flow breakeven timelines.

As a 99-year leasehold property, how significant is lease decay risk, and does it impact resale value materially?

The 99-year HDB lease structure presents minimal lease decay concern for buyers acquiring within the first 50 years of lease commencement, as the property maintains full financing eligibility and market appeal throughout this extended period. Current units at 224 Jurong East Street 21, if originally built in the 1980s or 1990s, still retain 70–90 years of lease life, placing them well within the stability zone where lease decay does not yet materially depress values. Lease-related depreciation becomes a measurable factor only once remaining lease tenure falls below 40 years, a threshold not applicable for current ownership timelines exceeding 40–50 years from the present date. Buyers should nonetheless factor lease tenure into intergenerational planning if inheritance or family succession represents a long-term ownership objective, as lease length becomes a material consideration for subsequent buyers acquired after lease tenure has materially declined.

How does proximity to Chinese Garden MRT station influence demand and capital appreciation potential for this development?

Major MRT station accessibility consistently correlates with sustained capital appreciation across Singapore's HDB market, as transit connectivity reduces commute times and transport costs whilst supporting rental demand from tenant pools who depend on public transport. Chinese Garden MRT, serving as an interchange node on the East-West line, provides direct connectivity to the city central business district, making the development attractive to working professionals and families prioritising transport convenience. The planned Jurong Region Line expansion introduces the prospect of additional station infrastructure within the broader precinct, potentially introducing further capital appreciation uplift once new stations become operational. Historical analysis of Singapore's HDB market demonstrates that properties within 800 metres of established MRT stations outperform peripheral estates by 1.5–2.5% annually over medium-term horizons (5–10 years), a compounding advantage that substantially amplifies long-term wealth accumulation for property holders.

Which buyer profiles would find 224 Jurong East Street 21 most suitable, and why?

First-time buyers benefit substantially from the three-bedroom, two-bathroom configuration offering genuine family-sized accommodation at HDB price points significantly lower than private residential alternatives, with established neighbourhood amenities and school proximity supporting long-term lifestyle stability. Upgrading families moving from smaller two-bedroom units find the spacious layout and mature precinct amenities justify the transition cost, particularly where children's education and family activities feature prominently in lifestyle planning. Property investors recognise the consistent rental demand driven by transit connectivity and family-oriented location characteristics, supporting steady tenant placement and rental rate stability across market cycles. Professionals commuting to the city central business district via the East-West line MRT experience meaningful time and cost savings compared to peripheral locations, improving quality-of-life and discretionary spending capacity. The development appeals less to ultra-high-net-worth individuals seeking premium locational prestige or investors pursuing capital-growth-only strategies, as public housing pricing structure emphasises owner-occupancy affordability rather than luxury market positioning.

What Total Debt Servicing Ratio headroom might a buyer expect at typical price points, and how does this affect financing accessibility?

At the S$560,000 price range typical of this development, buyers financing through HDB loan schemes or participating financial institutions encounter maximum monthly loan repayments in the S$2,500–S$3,200 range depending on loan tenure (25–30 years) and prevailing interest rates. TDSR regulations cap total monthly debt servicing at 60% of gross household income, meaning that borrowers with combined household income of approximately S$4,700–S$5,500 monthly enjoy comfortable financing headroom accommodating the property loan alongside other credit commitments. Dual-income families with one or both earning professional salaries comfortably exceed this threshold, supporting straightforward mortgage approval and reducing finance-related transaction delay risk. Single-income or lower-wage-band households may encounter tighter TDSR constraints requiring larger down-payment contributions to reduce monthly loan repayments, necessitating early financial planning and potentially requiring co-borrower arrangements to satisfy lender requirements.

How does 224 Jurong East Street 21 compare to competing HDB developments in the broader Jurong planning area?

The Jurong planning area encompasses multiple HDB estates developed across different phases, with older blocks (1980s–1990s) offering larger unit sizes and greater inter-unit spacing than newer high-density developments, but potentially facing aging infrastructure and aesthetic wear. 224 Jurong East Street 21 benefits from its specific proximity to Chinese Garden MRT, a major interchange providing direct city connectivity that distinguishes it from peripheral estates requiring longer MRT walks or multiple transit legs. Competing developments in adjacent blocks may offer marginally lower headline prices offset by reduced transport convenience or less comprehensive amenities ecosystems, creating meaningful trade-offs rather than objective superiority. Newer developments in the Jurong precinct may offer modern fixtures and finishes attracting certain buyer segments, but typically command premium pricing relative to the configuration size, effectively narrowing the affordability advantage that draws many HDB purchasers initially. Buyers evaluating competing options should prioritise transport connectivity and amenities permanence rather than cosmetic finishes, as these factors drive long-term value stability and lifestyle satisfaction across decades of ownership.

Which floor levels or unit stacks within the development offer optimal value, and why?

Mid-floor units (typically floors 5–15 in HDB blocks) represent optimal value propositions, combining practical lift accessibility without excessive wait times against the enhanced privacy, natural ventilation, and reduced noise exposure that distinguishes them from ground-floor positions where street-level activity and overlooking from passersby degrade amenity. Higher floors (floors 15+) command premium pricing reflecting unobstructed views and perception of superior privacy, but these premiums often exceed the tangible lifestyle or amenity benefits, making them less attractive from a value-per-square-foot perspective for owner-occupiers and investors alike. Ground-floor and first-level units require careful evaluation due to noise exposure, reduced privacy, and potential moisture concerns, particularly in tropical Singapore climates where humidity and pest access represent material considerations affecting long-term maintenance costs. Corner and end-terrace positioning commands modest premiums reflecting superior cross-ventilation and reduced noise from shared walls, benefits that often justify the premium for buyers prioritising long-term comfort and indoor air quality. Astute buyers typically focus evaluation on mid-floor units within interior-facing positions, maximising value whilst capturing the practical amenities that sustain long-term satisfaction and resale appeal.

What does the future supply pipeline for the Jurong planning area look like, and could it affect property appreciation potential?

The Jurong planning area faces limited new HDB development in coming years, as the estate represents a mature, fully-developed precinct with minimal undeveloped land remaining. Singapore's HDB construction strategy increasingly emphasizes infill redevelopment and estate rejuvenation rather than greenfield expansion, meaning that supply growth in the Jurong area will likely derive from selective block replacement or renovation programmes rather than large-volume new construction. The planned Jurong Region Line expansion introduces longer-term infrastructure enhancement that typically supports capital appreciation, as improved transit connectivity historically drives demand uplift and price adjustment in surrounding properties. Private residential development in adjacent planning areas (particularly around future JRL stations) may introduce alternative property choices for affluent buyers seeking to exit the HDB market, potentially creating supply-demand dynamics that benefit established, transit-connected HDB properties by making them the natural first-rung property for families graduating from rental or smaller units. Overall, the mature estate status and constrained supply environment position 224 Jurong East Street 21 favourably for capital stability and modest appreciation potential, as scarcity value increases alongside continued migration and household formation pressures.

Hdb Flat At 224 Jurong East Street 21 — From S$560K