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Jurong West HDB Resale 2026: Cheapest 4R, 5R and Exec in SG

Jurong West HDB Resale 2026: The Cheapest 4-Room, 5-Room and Executive Flats in Singapore

Here is the finding that made me rewrite this piece twice. In HDB’s own median resale price table for the second quarter of 2026, Jurong West HDB resale flats hold the lowest published median in Singapore for 4-room, 5-room and executive flats — all three, at the same time, in the same quarter. Four-room at $530,000. Five-room at $633,500. Executive at $795,000. No other town in Singapore is bottom of even two of those three lists.

That is not an agent’s marketing claim. It is HDB’s arithmetic, published by HDB, and I checked it twice — once in the PDF and once against the machine-readable government dataset behind it, because the first read gave me a number I did not believe.

Then I did the thing nobody seems to do: I pulled HDB’s median rent table for the same quarter, from the same agency, and divided one by the other. Jurong West’s 4-room gross yield comes out at 7.92% — the highest of any HDB town in Singapore. Its 5-room yield, 7.01%, is also the highest. Its executive flats rent for $4,000 a month, tied with Tampines for the dearest executive rent in the country, while costing $173,000 less to buy.

So “value-hunter town” is not a vibe. It is the cheapest big-flat market in Singapore attached to a rental market that prices like a mature estate. That gap is the whole story, and everything below is me pulling it apart to find out whether it is real, whether it is a trap, and who should act on it.

Jurong West HDB resale at a glance

Sources: HDB 2Q2026 median resale price and median rent tables; HDB resale registration dataset; HDB Property Information block register. Author’s computations where marked.
Metric Jurong West Note
Town record (all-time) $980,000 Blk 471 Jurong West St 41, executive maisonette, Jun 2024
3-room median $404,000 HDB, 2Q2026 — 3rd lowest in Singapore
4-room median $530,000 HDB, 2Q2026 — lowest in Singapore
5-room median $633,500 HDB, 2Q2026 — lowest in Singapore
Executive median $795,000 HDB, 2Q2026 — lowest in Singapore
4-room median rent $3,500/mth HDB, 2Q2026 — equal to Ang Mo Kio and Tampines
Executive median rent $4,000/mth HDB, 2Q2026 — joint-highest in Singapore
4-room gross yield 7.92% Gary’s computation — highest in Singapore
Annual resale volume 1,465 Gary’s count, Sep 2025 – Aug 2026
Residential blocks 744 HDB block register
Dwelling units ~78,000 Gary’s computation, ±2,000 — see spot-check note
Blocks under 60 years lease 210 (28.2%) Gary’s computation from completion years
Street spread (headline) 120.4% Jurong West Central 3 vs Ho Ching Road
Street spread (liquidity-adjusted) 20.4% Narrowest in this 23-town series
Turnover as % of stock ~1.9% Lowest in this series
Million-dollar flats, ever 0 Record is $980,000

The record board: every flat type, every block

I pull these straight out of HDB’s resale registration dataset by sorting descending on price, rather than trusting a dashboard. Three times in this series the assumption that “the DBSS holds the town record” has turned out to be wrong. In Jurong West it is wrong again — and only just.

All-time highs from HDB resale registration data, January 2017 to September 2026. Psf figures are mine, converted at 10.7639 sqft per sqm. Confirmed in the primary dataset; the $980,000 executive and the $858 psf 3-room are independently corroborated by hdbinsights.sg.
Flat type Price Block / street Model Size Psf Floor Lease left Month Sources
Town record / Executive $980,000 471 Jurong West St 41 Maisonette 149 sqm / 1,604 sqft $611 10–12 59y 9m Jun 2024 2
Executive (2nd) $960,000 469 Jurong West St 41 Maisonette 157 sqm / 1,690 sqft $568 04–06 59y 10m Sep 2024 1
Executive (3rd) $953,000 470 Jurong West St 41 Maisonette 151 sqm / 1,625 sqft $586 10–12 59y 9m Jan 2025 1
5-room $958,888 138B Yuan Ching Rd DBSS 108 sqm / 1,163 sqft $824 16–18 87y 5m May 2026 1
4-room $820,000 698C Jurong West Ctrl 3 Model A 93 sqm / 1,001 sqft $819 13–15 90y 7m Mar 2026 1
3-room $628,000 697A Jurong West Ctrl 3 Model A 68 sqm / 732 sqft $858 13–15 90y 8m Feb 2026 2
Adjoined flat $920,000 516 Jurong West St 52 Adjoined 148 sqm / 1,593 sqft $578 07–09 60y 4m May 2023 1

