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[For Sale] Hdb Flat At 330 Jurong East Avenue 1 — From S$535K

330 Jurong East Avenue 1

1 for sale
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HDB

[For Sale] Hdb Flat At 330 Jurong East Avenue 1 — From S$535K

HDB Flat at 330 Jurong East Avenue 1
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1119 sqft S$535K
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$535K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$107K on this acquisition.
  • Located 14 min (1.2 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.

Price Trends & Rental Yield

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330 Jurong East Avenue 1: A Mature HDB Development in Jurong East

330 Jurong East Avenue 1 represents a well-established public housing project in one of Singapore's most vibrant commercial and residential precincts. Located in the heart of Jurong East, this development offers convenient access to multiple transport networks, employment opportunities, and lifestyle amenities that have made the district a preferred choice for families, young professionals, and investors alike.

The development's position within Jurong East places residents within a 14-minute walk or 1.2 kilometres from Chinese Garden MRT Station on the East-West Line. This proximity to a major transport node significantly enhances accessibility to Singapore's wider MRT network, enabling commuters to reach the central business district and other key employment areas with relative ease. The station also connects residents to the cultural and recreational offerings of the Chinese Garden itself, a 13.96-hectare heritage park featuring classical Suzhou-style landscaping.

Unit Specifications and Layout

Units at 330 Jurong East Avenue 1 feature practical configurations designed to accommodate multi-generational families and those seeking additional space. With interiors exceeding 1,100 sqft, these residences provide generous living areas that support modern work-from-home arrangements and entertaining. The combination of multiple bedrooms and bathrooms reflects contemporary standards for comfort and privacy, making the development suitable for those transitioning from smaller starter homes or upgrading from older estates.

The scale of the units has proven particularly attractive to families who require dedicated study spaces, guest bedrooms, or room for elderly parents. The floorplate efficiency of these layouts ensures that usable space is maximised, avoiding the cramped sensation that can occur in newer, more densely packed developments. This spatial advantage has historically supported both long-term occupancy satisfaction and resilience in the rental market.

Jurong East as a Residential and Commercial Hub

Jurong East has undergone significant transformation over the past two decades, evolving from a primarily industrial area into a mixed-use precinct anchored by the Jurong East Regional Centre. This transformation has attracted major corporations, retail operators, and hospitality providers, creating a diverse employment landscape that supports residential values. The district's strategic positioning within the Jurong Innovation District initiative has further enhanced its appeal as a location where residents can live and work within the same vicinity.

The neighbourhood's maturity is reflected in its comprehensive infrastructure. Shopping, dining, and entertainment options are abundant, ranging from the large Jurong Point mall to speciality retail precincts and hawker centres that cater to diverse tastes and budgets. Educational institutions, healthcare facilities, and sports complexes are well-distributed throughout the district, reducing reliance on travelling long distances for essential services. This integration of functions has made Jurong East particularly appealing to those who value convenience and self-sufficiency in their living environment.

Transport Connectivity and Accessibility

The East-West Line, on which Chinese Garden MRT Station operates, is one of Singapore's oldest and most heavily travelled lines. It provides direct connections to multiple commercial, educational, and recreational nodes across the island. From Chinese Garden Station, residents can reach Raffles Place in approximately 25 minutes, the National University of Singapore in roughly 15 minutes, and Changi Airport in approximately 35 minutes via a combination of MRT services and connections.

Beyond the MRT, the development benefits from extensive bus coverage operated by multiple transport operators. These services connect Jurong East to satellite towns in the west, as well as regional centres in other directions. The road network supporting the area is modern and well-maintained, with regular traffic management ensuring that congestion, whilst present during peak hours, remains manageable compared to other parts of Singapore. This multi-modal transport environment has historically supported consistent property values and strong tenant interest for investment-oriented buyers.

Investment Potential and Rental Yield Considerations

For investors considering 330 Jurong East Avenue 1, the development's mature status and central location within a major employment and residential district present compelling characteristics. The established neighbourhood has a proven track record of attracting tenants across diverse demographics, from young professionals working in Jurong East's corporate offices to families seeking convenient family-sized accommodation at realistic price points. Rental demand in Jurong East remains robust, supported by both the district's employment base and the general undersupply of moderate-sized family units across Singapore's private residential market.

The pricing structure of units in this development, relative to both newer launches in fringe areas and comparable stock in other mature estates, has historically allowed investors to achieve reasonable gross rental yields. These yields are substantially higher than those achievable in premium central locations, whilst still benefiting from the underlying capital appreciation that Singapore's well-connected neighbourhoods tend to experience over multi-decade timeframes. The prevalence of institutional-quality tenants and the reliability of the rental market in Jurong East have made similar developments attractive to portfolios focused on stable, long-term income generation.

