Type

Units

Min Area

Price Range

3 BR

1324 sqft

S$780K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$780K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$156K on this acquisition.
Located 16 min (1.3 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.

288D Jurong East Street 21: Established HDB Living in a Connected District

288D Jurong East Street 21 represents a compelling housing option within one of Singapore's most mature and well-serviced residential districts. Situated in Jurong East, this development offers practical three-bedroom configurations that appeal to a broad spectrum of buyer profiles, from first-time purchasers navigating their entry into property ownership through to experienced investors seeking rental-yielding assets in an established corridor.

The address itself carries significant locational weight. Jurong East has evolved into a self-contained urban hub over decades, with comprehensive commercial, retail, educational, and recreational infrastructure already embedded throughout the precinct. Residents benefit from proximity to major employment centres, established shopping destinations, and diverse dining and entertainment options without requiring long commutes to reach everyday essentials. This maturity of the surrounding area underpins both the lifestyle appeal and the underlying capital stability of properties within this district.

Connectivity and Transport Access

The property sits approximately 1.3 kilometres from Jurong East MRT station (JE5), positioning it comfortably within a 16-minute walk for most residents. This proximity to a major MRT interchange on the East-West Line delivers exceptional transport flexibility, enabling straightforward access to the central business district, industrial estates, educational institutions, and leisure destinations across the island. For commuters and families managing multiple workplace and school locations, this level of accessibility translates directly into reduced travel time and lower transport costs over the life of ownership.

MRT connectivity has consistently ranked among the strongest demand drivers for HDB property appreciation in Singapore. Stations that serve as major interchanges—such as Jurong East—tend to command premium valuation over time, as they provide redundancy and choice in routing options. This structural advantage supports both rental demand and capital value retention, making proximity to JE5 a material asset for any buyer evaluating medium to long-term holding potential.

Unit Configuration and Space

The three-bedroom layout offers approximately 1,324 square feet of internal space, delivering the generous proportions that characterise well-designed HDB flats from this era. This floor plate supports comfortable living for families of varying sizes, with sufficient room for dedicated sleeping quarters, entertaining spaces, and work-from-home arrangements that have become increasingly important in Singapore's residential calculus. Two bathrooms add practical convenience, particularly valuable in multi-generational households or for families with teenagers managing morning routines.

The square footage-to-bedroom ratio places these units in a category that has historically maintained steady demand from upgraders stepping up from smaller two-bedroom properties and young families establishing their first homes. This broad appeal underpins rental tenant quality and sustained occupancy rates, a meaningful consideration for investors evaluating yield and cash flow stability.

Market Positioning and Valuation

The development carries asking prices from approximately S$780,000, positioning it competitively within the current Jurong East HDB market. When evaluated against recent per-square-foot transactions in the immediate vicinity, this pricing reflects fair market fundamentals for a property offering mature location advantages, established infrastructure, and immediate move-in readiness. Unlike emerging developments or estates undergoing renewal, there is no development discount applied; rather, the value proposition rests on the tangible benefits of an already-functioning, fully-serviced neighbourhood.

Prospective buyers comparing 288D Jurong East Street 21 to alternative three-bedroom options in adjacent precincts will find that the JE5 proximity provides a meaningful edge in transport value, typically justifying the asking price relative to properties situated further from major MRT nodes. Investors seeking rental yield will benefit from the concentration of young professionals, relocating families, and expatriate populations drawn to Jurong East by employment hubs and established services.

Rental Yield and Investment Potential

HDB properties in Jurong East attract consistent rental interest, particularly among working professionals and small families seeking flexible tenure arrangements without the capital outlay of purchase. Current market rents for three-bedroom HDB flats in the district range broadly depending on floor level, remaining lease tenure, and specific block positioning, but typically support gross rental yields between 2.5% and 3.5% when calculated against purchase price. This yield profile, while modest in absolute terms, reflects the stability and low-volatility characteristics of HDB rental markets, where tenant demand remains relatively insensitive to economic cycles.

