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Block 217 Jurong East Street 21

4 Room · Built 1985 · 59 years remaining lease · Updated Sep 2024 MOP Cleared

Block 217 Jurong East Street 21 has 12 recorded HDB resale transactions since 2017. Latest sale: $470,888 (Sep 2024, 4 room, floors 01–03). Median $4,541/sqm. Built 1985, 59 years lease remaining.

Latest Sale
$470,888
Sep 2024 · 4 ROOM · Floor 01-03
Median $/sqm
$4,541
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 57%
#127 / 224 Top 57%
Latest Sale ?
Top 65%
#145 / 224 Top 65%
Value ($/sqm) ?
Top 59%
#133 / 224 Top 59%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.52%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 59 years remaining 99 years
59 years 5 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,400 typically $3,250–$3,650 8.7% 6 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2024 01 TO 03 4 ROOM 91 sqm $470,888 $5,175
Jan 2023 10 TO 12 4 ROOM 91 sqm $450,000 $4,945
Jan 2023 07 TO 09 4 ROOM 91 sqm $475,000 $5,220
Oct 2022 10 TO 12 4 ROOM 91 sqm $480,000 $5,275
Feb 2022 07 TO 09 4 ROOM 92 sqm $428,000 $4,652
Sep 2021 01 TO 03 4 ROOM 91 sqm $402,000 $4,418
Mar 2020 01 TO 03 4 ROOM 91 sqm $355,000 $3,901
Sep 2019 04 TO 06 4 ROOM 91 sqm $365,000 $4,011
Jun 2018 07 TO 09 4 ROOM 91 sqm $413,000 $4,538
Nov 2017 07 TO 09 4 ROOM 92 sqm $418,000 $4,543
Jun 2017 10 TO 12 4 ROOM 92 sqm $415,000 $4,511
Feb 2017 04 TO 06 4 ROOM 92 sqm $405,000 $4,402
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 217 Jurong East Street 21

Block 217 at Jurong East Street 21 is a residential HDB block in Jurong East, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $355,000 to $480,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $470,888 in 2024-09. The current median price per square metre is $4,541. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8705, with an annual lease decay rate of approximately 0.52%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 217 Jurong East Street 21 worth?

The most recent resale transaction at Block 217 Jurong East Street 21 was $470,888 for a 4 room flat in 2024-09. The median price per square metre across all flat types is $4,541, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 217 Jurong East Street 21?

Block 217 Jurong East Street 21 was built in 1985 and has approximately 59 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 217 Jurong East Street 21?

Block 217 Jurong East Street 21 in Jurong East contains 4 room flats. Resale prices range from $355,000 to $480,000 based on historical transaction records from data.gov.sg.

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