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Block 245 Jurong East Street 24

3 Room · 4 Room · Built 1982 · 56 years remaining lease · Updated Aug 2025 MOP Cleared

Block 245 Jurong East Street 24 has 22 recorded HDB resale transactions since 2017. Latest sale: $520,000 (Aug 2025, 4 room, floors 04–06). Median $4,739/sqm. Built 1982, 56 years lease remaining.

Latest Sale
$520,000
Aug 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$4,739
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 92%
#205 / 224 Top 92%
Latest Sale ?
Top 52%
#117 / 224 Top 52%
Value ($/sqm) ?
Top 49%
#109 / 224 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
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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.60%/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 56 years remaining 99 years
56 years
Remaining lease
↓ 0.60%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.60%/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
3-Room $2,800 typically $2,500–$3,000 8.1% Jurong East avg · block too thin
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

This block is inside the 1 km Primary 1 priority zone for 3 popular schools. 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.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 245 Jurong East Street 24 in Jurong East, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Jurong East
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2025 04 TO 06 4 ROOM 92 sqm $520,000 $5,652
Nov 2024 07 TO 09 3 ROOM 67 sqm $425,000 $6,343
Jun 2024 10 TO 12 3 ROOM 67 sqm $400,000 $5,970
Mar 2024 01 TO 03 3 ROOM 68 sqm $358,000 $5,265
Feb 2024 04 TO 06 3 ROOM 67 sqm $373,000 $5,567
Jul 2023 01 TO 03 3 ROOM 67 sqm $358,000 $5,343
Mar 2023 07 TO 09 4 ROOM 94 sqm $470,000 $5,000
Dec 2022 01 TO 03 3 ROOM 67 sqm $342,000 $5,104
Dec 2022 01 TO 03 3 ROOM 67 sqm $345,000 $5,149
Nov 2021 10 TO 12 3 ROOM 67 sqm $325,000 $4,851
Oct 2021 01 TO 03 3 ROOM 68 sqm $330,000 $4,853
Apr 2021 07 TO 09 3 ROOM 67 sqm $310,000 $4,627
Feb 2021 07 TO 09 3 ROOM 67 sqm $300,000 $4,478
Dec 2020 07 TO 09 3 ROOM 67 sqm $310,000 $4,627
Aug 2020 04 TO 06 3 ROOM 68 sqm $255,500 $3,757
Jul 2020 07 TO 09 3 ROOM 67 sqm $258,000 $3,851
Jan 2020 04 TO 06 3 ROOM 68 sqm $250,000 $3,676
Nov 2019 01 TO 03 4 ROOM 94 sqm $305,000 $3,245
Nov 2019 10 TO 12 4 ROOM 94 sqm $350,000 $3,723
Jun 2019 04 TO 06 3 ROOM 67 sqm $277,500 $4,142
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 245 Jurong East Street 24

Block 245 Jurong East Street 24 in Jurong East dates to 1982 and now has roughly 56 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 27% below the Jurong East median, cheaper than about 91% of the town's blocks. It has a regular flow of resale activity, with 22 transactions since 2017 across 3 room, 4 room flats priced from $250,000 to $520,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $520,000 in Aug 2025, and the median works out to $4,739/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 245 Jurong East Street 24 worth?

The most recent resale transaction at Block 245 Jurong East Street 24 was $520,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $4,739, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 245 Jurong East Street 24?

Block 245 Jurong East Street 24 was built in 1982 and has approximately 56 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.60%, meaning the leasehold value decreases by approximately 0.60% per year at the current remaining lease.

What flat types are available at Block 245 Jurong East Street 24?

Block 245 Jurong East Street 24 in Jurong East contains 3 room, 4 room flats. Resale prices range from $250,000 to $520,000 based on historical transaction records from data.gov.sg.

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