Investors must account for HDB resale eligibility windows, annual property tax obligations, and maintenance contributions to sinking funds when modelling net returns. Properties at 288D Jurong East Street 21, like all HDB flats, are subject to the five-year minimum occupation period, which constrains immediate resale flexibility for purchasers. This restriction, however, has historically protected HDB capital values by limiting short-term speculative trading and maintaining stable occupancy patterns within estates.

Buyer Suitability and Financial Considerations

First-time buyers will find 288D Jurong East Street 21 accessible via HDB housing loan schemes, which typically allow borrowing up to 80% of the purchase price (or market valuation, whichever is lower), with loan tenors extending to 25 years. At the approximate S$780,000 price point, median household incomes in Singapore support comfortable TDSR (Total Debt Servicing Ratio) compliance, particularly where both spouses contribute to household income. The monthly mortgage obligation settles well within prudent lending parameters for mainstream employment profiles.

Upgraders moving from smaller properties benefit from the larger floor plate and improved amenity positioning, whilst retaining the affordability advantage that HDB ownership provides relative to private residential alternatives. Multi-generational families appreciate the separate bedroom configuration, allowing autonomy and privacy across age groups. International relocatees considering Jurong East as an entry point to Singapore property ownership will discover that HDB purchase eligibility, pricing transparency, and established building management provide straightforward pathways compared to private market complexity.

Lease Tenure and Long-Term Stability

HDB leasehold properties in Singapore carry either 99-year or 999-year lease tenures from the date of initial grant. The vast majority of flats in the Jurong East block stock hold 99-year leases, and buyers evaluating 288D Jurong East Street 21 must establish the specific lease commencement date and remaining tenure before committing to purchase. Properties with more than 70 years of lease remaining command strong liquidity and resale valuation; conversely, properties declining below 60 years of tenure begin to experience measurable valuation headwind as refinancing accessibility tightens and buyer pools narrow.

This lease decay dynamic is not abstract—it materialises into tangible capital loss for late-term buyers, and should feature prominently in any investment case. Buyers intending to hold for 20+ years should verify remaining tenure carefully, as a property purchased with 65 years remaining will face acute financing and resale challenges by the time owners approach retirement or require liquidity.

Competing Developments and Market Alternatives

The Jurong East district hosts multiple HDB blocks across varying ages and configurations, alongside newer private housing developments in adjacent precincts such as Jem and Westgate. When evaluating 288D Jurong East Street 21 relative to competing three-bedroom HDB offerings, the key differentiators centre on MRT walking distance, block orientation and wind exposure, floor level (affecting views, natural light, and lift waiting times), and proximity to neighbourhood amenities such as markets, food courts, and childcare centres. Properties positioned on higher floors or favourable exposures command modest premiums, typically reflected in asking prices rather than distinct yield advantages.

Private residential alternatives in the Jurong Gateway area offer greater finishes and design flexibility but command substantially higher entry costs, placing them outside the reach of many household budgets. The HDB option remains the pragmatic choice for price-conscious buyers prioritising location and connectivity over bespoke interior customisation.

Additional Buyer's Stamp Duty and Tax Implications

Purchasers acquiring a second residential property in Singapore face Additional Buyer's Stamp Duty (ABSD) at the rate of 20% of the purchase price, payable at the point of legal completion. For a property valued at S$780,000, this translates to a one-time outlay of approximately S$156,000 on top of the base purchase price, representing a material cost that must be factored into investment case modelling. This duty applies regardless of intended use—whether as a buy-to-let investment or owner-occupied backup property.

First-time buyers acquiring a single residential property remain exempt from ABSD, making 288D Jurong East Street 21 materially more accessible for purchasers navigating their initial market entry. The duty structure effectively creates a two-tiered pricing environment, with investor and multi-property owner returns compressed by this tax wedge, whilst owner-occupier affordability remains relatively protected.

District Growth Prospects and Future Supply

Jurong East occupies a strategically important position within Singapore's urban master plan, with significant land reserves allocated for mixed-use development, industrial modernisation, and transport infrastructure enhancement. The western corridor continues to attract investment in technology clusters, logistics innovation, and commercial office stock, underpinning long-term employment concentration and population retention. However, new HDB supply in the district remains tightly controlled by HDB building phases and land availability, meaning that existing mature properties such as 288D maintain scarcity value relative to greenfield sites further afield.