Capital Appreciation and Long-Term Value

As an HDB property, units at 330 Jurong East Avenue 1 are subject to the five-year Minimum Occupation Period (MOP) before resale on the open market is permitted. However, once this initial period has elapsed, the property enters the general secondary market. Historical data from comparable estates in Jurong East and adjacent precincts demonstrate that well-maintained HDB flats in established locations with strong transport links have consistently appreciated in absolute terms, with particularly strong performances during periods of scarcity in the resale inventory.

The development's location within Jurong East's transformation narrative positions it favourably for medium to long-term appreciation. As the district continues to evolve and densify around its employment and mixed-use nodes, the relative value of accessible residential stock nearby tends to strengthen. Investors with holding periods exceeding ten years have historically benefited from both rental income and capital gains in properties positioned similarly to this development.

Suitability for Different Buyer Profiles

First-time home buyers represent a natural constituency for 330 Jurong East Avenue 1. The development's established infrastructure, proven rental market, and accessible pricing relative to new launches in peripheral areas provide a sound entry point into property ownership. First-timers benefit from the neighbourhood's maturity, where amenities are already well-established rather than promised in future phases, and where the community is settled and stable.

Upgraders moving from smaller flats or older properties find the spacious layouts and modern facilities of this development particularly attractive. The ability to accommodate extended family members or support work-from-home arrangements addresses the specific needs of households that have grown beyond their original accommodation. For such buyers, the combination of space, connectivity, and established amenities represents excellent value relative to private residential alternatives in comparable locations.

Property investors seeking to assemble portfolios of income-generating assets find appeal in the development's proven rental performance and achievable price points. The quantum required to acquire units here is typically lower than comparable stock in prime central locations, allowing investors to diversify across multiple assets rather than concentrating capital. This accessibility has historically attracted institutional and sophisticated individual investors focused on long-term wealth accumulation through property.

Financing and Loan Eligibility

As an HDB property, units at 330 Jurong East Avenue 1 qualify for HDB concessional loans, which carry interest rates and terms typically more favourable than private bank mortgages. This loan product is available to Singapore Citizens and Permanent Residents meeting HDB's eligibility criteria. The concessional nature of HDB financing has historically enabled a broader cross-section of the population to access homeownership within this development compared to private residential alternatives at equivalent price points.

Buyers should be mindful of their Total Debt Servicing Ratio (TDSR) obligations. Banks typically assess TDSR at a maximum of 60%, encompassing all existing liabilities including car loans, personal loans, and any other outstanding debt obligations. At typical price points for units within this development, standard loan amounts and tenors generally accommodate purchasers with secure employment and reasonable existing debt profiles. Those with substantial existing liabilities should seek pre-approval and professional financial advice to understand their exact borrowing capacity.

Buyer Stamp Duty and Additional Acquisitions

First-time home buyers acquiring their primary residence benefit from full stamp duty exemption on the purchase price. This is a significant financial advantage, reducing the total acquisition cost of entry into property ownership.

Second-property buyers and investors should be aware that Additional Buyer's Stamp Duty (ABSD) is payable at the rate of 20% for a Singapore Citizen purchasing a second residential property. This duty is calculated on the purchase price and is payable upon completion of the transaction. For example, a property purchased at S$500,000 would trigger ABSD of S$100,000 in addition to standard stamp duty, creating a total duty and tax bill that must be carefully factored into the investment case. Permanent Residents face marginally higher ABSD rates, whilst foreign buyers face the highest rate structure. This significant cost must be incorporated into yield calculations and return-on-investment assessments for second-property acquisitions.

Market Comparables and Competitive Positioning

330 Jurong East Avenue 1 competes within the broader market for spacious, family-sized HDB units in central-west Singapore. Comparable estates in the immediate vicinity, including Pioneer, Lakeside, and other developments within the greater Jurong region, offer units of similar scale and vintage. The pricing of units at 330 Jurong East Avenue 1 reflects the development's maturity, transport connectivity, and position within an established employment and amenity precinct.

Recent transaction data from comparable areas suggests strong pricing resilience and, in many cases, steady appreciation relative to transactions from two to three years prior. The supply of new three-bedroom, multi-bathroom units in the central-west region has remained constrained in recent years, supporting values in existing inventory. Buyers evaluating this development should consider not only absolute price per square foot relative to competing stock, but also the development's transport advantages, neighbourhood amenities, and long-term demographic trends supporting demand for centrally-located family housing.

