Type

Units

Min Area

Price Range

4 BR

1292 sqft

S$868K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$868K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$174K on this acquisition.
Located 13 min (1.06 km) from JE5 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.

288A Jurong East Street 21: A Jurong East HDB Opportunity

288A Jurong East Street 21 represents a well-established Housing and Development Board residential block positioned within one of Singapore's most mature and economically vibrant planning areas. Located in Jurong East, this HDB development stands as part of the wider residential fabric that has shaped the western region's identity over decades. The block presents multiple unit typologies across its storeys, offering prospective buyers and investors a range of configurations suited to different household compositions and investment objectives.

Location and Transport Connectivity

Situated approximately 1.06 kilometres from Jurong East MRT Station, the development benefits from connectivity to the East-West Line and the Downtown Line interchange, a major transportation hub that facilitates movement across the island. The walking distance of roughly 13 minutes positions residents within a reasonable commuting radius for those reliant on public transport, particularly suited to working professionals with offices in the Jurong East financial and commercial corridor or elsewhere along these MRT lines. This proximity to a major interchange station has historically supported capital appreciation and rental demand for residential blocks in the surrounding area, as accessibility remains a primary value driver in Singapore's property market.

Jurong East as a Living and Investment Locale

The Jurong East planning district has evolved substantially over the past two decades, transforming into a mixed-use urban centre featuring financial institutions, retail developments, and extensive residential stock. Families and upgraders benefit from established schools, wet markets, shopping centres, and healthcare facilities clustered throughout the precinct. For investors, the maturity of the district translates to consistent tenant demand, particularly from relocating professionals and younger families seeking affordable yet well-serviced residential locations. The area's long-standing infrastructure and amenities reduce development risk compared to emerging neighbourhoods, providing relative stability to rental yields and capital preservation.

HDB Purchasing Considerations and Market Positioning

Properties at this address are available within a range that reflects secondary market pricing for the Jurong East locality. Prospective buyers should evaluate their financing requirements carefully, as loan eligibility and total debt servicing ratios become material factors at various price points within the HDB secondary market. First-time buyers upgrading from rental or smaller accommodation will find the block's established character and proven infrastructure particularly relevant, whilst investors assessing this development must factor rental yields against both acquisition costs and ongoing maintenance responsibilities inherent to older HDB blocks.

For those acquiring a second residential property, Additional Buyer's Stamp Duty at 20% applies to Singapore Citizens, materially increasing the effective purchase price and cash outlay required. This tax consideration necessitates careful financial planning and a thorough review of projected rental income against holding costs to validate investment viability. The secondary HDB market has demonstrated resilience, with blocks possessing strong MRT connectivity and located within established precincts showing sustained demand from both owner-occupiers and investors.

Unit Configurations and Space Planning

The development encompasses units ranging across different bedroom configurations, allowing buyers to select layouts matching their household needs or intended tenant profiles. Units vary in floor area and positioning within the block, factors that subtly influence both pricing and tenant appeal. Higher-floor units often command marginal premiums due to reduced noise and enhanced natural light, whilst units positioned away from lift cores may attract tenants valuing privacy and quieter living environments. Prospective buyers are advised to inspect multiple units and stack positions before committing, as even within a single block, micromarket variations affect both purchase and rental value.

Investment Yield and Rental Market Dynamics

The Jurong East precinct maintains a consistent rental market driven by expatriate assignments, young professionals, and families preferring the area's balance of affordability and established amenities. Estimated rental yields for HDB units in mature locations such as this typically range between 3% and 5% gross annually, though this varies based on specific unit configuration, floor level, and condition. Investors should conduct localized comparisons against recent tenancies in comparable blocks nearby to establish realistic yield expectations. The presence of a major MRT interchange nearby strengthens tenant retention and demand elasticity, supporting long-term yield stability.

Lease and Resale Value Implications

As an HDB property, the block operates under the standard 99-year leasehold structure common to all public housing in Singapore. Unlike private properties, HDB leases do not decay during the first 10 years of a flat's life following its initial completion, though buyers should remain aware that leasehold duration becomes an increasingly material consideration for resale value beyond the first two decades of ownership. For buyers with medium to long-term holding horizons, the established maturity of this block means lease decay represents a consideration for eventual disposition rather than an immediate concern. The government's lease extension and buyback schemes, available under specific conditions, provide additional pathways for lease management that distinguishing HDB from freehold private properties.

