Type

Units

Min Area

Price Range

3 BR

1270 sqft

S$650K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$650K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$130K on this acquisition.
Located 9 min (720 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.

220 Jurong East Street 21: Established HDB Living in Central Jurong

220 Jurong East Street 21 represents a mature public housing option within the heart of Jurong East, one of Singapore's most established residential and commercial hubs. Located in the Jurong East planning area, this HDB development has long served as a stable residential community, offering a variety of unit configurations to suit different household sizes and stages of life. The development's presence in this locality reflects the enduring appeal of Jurong East as a destination for both families and investors seeking established neighbourhood credentials.

The development's positioning within Jurong East places residents within proximity to the EW25 Chinese Garden MRT station, situated approximately 720 metres away. This connection to the East-West Line provides efficient access to Singapore's wider transport network, facilitating commutes to the CBD and other major employment centres. The walking distance to the station is moderate and typical of many HDB estates in this region, allowing residents to balance neighbourhood tranquility with transport connectivity.

Location and Transport Connectivity

Jurong East has evolved into one of Singapore's most vibrant planning areas, characterised by mixed-use development combining residential, commercial, and recreational uses. The presence of the East-West Line through Chinese Garden station enhances accessibility across the island, making this location attractive to working professionals and families requiring regular transit beyond the immediate neighbourhood. The MRT station serves as a transport anchor for the wider Jurong East cluster, which has seen sustained investment in infrastructure and services over decades.

Beyond MRT connectivity, the area benefits from its position within a mature precinct where retail centres, healthcare facilities, and education options have been established for many years. Residents enjoy access to a well-developed network of bus services and local amenities typical of consolidated HDB neighbourhoods. The broader Jurong East area has attracted commercial and industrial activity, creating a dynamic urban environment that supports property values and rental demand.

Housing Options and Unit Configurations

The development offers a variety of unit sizes accommodating diverse household profiles. Properties available range across different bedroom configurations, allowing potential buyers to select units aligned with their specific residential needs. Whether seeking a compact home for young professionals or a larger space for growing families, the variety available at 220 Jurong East Street 21 reflects the mixed demographics typically found in mature HDB estates.

Current listings feature units with multiple bedroom and bathroom configurations across varying floor areas. The range of options available ensures that different budget levels and space preferences can be accommodated. Properties in this development are typically presented in their current condition, with buyers able to assess renovation and upgrade opportunities as part of their acquisition decision.

Investment and Rental Considerations

From an investment perspective, 220 Jurong East Street 21 offers established market fundamentals typical of mature HDB estates in central Jurong. The neighbourhood's combination of transport accessibility, mature amenities, and established community infrastructure supports consistent rental demand. Properties in this location have historically attracted tenants seeking stable, well-serviced neighbourhoods without the premium pricing of newer developments in growth areas.

The rental yield profile for units in this development depends substantially on unit configuration, pricing point at acquisition, and prevailing market conditions. Multi-bedroom units typically command higher absolute rental income, though per-square-foot yields may vary based on tenant demand for different unit sizes. Investors should evaluate current market rental rates for comparable units in the immediate and wider Jurong East area as part of their due diligence.

Pricing and Market Context

Properties at 220 Jurong East Street 21 are currently available from competitive entry points reflecting the development's established status. HDB flats in this location typically trade at price points lower than newer developments in growth districts, though they maintain resilience due to established demand and neighbourhood stability. Recent transactions in the Jurong East area provide important reference points for assessing whether current listings represent fair value relative to comparable units.

Prospective buyers should consider the per-square-foot pricing of available units against recent similar transactions in the immediate precinct. The wide range of unit sizes means that price-per-square-foot metrics can vary notably, making direct comparison essential. Market pricing in Jurong East HDB estates has remained relatively stable, reflecting the mature nature of supply and the consistent demand from upgraders and investors.

Buyer Suitability and Market Positioning

220 Jurong East Street 21 appeals to distinct buyer segments. First-time buyers seeking an established neighbourhood with proven amenities and transport links find the development attractive, as the area carries less execution risk than greenfield estates. Upgraders moving from smaller units or rental accommodation appreciate the range of configurations available and the mature neighbourhood infrastructure. Investors view the development as part of a stable, established market with consistent underlying demand.

High-net-worth individuals may perceive Jurong East as representing value compared to premium central locations, though the development does not position itself as a luxury offering. The property type—HDB public housing—carries intrinsic advantages for owner-occupiers in terms of affordability and access to financing, whilst also attracting institutional and private investor interest due to rental yield potential. The broad appeal across multiple buyer categories supports market liquidity and pricing stability.