Read the top of that table again. Four of Jurong West’s five highest sales ever are 1985 executive maisonettes on one street — Jurong West Street 41 — with under 60 years of lease left. The Yuan Ching Road DBSS, with 87 years remaining and a better location on paper, sits third at $958,888. Forty-one-year-old flats are beating a twelve-year-old one.

The reason is size. The 471 maisonette sold at $611 psf; the DBSS at $824 psf. The market is not paying a premium for maisonettes — it is applying a discount so deep that 1,604 square feet still costs more in total than 1,163. The full argument on why this flat type keeps doing this is in my honest take on executive maisonette prices.

The town’s psf record is not on that board’s top line at all. It is the 3-room at 697A Jurong West Central 3: $628,000 for 732 square feet, $858 psf, February 2026 — the only corner of this town where anything trades above $800 psf.

Three lowest medians in Singapore — and what that actually means

Let me lay out the evidence properly, because this is the claim the rest of the article rests on.

HDB publishes a median resale price by town and flat type every quarter, and withholds it entirely where a town and flat type recorded fewer than 20 transactions — its own footnote says those medians “may not be representative”. That withholding is itself evidence, and I use it below.

HDB median resale prices, 2Q2026, 4-room. All 24 towns with a published figure, lowest first. Source: HDB resale statistics. Bukit Timah and Marine Parade recorded no published 4-room median.
# Town 4-room median # Town 4-room median
1 Jurong West $530,000 13 Pasir Ris $630,000
2 Yishun $545,000 14 Ang Mo Kio $638,000
3 Woodlands $550,000 15 Sengkang $641,000
4 Jurong East $559,400 16 Bukit Batok $645,900
5 Choa Chu Kang $560,000 17 Tampines $668,000
6 Bukit Panjang $563,900 18 Serangoon $670,000
7 Bedok $582,500 19 Punggol $680,000
8 Sembawang $595,000 20 Geylang $710,000
9 Hougang $621,400 21 Bishan $788,000
10 — — 22 Clementi $888,900
11 — — 23 Kallang/Whampoa $918,900
12 — — 24 Bukit Merah $944,000

Jurong West is $15,000 below Yishun and $664,400 below Central Area. On 5-room it is the same story: $633,500, ahead of Sembawang’s $644,400 and Woodlands’ $655,000, and $344,500 below Bishan.

The executive table is the one that matters most, because it is the one almost nobody sees.

HDB median resale prices, 2Q2026, executive flats. Only six of 26 towns cleared HDB’s 20-transaction threshold. The other 20 towns are blank — HDB declined to publish. Yield column is my computation against the same quarter’s median rent.
Town Executive median Premium over Jurong West Median rent Gross yield
Jurong West $795,000 — $4,000 6.04%
Sengkang $858,000 +$63,000 (+7.9%) $3,500 4.90%
Pasir Ris $909,000 +$114,000 (+14.3%) $3,900 5.15%
Woodlands $916,500 +$121,500 (+15.3%) $3,550 4.65%
Tampines $968,000 +$173,000 (+21.8%) $4,000 4.96%
Hougang $983,000 +$188,000 (+23.6%) $3,500 4.27%

Fact, not opinion: of the 26 HDB towns, only six sold enough executive flats in 2Q2026 for HDB to publish a median. Jurong West’s $795,000 is the lowest of the six, and therefore the lowest published executive median in Singapore. Tampines rents its executives for exactly the same $4,000 a month and charges $173,000 more to buy one.