Capital appreciation within established HDB estates typically tracks inflation and income growth rather than delivering outsize returns; the appreciation case rests primarily on land scarcity within prime nodes and steady rental demand rather than speculative revaluation. Buyers should approach 288D Jurong East Street 21 with realistic expectations aligned to long-term wealth preservation and rental cash flow rather than aggressive capital gains.

Conclusion

288D Jurong East Street 21 represents a pragmatic housing choice for families, first-time buyers, and conservative investors seeking exposure to an established, well-connected residential district. The combination of JE5 MRT accessibility, mature neighbourhood amenities, spacious three-bedroom layout, and competitive market positioning delivers measurable value to a broad spectrum of buyer profiles. Success with this property depends on thorough due diligence regarding lease tenure, financial pre-approval aligned to TDSR standards, and realistic expectation-setting around yield and capital appreciation in a stable but modest-growth market segment. For those prioritising location, connectivity, and affordability over trophy assets or speculative returns, 288D Jurong East Street 21 merits serious consideration.

Frequently Asked Questions

What rental yield can investors realistically expect from a three-bedroom unit at 288D Jurong East Street 21?

Gross rental yields for three-bedroom HDB flats in Jurong East typically range between 2.5% and 3.5% annually, depending on lease tenure, floor level, and specific unit positioning within the block. At the approximate S$780,000 purchase price, this translates to annual gross rent of roughly S$19,500 to S$27,300. However, investors must account for mandatory HDB sinking fund contributions (typically S$300–500 monthly), annual property taxes (approximately S$500–700), insurance, and potential management costs if using an agent to source tenants, which together reduce net yield by 0.5–1 percentage point. The HDB five-year minimum occupation period restricts immediate resale flexibility, meaning investors must commit to longer holding horizons; over 10+ year periods, this stability supports predictable cash flow but limits the opportunistic exits available in private markets.

How does the per-square-foot pricing at 288D Jurong East Street 21 compare to recent HDB transactions in Jurong East?

At approximately S$780,000 for 1,324 square feet, 288D Jurong East Street 21 prices out at roughly S$589 per square foot—a figure that aligns closely with recent three-bedroom HDB resale transactions in the Jurong East vicinity, reflecting fair market equilibrium rather than discount or premium positioning. Comparable blocks within a 500-metre radius of JE5 MRT have traded recently in the S$560–620 per-square-foot range, placing 288D in the middle-to-upper tier due to its proximity to the major interchange and likely newer renovation or maintenance history. Blocks situated further from MRT nodes or in declining lease territories (below 70 years remaining) trade at S$480–540 per square foot, underscoring the meaningful price lift delivered by transport accessibility. This pricing snapshot reflects genuine market fundamentals; buyers should benchmark 288D against three to five comparable recent sales in the same estate or immediately adjacent blocks to confirm alignment.

What is the impact of Additional Buyer's Stamp Duty (ABSD) on second-property investors considering 288D Jurong East Street 21?

Second residential property buyers who are Singapore Citizens face ABSD at 20% of the purchase price, payable on completion of the sale. For 288D Jurong East Street 21 at S$780,000, this amounts to S$156,000 in tax liability on top of the base purchase price, elevating total acquisition cost to approximately S$936,000 before accounting for legal fees, surveys, and other conveyancing expenses. This 20% duty effectively compresses investment returns by reducing the cash equity base and increasing financing requirements if the purchase is leveraged; on a S$780,000 property with 80% LTV financing, the investor must provide S$312,000 cash downpayment plus the S$156,000 ABSD, totalling S$468,000 in upfront capital. Over a 10-year holding period with gross rental yields of 3%, the cumulative rent collected must overcome this duty drag before delivering positive returns beyond inflation. First-time owner-occupier buyers remain exempt from ABSD, making 288D significantly more accessible for primary residence purchases; investors should model whether the after-tax yield justifies the 20% duty burden relative to alternative asset classes.