Financing and Affordability Considerations

Buyers financing purchases through HDB loans benefit from favourable terms and competitive interest rates, with loan tenures typically extending to 25 years or the age of the youngest applicant plus 21 years, whichever is shorter. Bank financing remains available for HDB properties, allowing buyers to structure transactions according to individual financial circumstances. Total Debt Service Ratio (TDSR) requirements and individual financial capacity determine lending headroom, with buyers expected to demonstrate sufficient income to service debt comfortably.

For upgraders purchasing 220 Jurong East Street 21 as a second residential property, Additional Buyer's Stamp Duty at 20% applies to the purchase price if the buyer is a Singapore Citizen. This represents a significant cost component in transaction planning and should be factored into overall acquisition costs alongside standard stamp duties and legal fees. First-time buyers are exempt from ABSD, making this development particularly attractive for those entering the property market for the first time.

Neighbourhood and Community Environment

The Jurong East neighbourhood provides a balanced environment combining residential tranquility with commercial vibrancy. The area has matured considerably over recent decades, with established schools, medical facilities, and retail options integrated into the fabric of the community. Residents benefit from the critical mass of services and amenities that only long-established neighbourhoods can provide.

Green spaces and community facilities characteristic of HDB estates enhance quality of life, with residents enjoying access to parks, community centres, and sports facilities distributed throughout the planning area. The development is positioned within a cohesive neighbourhood where families have chosen to establish roots over many years, creating stable communities and social infrastructure. This established character appeals to buyers seeking neighbourhoods with proven track records rather than uncertain growth projections.

Future Considerations and Market Outlook

As a mature HDB estate, 220 Jurong East Street 21 is not subject to lease decay concerns in the immediate term, though long-term lease dynamics remain relevant for investors with extended holding periods. The development's position within Jurong East provides stability given the broader precinct's significance within Singapore's urban structure. Ongoing investment in transport infrastructure and commercial facilities within Jurong East supports continued relevance and property value retention.

The broader Jurong East planning area continues to evolve, with ongoing commercial and residential development reinforcing its position as a major urban node. New supply in the district may include Build-to-Order HDB projects in adjacent locations and private residential developments, potentially affecting relative positioning of resale HDB estates. Buyers should monitor the broader supply pipeline to understand how future development may influence market dynamics and resale demand for this established property.

Frequently Asked Questions

What rental yield can investors expect from purchasing a unit at 220 Jurong East Street 21?

Rental yields for HDB properties at 220 Jurong East Street 21 depend significantly on unit configuration, purchase price, and prevailing market rental rates. A three-bedroom flat renting for approximately S$2,200–S$2,600 monthly (depending on condition and exact location within the estate) purchased at typical current market prices would generate a gross yield of approximately 4–4.5%. Investors should evaluate current comparable rental listings in the immediate Jurong East area to confirm these estimates, as rental rates fluctuate seasonally and according to tenant demand. The established neighbourhood character supports consistent tenant demand, though yields vary based on individual unit pricing and whether the unit is rented furnished or unfurnished.

How does the per-square-foot pricing at 220 Jurong East Street 21 compare to recent HDB transactions in Jurong East?

The per-square-foot pricing for HDB flats in this development aligns with the broader Jurong East resale HDB market, though variation exists depending on unit configuration, floor level, and specific condition. Recent comparable transactions in the immediate area suggest per-square-foot pricing ranging from approximately S$510–S$560 for three-bedroom units, with smaller units trading at somewhat higher per-square-foot rates. Buyers should request recent sold-price data for comparable units within this estate or nearby developments to benchmark current listings. The mature estate character and MRT proximity typically support pricing at the higher end of the Jurong East range compared to older or more remote HDB estates.

What Additional Buyer's Stamp Duty implications apply if I purchase at 220 Jurong East Street 21 as my second property?

Singapore Citizens purchasing a second residential property are liable for Additional Buyer's Stamp Duty at 20% of the property's purchase price, in addition to standard Buyer's Stamp Duty. For a property purchased at S$650,000, ABSD would amount to S$130,000—a substantial cost that must be factored into total acquisition expenses. This duty applies regardless of whether the buyer intends to occupy the property or rent it to tenants, making it a critical consideration in investment analysis. First-time buyers and permanent residents are exempt from ABSD, making this development particularly cost-effective for those entering the property market for the first time.

Are there lease decay concerns for 220 Jurong East Street 21, and how might this affect resale value?

As an established HDB estate, 220 Jurong East Street 21 is sufficiently young that lease decay presents minimal immediate concern for current buyers and investors. However, for investors with extended holding periods or those purchasing units originally built in the 1990s or earlier, lease duration does become increasingly relevant over 20+ year timescales. HDB resale prices begin to compress noticeably when lease duration drops below 70 years, so buyers should confirm the specific lease commencement date of their target unit. The development's maturity means that future en bloc redevelopment—though not guaranteed—remains a possibility that could dramatically alter unit values, either positively through compensation or negatively if the estate is not selected for such schemes.

How does proximity to Chinese Garden MRT station (EW25) influence demand and capital appreciation for this development?