One precision point, because a version of this claim is circulating that mixes bases. Stacked Homes published an average of $802,857 for Jurong West executive maisonettes across 61 transactions from January 2025 to August 2026. That is not a competing version of the $795,000 — it is a different subtype (maisonettes only), a different statistic (mean, not median) and a different window (20 months, not one quarter). Both are correct; anyone presenting one as a correction of the other is confusing you.

They agree on the conclusion, which is what matters. On Stacked’s maisonette-only basis Jurong West at $803,000 is still the cheapest town in Singapore, ahead of Choa Chu Kang ($859,000), Bukit Batok ($872,000), Jurong East ($882,000), Sembawang ($886,000), Woodlands ($887,000) and Bukit Panjang ($888,000).

Gary’s analysis: why Jurong West is the only town that can hold this title

This is my argument, not a published fact. Jurong West holds the cheapest published executive median partly because it is cheap, and partly because it is the only cheap town with enough executives trading to clear HDB’s 20-deal bar — 1,621 of its 15,737 transactions since January 2017, or roughly 40 a quarter. Bukit Batok, Choa Chu Kang and Bukit Panjang are cheap too, and all three are blanked out in that column because they do not trade 20 in a quarter.

Falsification condition: if Choa Chu Kang or Bukit Batok clears 20 executive resales in a future quarter and prints below $795,000, this argument is wrong and Jurong West loses the title. I would put that at genuinely possible within a year. The claim to make is “lowest published executive median”, and I have written it that way throughout.

The yield table nobody publishes

Every dashboard in Singapore shows median prices. A few show median rents. Almost none divides one by the other using the same agency, quarter and definition — which is the only way the number means anything. So: HDB 2Q2026 median resale price as denominator, HDB 2Q2026 median rent × 12 as numerator, gross, same base on both sides.

Gary’s computation: HDB 2Q2026 median rent × 12 ÷ HDB 2Q2026 median resale price, 4-room flats. Every town where HDB published both figures. This table exists nowhere else that I can find.
# Town Median price Median rent Gross yield
1 Jurong West $530,000 $3,500 7.92%
2 Jurong East $559,400 $3,400 7.29%
3 Bedok $582,500 $3,400 7.00%
4 Yishun $545,000 $3,100 6.83%
5 Woodlands $550,000 $3,100 6.76%
6 Ang Mo Kio $638,000 $3,500 6.58%
7 Choa Chu Kang $560,000 $3,000 6.43%
8 Geylang $710,000 $3,800 6.42%
9 Sembawang $595,000 $3,180 6.41%
10 Bukit Panjang $563,900 $3,000 6.38%
11 Pasir Ris $630,000 $3,350 6.38%
12 Tampines $668,000 $3,500 6.29%
13 Hougang $621,400 $3,200 6.18%
— … Bukit Batok 6.13% · Serangoon 6.09% · Sengkang 5.99% · Punggol 5.82% · Bishan 5.56% · Clementi 5.26% · Bukit Merah 5.08% · Kallang/Whampoa 4.96% · Queenstown 4.79% · Central 4.62% · Toa Payoh 4.48%

First, by 63 basis points. On 5-room the same computation puts Jurong West first again at 7.01%, ahead of Jurong East at 6.32% and Sembawang at 6.15%.

The mechanism is the whole thesis of this article. Jurong West’s purchase prices are set like a far-west non-mature town. Its rents are set like a town with an MRT interchange, the largest mall in Singapore by tenant count, a university and an industrial employment base within cycling distance — because it has all of those. The sale market discounts Jurong West for distance from town. The rental market does not, because the people renting here work here.

