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Block 228 Jurong East Street 21

4 Room · 5 Room · Built 1987 · 61 years remaining lease · Updated Oct 2025 MOP Cleared

Block 228 Jurong East Street 21 has 20 recorded HDB resale transactions since 2017. Latest sale: $532,500 (Oct 2025, 4 room, floors 10–12). Median $5,020/sqm. Prices up 26.1% over the past five years. Built 1987, 61 years lease remaining.

Latest Sale
$532,500
Oct 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$5,020
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +26.1%
Median price change
Median Price ?
Top 28%
#62 / 224 Top 28%
Latest Sale ?
Top 48%
#107 / 224 Top 48%
Value ($/sqm) ?
Top 35%
#79 / 224 Top 35%
5-Year Growth ?
Top 49%
#78 / 160 Top 49%
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
+4.7%/yr
vs
Lease Decay
−0.49%/yr
Growth assumption
Based on this block’s +26.1% growth over 5 years
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 61 years remaining 99 years
61 years 1 months
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/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
5-Room $3,700 typically $3,500–$4,000 6.2% 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

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

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 2025 10 TO 12 4 ROOM 84 sqm $532,500 $6,339
Sep 2025 04 TO 06 4 ROOM 87 sqm $490,000 $5,632
Jul 2025 10 TO 12 5 ROOM 122 sqm $725,000 $5,943
May 2025 01 TO 03 5 ROOM 122 sqm $695,000 $5,697
Oct 2024 10 TO 12 4 ROOM 84 sqm $510,000 $6,071
Aug 2024 01 TO 03 5 ROOM 122 sqm $615,000 $5,041
Apr 2024 07 TO 09 4 ROOM 87 sqm $488,000 $5,609
Dec 2023 10 TO 12 4 ROOM 84 sqm $480,000 $5,714
Oct 2023 07 TO 09 4 ROOM 87 sqm $495,000 $5,690
Sep 2022 10 TO 12 5 ROOM 122 sqm $690,000 $5,656
Jan 2022 07 TO 09 5 ROOM 122 sqm $603,888 $4,950
Feb 2021 07 TO 09 5 ROOM 122 sqm $563,000 $4,615
Dec 2020 04 TO 06 4 ROOM 86 sqm $395,000 $4,593
Mar 2020 10 TO 12 5 ROOM 122 sqm $550,000 $4,508
Dec 2019 04 TO 06 4 ROOM 87 sqm $310,000 $3,563
Dec 2019 01 TO 03 4 ROOM 87 sqm $360,000 $4,138
Sep 2018 07 TO 09 5 ROOM 122 sqm $560,000 $4,590
Jul 2018 07 TO 09 5 ROOM 122 sqm $610,000 $5,000
Mar 2018 01 TO 03 5 ROOM 122 sqm $450,000 $3,689
Apr 2017 10 TO 12 5 ROOM 122 sqm $609,000 $4,992
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 228 Jurong East Street 21

Block 228 at Jurong East Street 21 is a residential HDB block in Jurong East, Singapore, built in 1987 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $310,000 to $725,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $532,500 in 2025-10. The current median price per square metre is $5,020. Over the past five years, resale prices at this block have increased by approximately 26.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8777, with an annual lease decay rate of approximately 0.49%. 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 228 Jurong East Street 21 worth?

The most recent resale transaction at Block 228 Jurong East Street 21 was $532,500 for a 4 room flat in 2025-10. The median price per square metre across all flat types is $5,020, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 228 Jurong East Street 21?

Block 228 Jurong East Street 21 was built in 1987 and has approximately 61 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 228 Jurong East Street 21?

Block 228 Jurong East Street 21 in Jurong East contains 4 room, 5 room flats. Resale prices range from $310,000 to $725,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 228 Jurong East Street 21 gone up or down?

Resale prices at Block 228 Jurong East Street 21 have increased by approximately 26.1% over the past five years. The current median price is $541,250, with the most recent sale at $532,500 in 2025-10.

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