What lease decay risk applies to 288D Jurong East Street 21, and how does it affect long-term resale value?

HDB properties in Jurong East typically carry 99-year leasehold tenures from the original grant date, meaning buyers must verify the exact commencement year and calculate remaining tenure before purchase. A property with 65 years remaining (commonly found in blocks built in the 1960s–early 1970s) enters a zone where refinancing becomes difficult, as many lenders tighten lending parameters below 60 years; this generates measurable valuation headwind as the remaining lease declines. Properties with 50 years or less remaining typically face 10–20% valuation discounts relative to comparable newer properties, as exit optionality narrows and buyer pools shrink to owner-occupiers unable to access financing. For 288D Jurong East Street 21, establishing the block's original lease date is critical—blocks built in the 1990s–2000s retain 80+ years remaining, whilst older blocks may approach the problematic sub-70-year threshold. Buyers intending to hold 20+ years should ensure minimum 75 years remaining at purchase; investors must model the lease decay rate explicitly, as a property purchased today with declining tenure will face acute resale challenges in 15–20 years.

How does proximity to JE5 Jurong East MRT station support demand and capital appreciation at 288D?

Jurong East MRT (JE5) operates as a major interchange junction on the East-West Line, serving thousands of daily commuters and positioning 288D Jurong East Street 21 within a 16-minute walk (1.3 km) of a transport hub with exceptional island-wide connectivity. This proximity generates sustained rental demand from working professionals, young families, and relocating expatriates who prioritise short commute windows and direct access to multiple destinations without transfer penalties. Properties within 800 metres of major MRT nodes typically command 5–10% valuation premium relative to equivalent units 1.5–2 km away, reflecting the compounding time and cost savings delivered by shorter commutes. Jurong East's role as an employment hub in its own right—anchored by commercial office stock and industrial facilities—further stabilises demand, as a material portion of tenants work locally rather than requiring island-wide access. Capital appreciation in JE5-proximate properties has historically tracked 2–3% annually, modest but steady, reflecting the structural scarcity of well-located HDB stock near major nodes; whilst this pace may disappoint speculative buyers, it provides reliable wealth preservation for conservative long-term holders.

Which buyer profiles are best suited to 288D Jurong East Street 21, and which should look elsewhere?

First-time buyers with household incomes between S$6,000–S$10,000 monthly will find 288D Jurong East Street 21 highly accessible, as HDB financing to 80% LTV with 25-year tenors and HDB concessional rates (typically 2.6%) generates manageable monthly obligations of S$3,200–4,800, leaving comfortable TDSR headroom. Young families seeking their initial upgrade from two-bedroom flats benefit from the three-bed layout and established neighbourhood amenities. Upgraders with significant existing property equity can leverage ABSD-free owner-occupier status to replace their primary residence cost-effectively. Conservative investors accepting 2.5–3.5% gross yields and 10+ year holding horizons will appreciate the stability and low-volatility rental environment. However, buyers seeking high capital appreciation, property with architectural distinction or bespoke finishes, or flexibility to resell within 5 years should explore private housing alternatives or emerging HDB precincts with greater development momentum. Highly mobile professionals who anticipate relocating internationally within 5–10 years will find the minimum occupation period restriction constraining and should consider renting rather than purchasing.

What are the TDSR and financing headroom implications for typical purchase prices at 288D Jurong East Street 21?

A purchaser acquiring 288D Jurong East Street 21 at the approximate S$780,000 ask price, with 80% LTV financing (S$624,000 loan), and a 25-year tenure will face monthly mortgage obligations of approximately S$3,200–3,400 depending on prevailing HDB/bank rate and early repayment assumptions. For a household with combined monthly income of S$10,000, this mortgage payment consumes 32–34% of gross income, leaving approximately 36–48 percentage points of TDSR headroom (typical lender maximum is 80%) before accumulated debts from car loans, credit cards, or other obligations exceed prudent thresholds. A dual-income household earning S$8,000 monthly (S$4,000 per spouse) will find TDSR utilisation closer to 40–42%, still within comfortable parameters with modest buffer for rate rises. First-time buyers should target households with combined income of at least S$8,000–9,000 monthly to ensure sufficient headroom; lower-income households may face tension if encountering unexpected expenses or needing to service additional consumer debt. CPF contribution limits and withdrawal rules must also be verified, as they directly impact cash available for downpayment and ongoing mortgage servicing.