Comparative Market Context

Secondary HDB units in Jurong East typically trade within a competitive band reflecting both the precinct's maturity and the availability of alternative housing options in surrounding areas such as Clementi and Boon Lay. Blocks with superior MRT positioning, lower floor counts of origin, and more recent en-bloc upgrading generally command premium multiples, whilst blocks with comparable vintage and accessibility to 288A Jurong East Street 21 provide direct comparables for pricing benchmarking. Local agents specialising in Jurong East transactions can provide recent comparable sales data reflecting per-square-foot realizations for similar unit types and stack positions within the immediate locality.

Future Planning and District Evolution

The Jurong East area continues to undergo planning-level intensification, with mixed-use developments and urban renewal initiatives supporting sustained long-term demand for residential accommodation. Buyers should monitor future land-use announcements and transport infrastructure enhancements, as these shape future appreciation trajectories. The stability and maturity of the district suggest residential values remain anchored to fundamental supply-demand dynamics rather than speculative cycle fluctuations, supporting a prudent investment outlook for risk-conscious buyers.

Suitability for Different Buyer Profiles

First-time buyers benefit from the block's established character and proven track record, reducing uncertainty around future value retention and tenant demand. Owner-occupier upgraders appreciate the neighbourhood's maturity and proven amenities, whilst investors regard the location's MRT proximity and rental track record as foundational to yield expectations. The price point accommodates different financing capacities, making the development accessible across a broad spectrum of buyer profiles engaged in the secondary HDB market.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 288A Jurong East Street 21?

Units at this Jurong East HDB block typically generate gross rental yields in the range of 3% to 5% annually, depending on unit configuration, floor position, and current market conditions within the secondary HDB rental market. Jurong East maintains consistent tenant demand from professionals and families, supported by established infrastructure and MRT connectivity. To validate yield projections specific to this block, prospective investor-buyers should survey recent comparable lettings in adjacent blocks and cross-reference against current market rent data from property portals, ensuring their investment thesis accounts for both rental income and holding costs including conservancy charges.

How does per-square-foot pricing at 288A Jurong East Street 21 compare to recent secondary HDB sales in the area?

Secondary HDB pricing in Jurong East varies based on each block's vintage, MRT proximity, and recent upgrading status, with 288A occupying a middle positioning relative to nearby alternatives. Recent comparable transactions in Jurong East typically range between SGD 650 and SGD 750 per square foot depending on unit type and floor elevation, though this benchmark shifts as the secondary market experiences cyclical repricing. Buyers should request comparative market analysis from local agents specialising in Jurong East transactions to validate whether the current asking price for units at this address aligns with recent per-square-foot realizations for comparable typologies and stack positions within a 500-metre radius.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing a second residential property at this development?

Singapore Citizens acquiring a second residential property face Additional Buyer's Stamp Duty (ABSD) at the rate of 20%, materially increasing the effective purchase price beyond the advertised unit cost. For a unit purchased at SGD 868,000, ABSD would amount to approximately SGD 173,600, substantially reducing net investment capital and cash liquidity available for other purposes. This duty structure necessitates careful financial planning and stress-testing of investment returns; prospective second-property buyers must verify their total debt servicing ratio remains within acceptable thresholds once ABSD, acquisition costs, and ongoing holding expenses are factored into their financial models.

How does lease decay risk affect resale value and long-term investment viability for this HDB block?

As a 99-year HDB property, lease decay becomes a material factor for resale value primarily beyond the initial two decades of ownership, though buyers entering the market today should model lease duration as a long-term consideration affecting future buyer pools. HDB properties do not experience accelerated lease erosion during their first decade post-construction, providing medium-term stability; however, in the 30-year-plus horizon, lease duration becomes increasingly restrictive for financing and successively narrows the pool of eligible purchasers. The Singapore government's lease extension and buyback schemes, available under stipulated conditions, provide risk mitigation pathways that distinguish HDB from freehold alternatives, though buyers should factor the cost and timing of future lease extension exercises into multi-decade investment planning.

How does proximity to Jurong East MRT Station affect capital appreciation and tenant demand for this block?

