Type

Units

Min Area

Price Range

3 BR

1292 sqft

S$800K

Type

Units

Min Area

Price Range

Other

100 sqft

S$1,300/mo – S$1,500/mo

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$1,300 to S$800K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$260 on this acquisition.
33% of current units are for sale, from S$800K; 67% are for rent, from S$1,300/mo.
Located 12 min (1.02 km) from NS1 Jurong East 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.

212 Jurong East Street 21: A Mature HDB Development in Singapore's West

212 Jurong East Street 21 is an established Housing and Development Board property situated in one of Singapore's most vibrant and well-developed neighbourhoods. Located in Jurong East, this development occupies a strategic position within a district that has evolved into a thriving commercial, retail, and residential hub over several decades. The address places residents within easy reach of major employment clusters, shopping destinations, and essential services that define modern urban living in Singapore's western corridor.

The development benefits from its positioning within Jurong East, a district that has consistently demonstrated resilience and growth in both property values and rental demand. This maturity means the neighbourhood has reached equilibrium in terms of infrastructure development, with established schools, healthcare facilities, and recreational amenities already in place. Prospective buyers and tenants are drawn to the area's proven track record and the relative stability it offers compared to emerging precincts.

Strategic Location and Transport Connectivity

Accessibility is a defining feature of 212 Jurong East Street 21. The development lies approximately 1.02 kilometres from NS1 Jurong East MRT Station, positioning it within a comfortable 12-minute walk or a short bus ride of one of Singapore's primary transport interchanges. Jurong East MRT Station serves as a junction connecting multiple transport corridors, making it a critical node for commuters travelling to the Central Business District, Marina Bay, and other key employment zones across the island.

This transport connectivity translates directly into appeal for working professionals and families. The proximity to the MRT station significantly reduces journey times for daily commutes and enhances the property's attractiveness to tenants, thereby supporting consistent rental demand. Properties within walking distance of major MRT stations have historically commanded stronger rental yields and capital appreciation compared to those requiring longer travel times. For investors, this location factor is particularly relevant when assessing long-term income potential and resale viability.

Housing Profile and Unit Types

The development comprises HDB flats representing the backbone of Singapore's housing landscape. These units cater to a broad spectrum of buyer profiles, from first-time homeowners entering the property market to upgraders seeking to relocate within established neighbourhoods. HDB properties in Jurong East have maintained consistent demand from both owner-occupiers and investors seeking rental returns.

Units within the development range in configuration, offering flexibility for different household compositions and lifestyle preferences. The compact nature of these properties makes them particularly efficient in terms of maintenance costs and utility expenses, factors that appeal to both residents and property investors managing their outgoings. Prospective buyers will find that HDB flats in this area continue to attract interest from professionals working in nearby Jurong, Bukit Panjang, and those with offices in the central business district.

Investment Potential and Rental Market

For property investors, 212 Jurong East Street 21 offers exposure to the stable HDB rental market in an established neighbourhood. Jurong East's position as a commercial and residential centre ensures consistent tenant demand, particularly among young professionals, service workers, and families seeking affordable yet well-connected housing. The proximity to the MRT station elevates the property's rental appeal, as many prospective tenants prioritise transport convenience above other factors.

Rental yields for HDB properties in this district typically reflect the balance between affordable entry prices and steady tenant demand. The maturity of the neighbourhood means that rental growth has stabilised compared to newer precincts, but this stability conversely indicates reduced downside risk. Investors purchasing units in this development should anticipate rental income aligned with current market rates for comparable HDB stock in Jurong East, with the understanding that yields are influenced by unit configuration, floor level, and specific block location within the development.

District Amenities and Lifestyle Considerations

Jurong East is renowned for its comprehensive amenities landscape, featuring major shopping malls, dining establishments, recreational facilities, and essential services. Residents of 212 Jurong East Street 21 enjoy proximity to these conveniences without requiring extensive travel. The district's maturity ensures that schools, healthcare providers, and community centres are well-established and accessible.

The neighbourhood character reflects a mix of residential blocks, commercial properties, and public facilities, creating a vibrant urban environment. For families, the availability of schools and childcare facilities within the district adds significant value. Working professionals benefit from the concentration of businesses and service establishments, whilst retirees appreciate the accessibility of healthcare and community support services.

Ownership Considerations and Financing

Prospective buyers should approach HDB property acquisition with a clear understanding of their financial position and long-term ownership plans. HDB flats represent an affordable entry point into property ownership, with financing readily available through HDB loans and approved financial institutions. First-time buyers benefit from various grants and schemes designed to improve housing affordability, whilst upgraders and second-property purchasers should factor in Additional Buyer's Stamp Duty implications when planning their acquisition.

