Block 229 Jurong East Street 21

3 Room · 4 Room · Built 1981 · 56 years remaining lease MOP Cleared
Latest Sale
$398,000
Jun 2024 · 3 ROOM · #01-03
Median $/sqm
$4,661
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
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Insufficient data
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 56 years remaining 99 years
56 years 1 months
Remaining lease
↓ 0.59%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.59%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2024 01 TO 03 3 ROOM 67 sqm $398,000 $5,940
Apr 2024 04 TO 06 3 ROOM 67 sqm $400,000 $5,970
Feb 2024 01 TO 03 3 ROOM 82 sqm $418,000 $5,098
Dec 2023 07 TO 09 3 ROOM 67 sqm $368,000 $5,493
Apr 2023 04 TO 06 3 ROOM 67 sqm $353,000 $5,269
Mar 2023 07 TO 09 4 ROOM 91 sqm $440,888 $4,845
Nov 2022 01 TO 03 3 ROOM 67 sqm $345,000 $5,149
Jun 2022 10 TO 12 3 ROOM 67 sqm $378,000 $5,642
May 2022 10 TO 12 3 ROOM 67 sqm $330,000 $4,925
Apr 2022 10 TO 12 3 ROOM 67 sqm $345,000 $5,149
Apr 2022 10 TO 12 3 ROOM 67 sqm $380,000 $5,672
Nov 2021 07 TO 09 3 ROOM 67 sqm $340,000 $5,075
Aug 2021 04 TO 06 3 ROOM 67 sqm $327,500 $4,888
Mar 2021 04 TO 06 3 ROOM 82 sqm $340,000 $4,146
Jan 2021 04 TO 06 3 ROOM 67 sqm $295,000 $4,403
Dec 2020 07 TO 09 3 ROOM 67 sqm $325,000 $4,851
Sep 2020 01 TO 03 3 ROOM 82 sqm $285,000 $3,476
Dec 2019 04 TO 06 3 ROOM 67 sqm $238,000 $3,552
Mar 2019 01 TO 03 3 ROOM 67 sqm $225,000 $3,358
Jan 2019 10 TO 12 3 ROOM 67 sqm $290,000 $4,328
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 229 Jurong East Street 21

Block 229 at Jurong East Street 21 is a residential HDB block in Jurong East, Singapore, built in 1981 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $225,000 to $440,888 based on 28 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $398,000 in 2024-06. The current median price per square metre is $4,661. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8548, with an annual lease decay rate of approximately 0.59%. 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 229 Jurong East Street 21 worth?

The most recent resale transaction at Block 229 Jurong East Street 21 was $398,000 for a 3 room flat in 2024-06. The median price per square metre across all flat types is $4,661, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 229 Jurong East Street 21?

Block 229 Jurong East Street 21 was built in 1981 and has approximately 56 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 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.

What flat types are available at Block 229 Jurong East Street 21?

Block 229 Jurong East Street 21 in Jurong East contains 3 room, 4 room flats. Resale prices range from $225,000 to $440,888 based on historical transaction records from data.gov.sg.

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