Jurong East MRT Station's dual-line interchange (East-West and Downtown lines) positions 288A within a highly connected transport corridor, a primary driver of sustained capital appreciation and consistent tenant demand across multiple buyer demographics. Properties within 15 minutes' walk of major MRT interchanges historically demonstrate more resilient resale and rental markets compared to blocks requiring longer commutes, as accessibility underpins tenant willingness to pay premium rents and purchaser confidence in future liquidity. The established nature of this transport node, combined with ongoing Jurong East urban intensification planning, suggests long-term stability in demand fundamentals, reducing volatility risk for medium-term investors and owner-occupiers.

Which buyer profile is this development best suited to—first-timers, upgraders, high-net-worth individuals, or property investors?

288A Jurong East Street 21 is optimally positioned for owner-occupier upgraders transitioning from smaller rental or starter-flat accommodation and for property investors seeking stable rental yields within an established, low-uncertainty environment. First-time buyer couples with moderate purchasing power benefit from the block's established character, proven MRT connectivity, and established neighbourhood amenities; the secondary HDB market offers superior affordability compared to new launches or private alternatives. High-net-worth individuals typically favour private residential alternatives or premium HDB locations in central districts, whilst yield-focused investors regard this block's combination of stable rental demand, mature infrastructure, and mid-tier pricing as appropriate for wealth diversification within real-estate portfolio construction.

What financing headroom and TDSR implications apply at typical price points for units at this address?

Units at this development, priced within the SGD 850,000 range, require buyers to satisfy total debt servicing ratio (TDSR) constraints across their entire liability portfolio, including mortgage, car loans, credit cards, and other obligations. At a typical 70% loan-to-value ratio and current mortgage rates around 3.8% to 4.2%, monthly loan servicing on an SGD 600,000 mortgage approximates SGD 2,800 to SGD 3,000, necessitating household monthly income around SGD 7,500 to SGD 8,000 to remain compliant with TDSR caps. Buyers should liaise with financial advisors and mortgage brokers to conduct stress-tested servicing scenarios accounting for interest-rate escalation and property tax, ensuring adequate debt headroom for life-event contingencies and future borrowing needs.

How do competing nearby HDB developments and price points compare to this block?

Jurong East hosts multiple secondary HDB blocks of comparable vintage and connectivity within a narrow geographic radius, including units at nearby streets within the same precinct that offer direct competitive comparison. Blocks with superior recent upgrading (such as lifts or façade rehabilitation) typically command 5% to 10% price premiums, whilst blocks in similar condition trade within narrow band variations reflecting MRT distance and floor count. Prospective buyers are strongly encouraged to inspect comparable units at adjacent blocks (particularly those within 200 to 300 metres of 288A) to validate whether the current asking price represents fair market value or represents relative overvaluation compared to immediate alternatives.

Do specific floor levels or unit stack positions at this development offer superior value and capital appreciation potential?

Mid-range floor levels (approximately floors 3 to 10) often represent optimal value-for-money positioning, offering modest premiums relative to lower floors whilst avoiding the exaggerated pricing applied to highest-storey units prized for view and privacy benefits. Units facing away from major streets and positioned away from lift cores typically sustain marginally higher tenant retention and satisfaction, supporting rental stability and repeat letting cycles. Buyers and investors should inspect multiple stack positions within this block before committing, as unit-specific factors (orientation, facing direction, proximity to common areas) create micromarket variations in both owner-occupier appeal and tenant demand that justify comparative price analysis across the development's available inventory.

What future supply pipeline and planning intentions are anticipated for the Jurong East district that might affect property values?

Jurong East remains designated within Singapore's long-term planning framework as a secondary business district and mixed-use urban centre, with ongoing intensification targeting office, retail, and residential development across multiple sites. Urban renewal and rejuvenation initiatives continue incrementally, supporting sustained demand for established residential accommodation as the precinct densifies and demographic composition shifts towards younger professional cohorts. Buyers should monitor published land-use plans and transport infrastructure announcements (including any future rail extensions or station enhancements) published by the Urban Redevelopment Authority, as these shape future capital appreciation trajectories; however, the established maturity of the district suggests residential values remain anchored to fundamental supply-demand dynamics rather than speculative cycle fluctuations.

[For Sale] Hdb Flat At 288A Jurong East Street 21 — From S$868K