Type

Units

Min Area

Price Range

3 BR

721 sqft

S$345K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$345K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$69,000 on this acquisition.

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?

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120 Ho Ching Road: Established HDB Living in Central Jurong

120 Ho Ching Road represents a substantial HDB offering in one of Singapore's most established residential zones. Located in Jurong, this development comprises flats that have been thoughtfully maintained and upgraded to meet contemporary living standards. The project attracts a diverse buyer base—from young families seeking their first home to upgraders prioritising neighbourhood maturity and convenience.

The units at this address feature layouts designed around modern family living. Three-bedroom configurations with two bathrooms provide adequate space for growing households, whilst the overall floor area of approximately 721 square feet allows for efficient use of space without compromise on comfort. Recent renovations across the portfolio ensure that prospective occupants can expect well-appointed interiors with clean aesthetic appeal. Kitchens have been reconfigured to offer genuine functional workspace, and living areas benefit from natural light and thoughtful storage solutions that address everyday household needs.

Location and Transport Connectivity

The Jurong neighbourhood has long been recognised for its mature infrastructure and reliable transport options. Lakeside MRT station sits within convenient reach—approximately three bus stops away—providing direct connections to the broader network and enabling straightforward commutes across the island. This accessibility makes the development particularly attractive to office workers in the CBD and those with varied workplace locations. The proximity to public transport reduces daily dependency on private vehicles, a factor that increasingly influences property valuations in Singapore's property market.

Beyond MRT access, the immediate vicinity is serviced by multiple bus routes that connect residents to key employment nodes and commercial hubs. The transport-friendly position supports both daily convenience and longer-term asset appreciation, as properties near well-served transit corridors typically command stronger retention of value.

Neighbourhood Amenities and Family-Friendly Infrastructure

Ho Ching Road's location offers immediate access to Taman Jurong Shopping Centre, a comprehensive retail and dining destination that serves the broader Jurong community. Within a five-minute walk, residents encounter food courts, wet markets, and community facilities that support practical day-to-day living. These proximate amenities reduce the friction of household management and enhance quality of life for families and working professionals alike.

The ActiveSG Sport Village is situated in close proximity, providing subsidised recreational facilities and organised sports programming for residents of all ages. Jurong Lake, positioned directly across from the development, creates an informal recreational zone that encourages active outdoor pursuits and adds environmental character to the area. These features collectively contribute to a lifestyle proposition that extends beyond shelter into genuine community engagement and wellness.

Educational Facilities for Young Families

Families with children will appreciate the concentration of primary schools serving the immediate region. Lakeside Primary School, Rulang Primary School, Shuqun Primary School, Fuhua Primary School, and Jurong Primary School are all positioned within two kilometres of the development. This educational infrastructure makes 120 Ho Ching Road particularly suitable for purchasers prioritising school access and reducing morning commute burden. The presence of multiple options allows families to exercise choice according to their preferences and children's specific needs.

Property Specifications and Investment Considerations

Units available within this development range upward from S$345,000, reflecting the maturity of the HDB market in Jurong and the condition of the housing stock. Price positioning reflects both the neighbourhood's established character and the quality of recent upgrades to individual units. Prospective buyers should be aware that HDB lease decay becomes increasingly relevant as a property ages; units at 120 Ho Ching Road carry implications for resale value trajectory that warrant careful financial planning, particularly for investors with extended holding periods in view.

The three-bedroom, two-bathroom configuration serves as the core offering, providing flexibility for multigenerational living, home-office arrangements, or straightforward family accommodation. Utility rooms add functional value, accommodating washing machines and additional storage—practical considerations that directly influence day-to-day domestic satisfaction.

Market Position and Comparable Values

Jurong remains one of Singapore's most established residential districts, with a mature housing stock and predictable price trajectories. Recent transactional data in the area demonstrates that price-per-square-foot metrics reflect both neighbourhood demand and the specific condition of individual units. Properties that have undergone recent renovation cycles, as seen at this address, typically command modest premiums relative to unimproved comparable stock. This renovation investment supports resale competitiveness and rental attractiveness, making such units appealing to both owner-occupiers and investment-focused purchasers.

Strategic Positioning for Different Buyer Profiles

First-time buyers will find this development attractive owing to its combination of established infrastructure, transparent HDB market dynamics, and entry pricing that sits within mainstream mortgage financing parameters. Young upgraders moving from smaller units or rental accommodation will value the additional bedroom and bathroom configuration, whilst the mature neighbourhood provides predictable service standards.