The total debt servicing ratio, or TDSR, is a critical consideration for mortgage applicants, with most lenders requiring that total monthly debt commitments not exceed 60% of gross monthly income. Properties in this price segment typically offer comfortable financing headroom for employed professionals and self-employed individuals with stable income documentation. Buyers are advised to consult with their chosen financial institution to confirm precise lending parameters and available loan tenure options.

Comparative Market Context

HDB properties in Jurong East occupy a well-defined market segment characterised by accessibility, affordability, and consistent demand. The district hosts a diverse range of similar developments, each with their own merits in terms of exact location, block orientation, and unit configuration. Prospective buyers benefit from having multiple comparable properties to evaluate when forming a purchase decision, ensuring competitive pricing discipline across the district.

The Jurong East property landscape continues to evolve as the district matures and attracts new commercial investment. This ongoing development activity supports property values and rental demand, distinguishing Jurong East from purely residential neighbourhoods with limited employment or economic anchors. For buyers and investors seeking exposure to a vibrant, well-established urban district, properties in this area offer both pragmatic housing solutions and reasonable wealth accumulation potential.

Frequently Asked Questions

What rental yield can investors typically expect from HDB properties at 212 Jurong East Street 21?

HDB flats in Jurong East generally achieve gross rental yields in the range of 3–4%, depending on unit configuration, floor level, and current market rental rates for comparable stock in the district. The mature nature of Jurong East as both a residential and commercial hub supports consistent tenant demand, particularly from working professionals seeking affordable accommodation near the MRT station. Investors should note that HDB rental yields in established neighbourhoods tend to be lower than those in emerging precincts, but this reflects the stability and reduced downside risk of the market. Actual yields will vary based on the specific unit purchased, prevailing rental rates at the time of let, and the length of the tenancy agreement.

How does the psf pricing at 212 Jurong East Street 21 compare to recent HDB transactions in Jurong East?

HDB flat pricing in Jurong East has historically been driven by factors including proximity to transport infrastructure, age of the block, and unit configuration. Properties within walking distance of NS1 Jurong East MRT Station, as is the case for 212 Jurong East Street 21, typically command psf pricing at the mid-to-upper end of the Jurong East range due to their transport convenience. Recent market transactions suggest HDB properties in the district trade within a defined psf band, with first-tier blocks and those with direct MRT accessibility commanding a premium over more peripheral locations. Prospective buyers should compare the offered price per square foot against recent comparable sales of similar-sized units within the same development and neighbouring blocks to ensure competitive market pricing.

What is the impact of Additional Buyer's Stamp Duty for second-property purchases at this development?

Singapore Citizens purchasing a second residential property, whether HDB or private, are liable for Additional Buyer's Stamp Duty at the rate of 20% on the purchase price. For an HDB property purchased at S$500,000, this would result in additional stamp duty costs of S$100,000, significantly increasing the total acquisition cost beyond the base price and standard Buyer's Stamp Duty. This 20% ABSD applies to second and subsequent residential property acquisitions and substantially impacts the overall cost of investment properties or upgrader purchases for those already holding HDB or private property. Prospective second-property buyers should factor this cost into their financial planning and consider the impact on total mortgage-to-equity ratios and investment returns, as it effectively increases the net capital requirement for acquisition.

Are there lease decay or resale value risks associated with HDB flats at this address?

HDB flats are granted on a 99-year lease, meaning properties at 212 Jurong East Street 21 will experience progressive lease decay over time. Lease length is a material factor in property valuation, with flats remaining more than 60 years into their lease typically retaining strong resale value, whilst those below 60 years may experience reduced buyer appeal and valuation multiples. For older HDB blocks, prospective buyers should verify the original construction date and calculate the remaining lease term to understand the trajectory of future resale values. HDB has implemented a Lease Buyback Scheme allowing flat owners to extend their leases, but the terms and costs of lease extension schemes are important considerations for long-term ownership planning and eventual sale to subsequent buyers.

How does proximity to NS1 Jurong East MRT Station influence property demand and capital appreciation?

Properties within walking distance of major MRT stations consistently demonstrate stronger demand, higher rental yields, and more resilient capital appreciation compared to properties requiring longer travel times to public transport. 212 Jurong East Street 21's location approximately 1.02 kilometres from Jurong East MRT Station positions it as a highly accessible property, an attribute that appeals to both owner-occupiers and investors. The MRT station's role as a major junction connecting multiple transport corridors and serving as a gateway to the central business district and Marina Bay underpins sustained demand for accommodation in the immediate vicinity. This transport premium typically translates into stronger resale liquidity and the ability to attract quality tenants willing to pay a modest premium for rental properties, thereby supporting long-term capital growth and income stability.