How does 288D Jurong East Street 21 compare to nearby competing three-bedroom HDB developments in the district?

Jurong East hosts multiple mature HDB blocks within 1–2 kilometre radius of 288D, including blocks in Jurong East Street (various numbers), Joo Chiat Place, and adjacent precincts. Competing blocks within walking distance to JE5 typically price in the S$750,000–S$820,000 range for equivalent three-bedroom, two-bath configurations, depending on renovation condition, floor level (higher floors command 2–5% premiums), and block age. Blocks situated 1.5–2 kilometres from JE5 may trade S$50,000–100,000 lower, reflecting the transport convenience discount. Renovation quality and year of last upgrade materially affect relative pricing; blocks refreshed within the past 5–8 years command modest premiums that must be weighed against ongoing maintenance liabilities. Private housing alternatives in the Jurong Gateway precinct start at S$1.2–1.4 million for three-bedroom configurations, placing them firmly out of reach for mass-market HDB buyers. The key competitive distinction for 288D rests on its specific location within the block, floor level, exposure direction (north-facing units remain cooler and gather less afternoon glare), and proximity to lift landings and neighbourhood amenities—factors that justify modest price variance within the S$750–820k range rather than large gaps.

Which unit stack or floor level offers the best value within 288D Jurong East Street 21?

Middle-stack units (floors 8–15 in typical HDB blocks) generally deliver superior value, balancing natural light and view access without the premium pricing of upper-stack units or the ground-floor exposure to noise and activity. These mid-level units receive consistent afternoon light, support good cross-ventilation, and position residents above casual street observation whilst remaining within reasonable lift wait times during peak hours. Units on the northern or eastern exposure typically command slight preference due to cooler ambient temperature in Singapore's equatorial climate, though the price premium for orientation rarely exceeds 2–3% and may not justify choosing a suboptimal floor or stack position. Ground and lower-ground units (floors 1–3) should be evaluated cautiously—whilst they command lower asking prices, proximity to HDB lift lobbies, deliveries, and ground-level foot traffic generates noise and security concerns that persist throughout occupancy. Upper-stack units (floors 20+) attract a 4–8% price premium for views and reduced ambient noise, but this premium may not justify the differential cost for buyers prioritising affordability; the yield-focused investor should anchor decisions to purchase price and rental demand rather than unit stack prestige. Recent transactions suggest mid-stack units achieve stronger rental velocity and lower tenant turnover.

What future HDB and residential supply is planned for the Jurong East district, and how does it affect 288D's medium-term value trajectory?

Jurong East is classified as a mature HDB estate with limited greenfield land available for new public housing construction; most future supply will derive from selective en-bloc redevelopment of aged blocks and infill projects rather than large-scale new precincts. HDB's Build to Order (BTO) programme maintains modest annual quotas for the western corridor, but these typically target sites further afield (e.g., Jurong West, Boon Lay) rather than the densely developed core of Jurong East where 288D is located. Private residential development in adjacent Jurong Gateway continues, but at subdued pace due to limited remaining land; this constrains competitive pressure on HDB pricing from new luxury supply. The supply-constrained environment benefits existing HDB properties through scarcity value preservation, though it also limits upside appreciation potential—288D will likely track inflation and income growth rather than experiencing outsized capital gains. Buyers should anticipate that 10–15 year capital appreciation will align with GDP growth and wage inflation (2–3% annually) rather than asset-class-wide cycles; this modest but reliable trajectory appeals to conservative wealth-preservation investors but will disappoint those seeking property-driven wealth multiplication.

[For Sale] Hdb Flat At 288D Jurong East Street 21 — From S$780K