Investors assessing this development should factor in both the rental yield potential of the Jurong catchment and the lease decay considerations inherent to HDB units. Whilst newer projects may command higher absolute rents, the relative affordability of entry pricing and the density of essential local services support reasonably stable tenant demand. Prudent investors will structure purchases with clear awareness of HDB resale rules and typical lease curves.

Forward Planning and District Supply Outlook

Jurong's supply pipeline remains relatively controlled, with HDB renewal initiatives focused on strategic site redevelopment rather than substantial new greenfield additions. This measured supply approach supports stable valuations and reduces the risk of neighbourhood saturation, distinguishing Jurong from districts experiencing rapid new supply influxes. For long-term holders, this relative stability underpins reasonable confidence in market fundamentals.

120 Ho Ching Road's position within this stable, mature district—combined with comprehensive local infrastructure, educational proximity, and transport access—positions it as a fundamentally sound option for owner-occupiers seeking established neighbourhood character and practical convenience.

Frequently Asked Questions

What rental yield can investors reasonably expect from HDB units at 120 Ho Ching Road?

Jurong HDB flats typically achieve gross rental yields of 3–4% annually, depending on unit condition and tenant profile. A property purchased at S$345,000 would generate approximately S$10,350–S$13,800 in annual rental income under these parameters, though net yield is reduced by property tax, maintenance, and potential management costs. The proximity to Lakeside MRT and local amenities supports steady tenant demand from working professionals and young families, enhancing rental liquidity and reducing void risk. Investors should model yields conservatively and account for lease decay, as HDB resale values typically experience gradual erosion beyond the 30-year mark.

How does price-per-square-foot at this address compare to recent Jurong transactions?

Recent HDB transactions in Jurong have traded in a range of approximately S$475–S$550 per square foot, depending on renovation condition and proximity to MRT. Units at 120 Ho Ching Road, priced from S$345,000 for approximately 721 square feet, translate to roughly S$478 per square foot—positioning them within the mid-range of current Jurong market valuation. The recent renovation cycle adds competitive appeal relative to unimproved stock in the surrounding area, justifying modest premiums and supporting strong resale positioning. Properties in this price band experience steady transaction velocity, indicating transparent market acceptance and limited liquidation risk.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second residential property here?

Singapore Citizens purchasing a second residential property are liable for ABSD at 20% of the purchase price. On a property priced at S$345,000, this equates to S$69,000 in additional duty payable at the point of transaction. This represents a substantial cost of ownership that must be factored into affordability modelling and total acquisition cost projections. Second-property buyers should ensure they have adequate liquid capital to cover ABSD alongside the standard Buyer's Stamp Duty and conveyancing costs, or structure financing to accommodate this additional expense through bank loan expansion—though some lenders cap LTV at levels that may require supplementary cash injection.

How significant is lease decay risk for HDB units at this address, and what impact does it have on long-term resale value?

HDB lease decay becomes materially relevant once a property reaches the 30-year mark; beyond this point, resale values experience accelerating depreciation as the effective lease duration shortens. Units at 120 Ho Ching Road, being located in an established HDB estate, likely carry a lease significantly past this threshold, meaning purchasers should expect gradual but measurable value erosion over extended holding periods. A property might retain 85–90% of its purchase price over 10 years, but could fall to 70–75% of original value over 20–25 years due to cumulative lease decay and market ageing. Owners planning to hold for 20+ years should structure exit strategies around lease-buyback schemes or be prepared to accept diminished capital recovery; shorter-term owners (7–10 years) typically experience less acute lease impact.

How does proximity to Lakeside MRT station influence demand and long-term capital appreciation?

Properties within walking distance (approximately three bus stops away, or roughly 15–20 minutes) to established MRT stations command consistent rental demand and capital appreciation premiums. The Lakeside MRT connection provides direct access to the Circle Line and broader network, making this address particularly attractive to office workers with variable workplace locations and families prioritising transport flexibility. MRT-proximate properties typically outperform non-accessible comparables by 5–8% over 10-year cycles, as transport reliability directly correlates with tenant demand and owner occupier preference. The accessibility factor underpins stable valuations and reduces time-on-market risk, making this development defensible during market downturns when transport-poor properties experience sharper value correction.