Is 212 Jurong East Street 21 suitable for first-time homebuyers, upgraders, or investors?

The development caters effectively to all three buyer categories. First-time homebuyers benefit from affordable entry pricing, straightforward HDB financing, and eligibility for various purchase grants that reduce net acquisition costs. Upgraders seeking to relocate within an established, well-serviced neighbourhood find the location and amenities attractive, particularly if currently residing in more peripheral HDB areas. Investors view the property as a steady income generator supported by Jurong East's proven tenant demand and transport accessibility, though anticipated rental yields reflect the maturity of the market rather than aggressive capital growth. Each buyer profile should assess the property against their specific objectives: financial inclusion and wealth building for first-timers, lifestyle and service enhancement for upgraders, and income stability with moderate capital appreciation for investors.

What TDSR headroom might a buyer expect when financing an HDB property at this development?

Most financial institutions impose a Total Debt Servicing Ratio ceiling of 60%, meaning monthly debt obligations including the HDB mortgage, personal loans, credit card facilities, and other liabilities cannot exceed 60% of gross monthly income. For a property priced from S$500,000 and financed over a 30-year HDB loan term at prevailing rates, a typical monthly mortgage payment would be approximately S$2,500–S$3,000, leaving substantial TDSR headroom for a borrower earning S$6,000–S$8,000 monthly. Employed professionals and self-employed individuals with stable, documented income typically secure approval for HDB loans at this price point with comfortable financing cushion, though the precise amount of available headroom depends on existing debt obligations, employment status, and the lender's assessment of creditworthiness. Buyers are advised to conduct a personal TDSR calculation and consult directly with HDB or their chosen bank to confirm actual borrowing capacity before making an offer.

How does 212 Jurong East Street 21 compare to nearby competing HDB developments in Jurong East?

Jurong East hosts multiple established HDB developments, each with distinct characteristics in terms of block age, exact MRT proximity, unit configurations, and prevailing resale prices. Properties further from the MRT station or in adjacent residential areas typically trade at lower psf rates, offering value for buyers prioritising affordability over transport convenience. Conversely, developments with superior MRT accessibility or newer blocks may command modest psf premiums. The competitive landscape means prospective buyers can evaluate several comparable options within the district, ensuring that any property selection reflects genuine value relative to alternatives. Key differentiators include remaining lease length, block orientation affecting daylight and ventilation, proximity to amenities such as shopping malls and hawker centres, and the specific HDB block's reputation for maintenance and resident satisfaction.

What unit stack or floor level typically offers the best value at this HDB development?

HDB flat pricing generally reflects a modest premium for mid to upper floors, which command better daylight, ventilation, and noise insulation compared to ground and lower floors. However, the pricing premium for higher floors may not always justify the additional cost, particularly if the property will be rented rather than owner-occupied. Ground-floor units occasionally trade at discounts despite their convenience for families with young children and elderly residents, representing potential value for buyers accepting the tradeoffs. Middle-floor units (typically floors 4–10) often represent optimal value, offering reasonable daylight and amenity benefits without the steeper pricing of the highest storeys. Investors should consider tenant preferences when evaluating unit options; working professionals and small families often show strong preference for mid-floor units with balanced access and views, potentially supporting stronger rental demand and pricing resilience.

What is the future property supply pipeline in Jurong East, and could it affect values at 212 Jurong East Street 21?

Jurong East has undergone significant development and urban renewal over the past decade, with ongoing initiatives to enhance the district's commercial, retail, and residential offerings. While new HDB developments are generally planned and released through the HDB Build-to-Order programme, the district's maturity means that large-scale new residential supply is less common than in emerging precincts such as Woodlands or Sengkang. The concentration of commercial and mixed-use development in Jurong East typically supports property values by underpinning economic activity and employment density, creating sustained demand for residential accommodation. However, buyers should remain aware that major planned developments or transport infrastructure changes (such as future MRT extensions) can influence the relative attractiveness of specific areas within the district. Properties with proven transport accessibility and central location, such as those at 212 Jurong East Street 21, typically prove resilient to localised supply increases because they benefit from fundamental location advantages that are not easily replicated by new supply.

Hdb Flat At 212 Jurong East Street 21 — From S$1,300