Future District Development and Upside Potential

Jurong East continues to be a focus area for Singapore's urban planning and infrastructure development strategy. The Jurong Innovation District initiative, which aims to position the precinct as a hub for advanced manufacturing, clean energy, and technology sectors, promises continued employment growth and infrastructure investment. As this vision is realised through the completion of new office parks, research facilities, and enhanced transport connections, the residential stock serving this labour market is likely to experience sustained demand.

Additionally, Singapore's housing policy continues to emphasise the importance of public housing in meeting diverse demographic needs. Mature estates like Jurong East are unlikely to experience significant greenfield redevelopment in the near term; instead, improvements tend to be more incremental, focused on precinct-level enhancements and selective en-bloc redevelopment of older blocks. This stable supply environment, combined with ongoing demand from families and workers in the district, positions holdings at 330 Jurong East Avenue 1 favourably for long-term ownership.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 330 Jurong East Avenue 1?

Gross rental yields for spacious family-sized units at 330 Jurong East Avenue 1 typically range between 2.5% and 3.5% annually, depending on exact unit configuration, floor level, and prevailing rental market conditions. This yield range assumes acquisition at current market prices and assumes competitive rental positioning relative to comparable available stock in the district. The maturity of Jurong East as an employment and residential centre, combined with the relative scarcity of moderately-priced family units across Singapore, has historically supported consistent tenant demand and rental resilience. Investors should note that yields vary based on financing structure; those purchasing with cash benefit from the full gross yield, whilst those financing a significant portion experience net yields after loan servicing costs. Consultation with rental market specialists can provide more precise yield projections based on specific unit configurations.

How does the price per square foot at 330 Jurong East Avenue 1 compare to recent transactions in Jurong East?

Price per square foot at 330 Jurong East Avenue 1 is competitive relative to recent secondary market transactions in comparable Jurong East estates, typically ranging between S$450 and S$550 per square foot depending on unit size, floor level, and specific transaction circumstances. This pricing compares favourably to new launch developments in outer regions offering similar unit sizes and is substantially lower than comparable stock in prime central locations such as Toa Payoh or Ang Mo Kio. Recent transaction data from the broader Jurong estate group shows pricing stability with moderate appreciation relative to transactions from 18 to 24 months prior, suggesting the market has valued the precinct's established infrastructure and strong transport connectivity. Buyers should request recent comparable sales data from their legal representatives or property agents to confirm exact positioning relative to the most current market transactions.

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

Singapore Citizens purchasing a second residential property at 330 Jurong East Avenue 1 are liable for Additional Buyer's Stamp Duty (ABSD) at the rate of 20% of the purchase price. This duty is payable upon completion of the transaction in addition to standard stamp duty. For illustrative purposes, a property acquired at S$550,000 would incur ABSD of S$110,000, materially increasing the total cash outlay required at completion. This 20% rate applies specifically to Singapore Citizens acquiring residential property as a second home; Permanent Residents face a higher rate of 25%, whilst foreign purchasers face 35%. For investment-focused buyers, this substantial upfront cost must be incorporated into the return-on-investment analysis and cash-flow planning. The ABSD can be financed as part of the overall mortgage in some circumstances, though this extends the loan tenor and increases total interest costs.

How does lease decay affect long-term resale value for properties at 330 Jurong East Avenue 1?

As HDB flats, properties at 330 Jurong East Avenue 1 typically carry 99-year or 999-year leasehold tenure at the point of first sale. For 99-year leasehold properties, lease decay becomes a material consideration as the property ages, particularly once the remaining lease falls below 90 years. Banks become increasingly reluctant to finance properties with short remaining leases, and buyer pools contract accordingly, which can suppress resale values and reduce marketability. However, the HDB resale market has historically benefited from lease-extension programmes and policy supportive of mature estates, providing a degree of mitigation against extreme depreciation. Properties within this development, if newly acquired, would typically have substantial lease remaining and would not experience material decay effects for several decades. Buyers should confirm the exact lease tenure of specific units and understand the lease extension process should they anticipate holding the property beyond a 50 to 60-year period.

How does proximity to Chinese Garden MRT Station influence property values and tenant demand?

Proximity to Chinese Garden MRT Station, just 1.2 kilometres away, is a material positive for both capital appreciation and rental performance at 330 Jurong East Avenue 1. The East-West Line is one of Singapore's most heavily utilised lines, providing direct connectivity to major employment centres, educational institutions, and recreational areas across the island. Properties within walking distance of MRT stations command a rental and resale premium relative to equivalent units further from transport nodes, as tenants and buyers place significant value on commute reduction and operational flexibility. The availability of alternative transport modes, including comprehensive bus coverage, further enhances the development's accessibility and appeals to a broader demographic of potential tenants and buyers. Long-term capital appreciation in MRT-proximate properties has historically outpaced that of properties in car-dependent locations, making location relative to Chinese Garden Station a meaningful contributor to the investment case.

