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Block 223 Jurong East Street 21

4 Room · Built 1984 · 59 years remaining lease · Updated Oct 2023 MOP Cleared

Block 223 Jurong East Street 21 has 2 recorded HDB resale transactions since 2017. Latest sale: $458,426 (Oct 2023, 4 room, floors 01–03). Median $4,307/sqm. Built 1984, 59 years lease remaining.

Latest Sale
$458,426
Oct 2023 · 4 ROOM · Floor 01-03
Median $/sqm
$4,307
Based on 2 transactions
Total Transactions
2
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 58%
#129 / 224 Top 58%
Latest Sale ?
Top 67%
#151 / 224 Top 67%
Value ($/sqm) ?
Top 71%
#158 / 224 Top 71%
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
−0.51%/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 10 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.51%/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). This block has too few rentals on record, so figures shown are the Jurong East average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,500 typically $3,100–$3,650 7.6% Jurong East avg · block too thin
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
Oct 2023 01 TO 03 4 ROOM 94 sqm $458,426 $4,877
Sep 2018 01 TO 03 4 ROOM 99 sqm $370,000 $3,737
Showing 2 of 2 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 223 Jurong East Street 21

Block 223 at Jurong East Street 21 is a residential HDB block in Jurong East, Singapore, built in 1984 with approximately 59 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $370,000 to $458,426 based on 2 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $458,426 in 2023-10. The current median price per square metre is $4,307. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8723, with an annual lease decay rate of approximately 0.51%. 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 223 Jurong East Street 21 worth?

The most recent resale transaction at Block 223 Jurong East Street 21 was $458,426 for a 4 room flat in 2023-10. The median price per square metre across all flat types is $4,307, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 223 Jurong East Street 21?

Block 223 Jurong East Street 21 was built in 1984 and has approximately 59 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 223 Jurong East Street 21?

Block 223 Jurong East Street 21 in Jurong East contains 4 room flats. Resale prices range from $370,000 to $458,426 based on historical transaction records from data.gov.sg.

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