Type

Units

Min Area

Price Range

3 BR

1022 sqft

S$499K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$499K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$99,800 on this acquisition.
Located 14 min (1.21 km) 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.

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257 Jurong East Street 24: A Cornerstone HDB Development in West Singapore

257 Jurong East Street 24 represents one of the established residential blocks within the Jurong East planning area, a region that has evolved into a vibrant mixed-use precinct over the past two decades. This HDB development forms part of the broader Jurong East landscape, which encompasses commercial, retail, and residential zones carefully integrated to serve the needs of over 100,000 residents. The block itself accommodates multiple units ranging across different configurations, with availability attracting both owner-occupiers seeking their next home and investors evaluating yield potential across the western corridor.

Located at a measured 1.21 kilometres from EW25 Chinese Garden MRT Station, the development benefits from proximity to one of the North-South Line's key interchange nodes. This positioning means residents can access Central Business District employment hubs within 20 minutes during off-peak travel, whilst maintaining the leafy, residential character that defines estates closer to the nature reserves. The MRT connection serves as a gateway to educational institutions, regional shopping destinations, and tertiary employment clusters spread across the island.

Neighbourhood Character and Amenities

The Jurong East precinct has matured considerably since its inception, with the addition of comprehensive retail, dining, and leisure facilities across multiple phases of development. Chinese Garden, located adjacent to the MRT station, provides residents with direct access to one of Singapore's most significant cultural and recreational spaces. The 13.3-hectare garden attracts both casual visitors and serious horticulture enthusiasts, whilst offering peaceful walking trails and reflective spaces that enhance quality of life for nearby residents.

Beyond the gardens, the broader estate features hawker centres offering diverse cuisines at competitive pricing, modern shopping malls with anchor tenants and specialty retailers, and healthcare facilities including clinics and a general hospital. Community centres and residents' committees organise regular programming for families, seniors, and youth, fostering social cohesion typical of mature HDB estates. Schools within the catchment include well-regarded primary and secondary institutions, making the area particularly attractive to families with dependent children.

Unit Configuration and Space Considerations

This development comprises apartments typically available in three-bedroom and larger formats, with individual units spanning approximately 1,000 square feet or more, depending on configuration. This floor area positions occupants above the median for HDB flats, providing genuine separation between living zones and adequate storage capacity—practical considerations often undervalued in more compact units. The layout philosophy reflects planning standards from the development's construction era, when space allocations were more generous relative to contemporary builds.

Buyers evaluating 257 Jurong East Street 24 benefit from straightforward floor plans, with bedrooms of reasonable proportions, main living areas designed for family gathering, and kitchens suited to both daily cooking and entertaining. Units on different levels and facing different directions introduce variation in natural lighting, breeze patterns, and outlook quality, which thoughtful buyers will assess based on personal preference and long-term satisfaction rather than speculative assumptions about capital appreciation.

Investment Considerations and Financing Framework

For investors assessing this development, several structural considerations merit attention. HDB financing remains accessible, with the Housing and Development Board offering concessional loan rates to Singapore Citizens, typically allowing loan tenures extending to retirement age. This financing accessibility translates into lower entry barriers for owner-occupiers compared to private residential property, though investors purchasing a second residential property will incur Additional Buyer's Stamp Duty at the current rate of 20% per cent, materially affecting acquisition costs and required capital deployment.

Rental yields across Jurong East HDB estates typically range between 2.5 and 3.5 per cent gross, influenced by unit configuration, floor level, and proximity to MRT infrastructure. 257 Jurong East Street 24's location near Chinese Garden MRT positions it within this yield range, as the station connectivity supports tenant demand from workers commuting to employment hubs across the island. However, investors must appraise lease decay implications, as HDB flats are held on 99-year leases with diminishing time values affecting both rental market acceptance and resale prospects as leases shorten beyond the 70-year threshold.

Lease Dynamics and Long-Term Ownership

Understanding lease length represents a critical distinction between HDB ownership and private freehold property investment. Units at 257 Jurong East Street 24 carry lease terms established at the block's original construction date, meaning lease lengths vary depending on when the individual development was completed and registered. Buyers must obtain exact lease tenure information directly from HDB records before committing to purchase, as this fundamentally affects both financing eligibility and eventual resale marketability.

As leases approach 70 years remaining, resale prices typically experience acceleration in depreciation, reflecting declining investor appetite and financing constraints. The Singapore Government has periodically introduced programmes allowing leaseholders to renew leases or combine properties, though these involve complex procedures and cannot be assumed as automatic entitlements. Prudent buyers, particularly those planning ownership beyond 15 years, should factor these lease considerations into their decision framework, ensuring comfort with potential value trajectories across their intended holding period.