Is 120 Ho Ching Road suitable for different buyer profiles, and which groups should prioritise this address?

First-time buyers will find this development particularly appealing—the entry pricing, established neighbourhood, and clear HDB market dynamics provide psychological comfort and transparent resale pathways. Young families benefit substantially from school proximity, community facilities, and the mature local infrastructure that reduces reliance on private services. Upgraders moving from one-bedroom or two-bedroom configurations will value the three-bedroom layout and dual bathrooms that accommodate growing household needs without excessive space inefficiency. Investors seeking steady rental yield with moderate capital appreciation will appreciate the transport access and demographic stability, though should remain cognisant of lease decay implications. High-net-worth individuals focused on preservation tend to shy away from this pricing tier in favour of private properties or newer condo offerings; this address is fundamentally an owner-occupier and middle-market investor proposition.

What TDSR headroom and financing capacity should buyers expect at this price point?

A purchase price of S$345,000 at current mortgage rates (typically 2.8–3.2% for HDB financing) and 35-year loan terms would generate monthly servicing of approximately S$1,450–S$1,550. Under Singapore's TDSR regime capping total monthly debt service at 60% of gross monthly household income, a buyer would require gross household income of approximately S$2,420–S$2,580 per month to secure financing without exceeding servicing constraints. First-time buyers utilise CPF for both down-payment and monthly servicing, potentially improving effective carrying capacity if both spouses contribute. Second-property buyers carry greater financing burden due to ABSD cash outlay and reduced LTV eligibility; prudent modelling should assume requirement for additional S$60,000–S$80,000 in liquid capital beyond the down-payment to cover stamp duty and conveyancing expenses.

What nearby competing HDB developments should be evaluated alongside 120 Ho Ching Road?

Neighbouring HDB estates within Jurong—including those proximate to Jurong East MRT and developments in the Lakeside precinct—offer comparable three-bedroom configurations at broadly similar pricing levels. Properties in Boon Lay, approximately 1–2 kilometres away, offer slightly lower psf valuations but trade-off some MRT immediacy and local amenity concentration. Jurong Central estates present alternatives with younger renovation profiles, potentially commanding 5–10% premiums; however, incremental pricing gains may not justify the cost differential for buyers prioritising value capture. Direct comparison should focus on renovation recency, bathroom count, kitchen configuration, and MRT distance—factors that materially influence both occupier satisfaction and resale marketability. Within the Lakeside catchment specifically, 120 Ho Ching Road positions competitively, lacking a dramatic supply of recently improved comparables at identical price points.

Which unit stack or floor level optimises value and desirability at this development?

Mid-stack units (typically floors 3–8 in a 10–12-storey HDB estate) command the strongest resale reception and rental appeal, offering natural light and privacy advantages without the structural exposure and maintenance burden of top-floor properties. Ground and first-floor units trade at modest discounts relative to mid-stack equivalents, reflecting noise proximity and reduced privacy perception, despite practical advantages for families with young children and mobility considerations. Top-floor units command aesthetic premiums (superior light, reduced noise) but attract higher maintenance costs and face greater maintenance burden from HDB—often absorbing repair bills related to water ingress and weathering. For value-conscious buyers seeking maximum resale velocity, mid-stack units (floors 4–7) in this development represent optimal positioning; they deliver compelling practical value without paying the aesthetic premium of top-floor variants or accepting the valuation discount of ground-level stock.

What is the forward supply outlook for Jurong, and how does it affect 120 Ho Ching Road's long-term positioning?

Jurong's HDB supply pipeline is relatively controlled, with emphasis on strategic redevelopment of ageing estates rather than substantial new-build greenfield expansion. This measured approach insulates the district from rapid supply oversupply dynamics that erode valuations in rapidly developing regions. The HDB has indicated selective precinct renewal initiatives that may involve selective demolition and reconstruction, but these typically occur over 15–25 year horizons with substantial lead time and notification, limiting disruption to neighbouring estates. For 120 Ho Ching Road specifically, the maturity of surrounding infrastructure and relative supply stability support confidence in long-term neighbourhood fundamentals. Unlike districts experiencing rapid new supply influxes, Jurong's gradual renewal approach supports reasonably stable property valuations and reduces the risk of sudden demand shift—factors that enhance medium-term ownership comfort for both owner-occupiers and investors.

Hdb Flat At 120 Ho Ching Road — From S$345K