The approximately 720-metre walk to EW25 Chinese Garden MRT provides meaningful transport connectivity that enhances property appeal and supports both owner-occupier demand and investor interest. Proximity to functional MRT stations historically correlates with higher capital appreciation compared to non-MRT-accessible HDB estates, as employers and amenities cluster around transit nodes. The East-West Line connection provides direct access to business districts and other major MRT interchanges, reducing commute times and making the location attractive to working professionals. Properties within walking distance of MRT stations typically command rental premiums and experience faster sales velocity, supporting long-term capital value retention and making the location resilient during market downturns.

Is 220 Jurong East Street 21 suitable for high-net-worth individuals, upgraders, first-time buyers, and investors?

This development appeals across multiple buyer segments, though in different ways. First-time buyers benefit from established neighbourhood infrastructure, proven amenities, and HDB financing advantages that make entry into the property market more accessible. Upgraders moving from smaller units find a range of configurations suited to growing families, whilst enjoying neighbourhood maturity that de-risks purchasing compared to new launch developments. Investors appreciate the consistent rental demand, established tenant base, and stable pricing dynamics typical of mature estates in central locations. High-net-worth individuals may view the development as representing value relative to premium districts, though the property type positions it as a practical investment rather than a luxury holding. The broad appeal across segments supports consistent market liquidity and pricing stability.

What Total Debt Service Ratio headroom should I expect at typical price points for this development, and how does TDSR affect financing?

Buyers financing through HDB loans are subject to the HDB's TDSR requirement of 30%, meaning that total monthly debt repayment cannot exceed 30% of gross monthly household income. For a property purchased at S$650,000 with a 25-year HDB loan at typical interest rates (approximately 2.6%), monthly repayment would be roughly S$2,900, requiring gross household income of approximately S$9,700 to meet TDSR requirements comfortably. Bank financing may offer more favourable TDSR ratios of 40–60% depending on creditworthiness and loan structure. Buyers should stress-test their financing arrangements against potential interest rate increases and ensure sufficient headroom for other debt obligations. Joint applications with spouses or adult children can materially expand borrowing capacity and increase acquisition affordability.

How does 220 Jurong East Street 21 compare to nearby competing HDB developments in terms of value and positioning?

The development competes primarily against other established HDB estates within Jurong East and neighbouring areas such as Clementi and Bukit Batok. Compared to newer Build-to-Order estates in growth zones, 220 Jurong East Street 21 offers the advantage of immediate availability, mature neighbourhood amenities, and proven tenant demand, though typically at lower per-square-foot prices reflecting the resale market's discount to new launches. Relative to older estates further from MRT stations, the development benefits from MRT proximity and continuous neighbourhood investment. Buyers comparing this development to nearby private residential projects should factor in the significantly lower acquisition costs, higher leverage through HDB financing, and different tenant demographic typically attracted to public housing. The development's strong positioning within Jurong East—a major commercial and residential hub—provides competitive advantages over HDB estates in more peripheral locations.

Which unit stack or floor levels at 220 Jurong East Street 21 typically offer the best value?

Mid-stack units (typically floors 8–15) frequently offer superior value compared to lower or upper floors, as they avoid the ground-level noise and traffic concerns whilst being cheaper than premium higher floors with better views and ventilation. End-unit flats typically command premiums of 5–10% compared to mid-block units due to superior cross-ventilation and privacy, so buyers prioritising value may prefer internal stack positions. Lower floors sometimes trade at discounts of 3–5% relative to mid-stack units, making them attractive for buyers less concerned with views and privacy. High-floor units (typically from the 18th floor upwards) command premiums of 5–15% depending on panoramic views and perception of safety, representing poor value for investors focused purely on rental yield. Unit orientation relative to prevailing winds and the direction of views toward Jurong East's commercial district or open spaces influences perceived value and should be inspected during property viewings.

What future supply pipeline exists in the Jurong East district, and how might this affect property values at 220 Jurong East Street 21?

The Jurong East planning area continues to benefit from ongoing development investment, including Build-to-Order HDB projects that add new supply to the market. Recent BTO launches in adjacent locations introduce competition for first-time buyers, though these properties typically command price premiums due to newness and extended tenures, whereas resale HDB estates like 220 Jurong East Street 21 appeal to upgraders and investors seeking immediate availability. Major infrastructure projects and commercial development within Jurong East—including ongoing expansion of retail, hospitality, and office facilities—support long-term property value retention and rental demand. Buyers should monitor HDB's regular BTO launch calendar for the Jurong East area to understand how new supply may influence future resale demand and pricing dynamics. The established location benefits from being an anchor urban node within Singapore's planning framework, reducing the risk of value erosion compared to peripheral areas that may face oversupply from new launches.

Hdb Flat At 220 Jurong East Street 21 — From S$650K