Comparative Market Positioning

Within the Jurong East precinct, HDB prices vary considerably based on block vintage, specific location relative to MRT stations, and unit size. 257 Jurong East Street 24 competes with other established blocks in the immediate vicinity, with per-square-foot valuations reflecting its maturity, accessibility, and the broader Jurong East market sentiment. Recent transacted prices across comparable blocks have ranged between S$470 and S$530 per square foot for similar configurations, positioning this development competitively within the wider western corridor market.

The development's appeal extends beyond pure pricing metrics to encompass location quality. Chinese Garden MRT Station ranks among the more pleasant interchange nodes, with excellent community spaces and lower congestion during commuting hours compared to CBD-centric stations. This positioning favours long-term owner-occupiers seeking a balanced lifestyle between urban connectivity and suburban residential character.

Buyer Suitability Assessment

First-time buyer families seeking a stepping stone into HDB ownership will find 257 Jurong East Street 24 functionally suited to their needs. The unit sizes accommodate young children, the neighbourhood offers good schools and family amenities, and the MRT connectivity enables working parents to access employment across the island. Purchase affordability aligns with typical grant structures available to first-time buyers, making the development accessible to young Singaporean households.

Upgraders transitioning from smaller flats to larger family homes recognise the enhanced spatial configuration this development provides. The neighbourhood maturity appeals to those seeking established community infrastructure rather than pioneering new estates. Investors evaluating this development as a passive income generator should factor conservative yield assumptions and lease decay trajectories into their internal rate of return calculations, ensuring purchase prices remain justified relative to rental income potential and long-term capital appreciation prospects.

Future Development and District Evolution

Jurong East's development trajectory continues evolving, with plans for greater office-to-residential conversion, enhanced retail experiences, and improved public realm quality. However, the district remains essentially fully developed, meaning large-scale new HDB releases are unlikely, supporting relative scarcity value for existing stock. The proximity to the Jurong Innovation District, centred several kilometres away, creates potential for employment growth that could drive continued demand for residential proximity to the area.

Buyers acquiring property in this development do so in a mature, stable neighbourhood with limited downside risk from neighbourhood degradation, but equally constrained upside from transformational urban renewal. This characterises 257 Jurong East Street 24 as a dependable, value-oriented proposition rather than a speculative asset, appealing to those prioritising stability and practical liveability over capital appreciation gambling.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 257 Jurong East Street 24 as an investment property?

Rental yields for HDB flats in Jurong East typically range between 2.5 and 3.5 per cent gross, with 257 Jurong East Street 24's proximity to Chinese Garden MRT positioning it within this band due to strong tenant demand from commuters. A unit acquired at approximately S$500,000 might generate monthly rental income between S$1,000 and S$1,500, though actual yields depend on specific unit configuration, floor level, and prevailing rental market conditions at the time of listing. Investors must also factor Additional Buyer's Stamp Duty of 20 per cent (S$100,000 on a S$500,000 purchase) if acquiring as a second residential property, which materially affects net-of-cost returns and requires careful cashflow modelling to ensure yield adequacy covers debt servicing and operational expenses.

How does the pricing at 257 Jurong East Street 24 compare to recent per-square-foot transactions in Jurong East?

Recent transacted prices across comparable HDB blocks in Jurong East have ranged between S$470 and S$530 per square foot for three-bedroom units of similar vintage and size. 257 Jurong East Street 24, with units spanning approximately 1,000 square feet, would therefore be valued within a range reflecting this per-square-foot market range, positioning it competitively relative to neighbouring blocks. The specific pricing advantage or premium depends on lease length remaining, floor level, orientation, and proximity to MRT infrastructure; units with longer remaining leases and better natural light typically command premiums, whilst those on lower floors or with shorter leases may trade at discounts relative to the median market rate.

What Additional Buyer's Stamp Duty implications apply if I am a Singapore Citizen purchasing this as my second residential property?

Singapore Citizens purchasing a second residential property, including HDB flats, incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20 per cent calculated on the purchase price. On a unit valued at S$500,000, this equates to S$100,000 in ABSD payable upon completion of the sale, substantially increasing your total acquisition costs beyond the property price itself. This 20 per cent rate applies regardless of your citizenship status or the property type, so careful financial planning is essential to ensure adequate capital reserves for both the purchase price and ABSD liability. Some buyers structure acquisitions through corporate vehicles or explore other structural options to potentially optimise tax efficiency, though such strategies require professional legal and tax advice prior to proceeding.

What lease length considerations should I understand before purchasing at 257 Jurong East Street 24?

All HDB flats are held on 99-year leases from the date of initial registration, meaning 257 Jurong East Street 24 units carry diminishing lease tenures depending on the block's original completion date. Most significantly, HDB financing becomes increasingly constrained as lease length shortens, with loans generally becoming unavailable once remaining lease falls below 30 years at point of sale. Beyond 70 years remaining, resale prices typically decelerate in capital appreciation and may experience faster depreciation, as investor appetite and financing accessibility decline considerably. Buyers must verify the exact lease length remaining by consulting HDB records before committing to purchase, ensuring the lease term aligns with their intended holding period and long-term financial objectives.