Which buyer profiles are best suited to purchasing at 330 Jurong East Avenue 1?

First-time home buyers seeking entry into property ownership at accessible price points find strong suitability in this development, benefiting from the neighbourhood's maturity and the absence of speculative acquisition risk inherent in new launch projects. Upgraders transitioning from smaller flats to family-sized accommodation are equally well-served, as the spacious layouts and established amenities address the practical needs of growing households. Property investors with medium to long-term holding horizons are attracted to the proven rental demand in Jurong East, the lower quantum required relative to comparable stock in prime areas, and the potential for portfolio diversification across multiple units. Expatriate families with definite, multi-year assignment tenure in Singapore often find this development particularly suitable, as the rental infrastructure is mature and international tenant awareness of the location is well-established. Finally, owner-occupiers prioritising proximity to employment centres in Jurong East itself benefit from the development's location within the district's employment and mixed-use ecosystem.

What financing challenges might arise for buyers at typical price points for this development?

At typical price points for units at 330 Jurong East Avenue 1, most buyers with stable employment and moderate existing debt can access HDB concessional loans up to approximately 80% of the purchase price, with loan tenors extending to 25 or 30 years depending on age and employment circumstances. The Total Debt Servicing Ratio (TDSR) cap of 60%, which banks impose as a risk management measure, can present challenges for buyers with existing vehicle loans, personal loans, or credit card commitments. For example, a buyer with S$200,000 in existing debt obligations may find their remaining borrowing capacity constrained even if absolute income levels are substantial. To mitigate TDSR constraints, buyers should consider accelerating repayment of existing unsecured liabilities prior to applying for a mortgage, or should engage in pre-approval discussions with HDB or partner commercial banks to understand exact borrowing capacity. First-time buyers often face fewer constraints, as they qualify for concessional HDB financing and frequently have limited existing debt profiles.

How does 330 Jurong East Avenue 1 compare to nearby competing developments in the district?

330 Jurong East Avenue 1 competes directly with estates such as Pioneer, Lakeside, and other developments within the broader Jurong family of public housing precincts. Relative to Pioneer, which occupies a slightly more peripheral location south of the main Jurong East employment and retail concentration, 330 Jurong East Avenue 1 benefits from closer proximity to the regional centre and greater walking connectivity to shopping and dining options. Lakeside, positioned on the eastern fringe of the Jurong precinct, offers scenic waterfront positioning that attracts a particular subset of buyers, though typically at a pricing premium. In terms of absolute price per square foot and availability of spacious family units, 330 Jurong East Avenue 1 remains competitively positioned relative to these comparables. Buyers evaluating options within Jurong East should assess not only the development's absolute pricing but also the specific location within the district relative to their employment, preferred amenities, and commute patterns to other parts of Singapore.

Are certain unit stacks or floor levels at this development better value propositions than others?

Unit value at 330 Jurong East Avenue 1 is influenced by floor level, stack position, and facing direction, though these variables are often subordinate to unit size and overall market conditions. Mid-stack units, typically between the 5th and 12th floors, offer superior ventilation and light compared to lower floors whilst avoiding the potential noise and vibration associated with very high levels in older developments. East or north-facing units often command modest premiums due to favourable light and thermal characteristics, though preferences vary based on individual circumstances. Lower-floor units can represent value opportunities for those less concerned with privacy or views, particularly given the mature landscaping and established surroundings at this development. Ground and lower-level units may face marginal discounting relative to mid-stack comparables, creating acquisition opportunities for cost-conscious buyers unconcerned with elevation factors. Investors and occupiers should evaluate specific units in context of the broader market rather than relying on generalised floor-level premiums, as individual circumstances often deviate from average patterns.

What future supply and planning considerations might affect property values in Jurong East?

Jurong East is designated as a Regional Centre within Singapore's planning hierarchy and continues to be the focus of significant economic development initiatives, including the Jurong Innovation District and the Western Development Cluster frameworks. However, the constraint on new HDB launches in mature precincts means that new supply of public housing in Jurong East itself is unlikely to accelerate materially in the medium term. This supply constraint, combined with ongoing demand from the district's growing employment base and demographic trends favouring accessible family housing, positions existing stock favourably for long-term value retention. The planning narrative around Jurong East emphasises advanced manufacturing, clean energy, and technology sector clustering, which would support sustained employment and therefore residential demand. Selective en-bloc redevelopment of certain older blocks remains a theoretical possibility, though such projects are typically preceded by lengthy consultation and planning processes. On balance, the planning environment appears supportive of mature estate values, with limited near-term disruptive supply threats and ongoing infrastructure investment supporting the neighbourhood's appeal.