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Prices · Jurong East · Jurong East Street 21

Block 288C Jurong East Street 21

Compare this block with another

Median, past 12 months
$988,888
$647 psf
Lease remaining
73 years
lease began 2000, runs to 2099
Postal code
—
cannot be worked out for a lettered block

What this block is

AddressBlock 288C Jurong East Street 21, Jurong East
Flat types hereExecutive — on the evidence of 17 sales since May 2019, so a type that has never been resold here will not appear
Unit sizesExecutive about 1,528 sq ft
Lease99 years from 2000, expiring 2099 — 73 years left
Floors that have sold1 to 15, so the block stands at least 15 storeys
Flat modelsMaisonette
Town and districtJurong East
Compare it withthe rest of Jurong East Street 21, Executive 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 $1,878 for every month of the 73 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$274,388
Mortgage interest over 25 years$313,453
Running costs over the remaining lease$315,360
Total over the lease$1,644,867
Monthly while repaying$3,877
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 a single sale, so treat it as an anecdote rather than a rate.

By flat type

TypeMedianRangeSizepsfSales
Executive$820,000$670,000–$988,8881,528 sq ft53617

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$755,000494 psf5
04 to 06$795,000513 psf2
07 to 09$825,000540 psf4
10 to 12$825,550542 psf4
13 to 15$867,500568 psf2

Year by year

2019$727,500476 psftwo sales
2020$780,000510 psfthree sales
2021$825,100540 psfnine sales
2022$850,000556 psfone sale
2023$950,000622 psfone sale
2026$988,888647 psfone sale

17 transactions in all, from May 2019 to Sept 2026. The flat models recorded here are Maisonette.