Prices · Jurong East · Jurong East Street 24 · D22 Jurong
Block 241 Jurong East Street 24
Compare this block with another
What this block is
| Address | Block 241 Jurong East Street 24, Jurong East, Singapore 600241 |
| Flat types here | 3-room — on the evidence of 41 sales since Feb 2017, so a type that has never been resold here will not appear |
| Unit sizes | 3-room about 732 sq ft |
| Lease | 99 years from 1983, expiring 2082 — 56 years left |
| Floors that have sold | 1 to 15, so the block stands at least 15 storeys |
| Flat models | New Generation |
| Town and district | Jurong East, district 22 (Jurong, Boon Lay, Tuas) |
| Compare it with | the rest of Jurong East Street 24, 3-room flats across Jurong East |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $1,243 for every month of the 56 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $121,400 |
| Mortgage interest over 25 years | $140,262 |
| Running costs over the remaining lease | $241,920 |
| Total over the lease | $835,457 |
| Monthly while repaying | $1,934 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just six sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 3-room | $350,000 | $240,000–$475,000 | 732 sq ft | 451 | 41 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $287,500 | 393 psf | 2 |
| 04 to 06 | $405,000 | 523 psf | 8 |
| 07 to 09 | $355,000 | 429 psf | 12 |
| 10 to 12 | $346,000 | 473 psf | 18 |
| 13 to 15 | $475,000 | 525 psf | 1 |
Year by year
| 2017 | $285,000 | 389 psf | two sales |
| 2018 | $280,000 | 357 psf | four sales |
| 2019 | $248,000 | 339 psf | five sales |
| 2020 | $275,000 | 376 psf | three sales |
| 2021 | $330,000 | 451 psf | one sale |
| 2022 | $337,500 | 451 psf | six sales |
| 2023 | $370,000 | 474 psf | three sales |
| 2024 | $395,000 | 529 psf | six sales |
| 2025 | $435,000 | 574 psf | five sales |
| 2026 | $442,500 | 591 psf | six sales |
41 transactions in all, from Feb 2017 to Oct 2026. The flat models recorded here are New Generation.