How does proximity to Chinese Garden MRT Station influence property demand and capital appreciation potential?

Chinese Garden MRT Station, situated 1.21 kilometres away, represents one of the North-South Line's key interchange nodes, providing residents rapid access to Central Business District employment, educational institutions, and regional commercial clusters across the island. This connectivity supports sustained tenant demand for investment properties, as commuters prioritise location accessibility when evaluating rental accommodation. The presence of an established, pleasant MRT station with minimal congestion during peak periods enhances appeal for owner-occupiers seeking balanced urban-residential lifestyle quality. Over long-term holding periods, MRT-proximate properties typically experience more stable capital appreciation compared to car-dependent locations, as public transport infrastructure represents a permanent competitive advantage unlikely to be displaced by future urban development.

Is 257 Jurong East Street 24 suitable for first-time homebuyers, upgraders, and investors differently?

First-time buyers will find 257 Jurong East Street 24 functionally well-suited, offering spacious three-bedroom units within the HDB scheme's financing accessibility, good neighbourhood schools, and established community amenities supporting young families. Upgraders transitioning from smaller flats appreciate the enhanced spatial configuration, mature estate infrastructure, and established social networks within the neighbourhood, though the Jurong East location offers less prestige appeal than central or north-eastern precincts for status-conscious occupants. Investors evaluating the development as income-generating assets should model conservative rental yield assumptions between 2.5 and 3.5 per cent, factor 20 per cent ABSD costs into acquisition analysis, and carefully assess lease decay trajectories; the development offers stable, lower-risk returns rather than capital appreciation upside.

What Total Debt Service Ratio (TDSR) headroom should I expect at typical price points for 257 Jurong East Street 24?

At an estimated purchase price around S$500,000, a buyer financing 80 per cent (S$400,000) over a 25-year tenure at prevailing HDB concessional rates would incur monthly loan repayments of approximately S$1,850 to S$2,050, depending on exact interest rates. The TDSR framework, capped at 55 per cent of gross monthly income for HDB buyers, would require monthly income of approximately S$3,400 to S$3,700 to comfortably service this debt alongside other obligations like credit cards, car loans, and insurance. Owner-occupiers with household incomes above S$5,000 monthly should experience adequate TDSR headroom, whilst single-income households below S$4,000 monthly may face financing constraints. Co-borrowing arrangements, spousal income aggregation, and CPF contribution optimisation strategies can expand financing accessibility for eligible buyers.

How does 257 Jurong East Street 24 compare to nearby competing HDB developments in the Jurong East precinct?

The Jurong East precinct comprises numerous HDB blocks constructed across multiple development phases, with competing developments including blocks within the Jurong East MRT Station vicinity, Boon Lay areas, and Chinese Garden precincts. Comparable blocks generally trade within similar per-square-foot ranges (S$470–S$530), though specific pricing depends heavily on individual block heritage, exact MRT proximity, lease length, and unit configuration. 257 Jurong East Street 24's key competitive advantage centres on Chinese Garden proximity, providing access to a major cultural and recreational space unmatched by many surrounding blocks. However, blocks in closer proximity to Jurong East MRT Station itself typically command premiums due to superior transport interchange convenience, though they may experience greater commuting congestion during peak hours.

Which floor levels and unit stacks at 257 Jurong East Street 24 offer best value for money?

Mid-level units spanning floors 4 through 8 typically represent optimal value at HDB developments, as they command minor premiums relative to lower floors whilst avoiding the reduced ceiling heights and air circulation issues sometimes present on ground and first-floor units. Units facing away from main roads experience reduced noise exposure and stronger night-time security perceptions, supporting rental and resale appeal amongst particular buyer cohorts. Corner units and those with east-facing orientations often attract premiums due to superior natural light and air circulation, though south-facing units in Singapore typically experience excessive solar heat gain, potentially increasing cooling costs. Investors evaluating 257 Jurong East Street 24 should prioritise mid-floor, non-corner units facing quieter aspects, as these typically offer superior rent-to-value ratios compared to premium-priced corner or upper-floor units.

What future supply and district evolution should I consider before investing at 257 Jurong East Street 24?

Jurong East remains essentially fully developed, with limited capacity for large-scale new HDB releases in the immediate precinct, supporting relative scarcity value for existing stock compared to greenfield HDB estates experiencing rapid supply expansion. Future evolution will likely centre on infill projects, estate renewal initiatives, and mixed-use intensification rather than substantial new residential supply, meaning existing properties like 257 Jurong East Street 24 benefit from constrained competition. The Jurong Innovation District, located several kilometres distant, continues development as a major employment generator, potentially driving sustained demand for residential accommodation within 15–20 minutes' commute distance. However, Jurong East itself is unlikely to experience transformational urban renewal, characterising this development as a stable, value-oriented long-term hold rather than a speculative asset dependent on neighbourhood gentrification.

[For Sale] 257 Jurong East Street 24 — From S$499K