Do not over-read a gross yield. 7.92% gross is not 7.92% net. Strip out property tax on a non-owner-occupied flat, maintenance, agent commission amortised across the tenancy, and a realistic vacancy assumption, and you will land somewhere in the 5.5%–6.5% range. It is still the best in Singapore on this basis. It is also only available to you if you are legally allowed to rent out a whole HDB flat — you must have fulfilled the 5-year MOP, and you need HDB’s approval. This does not work as a “buy a second flat to rent” plan, because you cannot own two. Run the actual numbers with the free calculators at listings.sg/tools before you build a plan on this.

One town, four markets

Jurong West is not one market and treating it as one is how buyers here overpay. It is four, and they barely talk to each other.

Market one: Taman Jurong and the Yung/Ching roads. The oldest housing in the town — Ho Ching Road blocks completed in 1970 and 1971, before Jurong West New Town properly existed. Leases run into the 40s and Ho Ching Road’s blended median of $270,000 is the cheapest in the town by a distance. Yet Kang Ching Road ($485,000) and Tah Ching Road ($520,000) sit in the same neighbourhood, because they include much newer infill blocks. One neighbourhood, a $250,000 spread.

Market two: Boon Lay and the 40s–50s streets. Boon Lay Drive, Avenue and Place, plus Jurong West Street 41, 42, 51 and 52 — mostly 1983–1986 stock, exactly the cohort now crossing under 60 years of lease. This is where the executive maisonettes are, where the town record was set, and where the lease question is live rather than theoretical.

Market three: the 60s through 90s streets. Jurong West Street 61 to 93 plus Avenues 1, 3 and 5, built from the late 1980s through 2000 — the 1998–2000 wave alone is 172 blocks. Leases of 70 to 75 years, big 4-room and 5-room stock, walking distance to a neighbourhood centre rather than an MRT. This is where the median Jurong West family actually lives.

Market four: Jurong West Central and Corporation Drive. The newest stock — Jurong West Central 3 (around 2017) and Corporation Drive (2019). Ninety years of lease, Model A layouts, and the only corner of the town trading above $800 psf.

A buyer who says “I want Jurong West, budget $600,000” is describing four completely different purchases: a 5-room with 45 years left in Taman Jurong, a maisonette with 59 years in Boon Lay, a 5-room with 72 years off Street 65, or a 4-room with 90 years at Jurong West Central. Same money, wildly different assets.

744 blocks, 78,000 homes: the stock by vintage

I pulled the HDB Property Information block register through the government data API and counted. Jurong West has 744 residential blocks. That figure is independently confirmed — shioknest.com reports exactly 744 — which gives me confidence in everything else I derived from the same pull.

Note one discrepancy worth understanding. checkhowmuch.sg reports 715 Jurong West blocks, not 744. It is not wrong; it is counting blocks with at least one recorded resale since January 2017. The 29-block gap is rental blocks and very new blocks that have never had a resale. If you are comparing town sizes across sites, check which definition you are reading.

Jurong West residential blocks by completion year. Gary’s count from the HDB Property Information block register. A-suffix blocks with zero dwelling units (multi-storey carparks, lift annexes) are excluded by the residential filter.
Completed Blocks Share Approx. lease remaining in 2026 Where
1968–1970 2 0.3% ~42–43 yrs Ho Ching Rd
1971–1973 13 1.7% ~44–46 yrs Taman Jurong, Tao Ching Rd
1974–1976 30 4.0% ~47–49 yrs Boon Lay Ave, Yung roads
1977–1979 2 0.3% ~50–52 yrs scattered
1980–1982 16 2.2% ~53–55 yrs Boon Lay Dr
1983–1985 135 18.1% ~56–58 yrs Boon Lay Dr/Pl, JW St 41/42/52
1986 12 1.6% ~59 yrs JW St 52 area
Subtotal to 1986 — under 60 years remaining: 210 blocks (28.2%)
1987–1988 40 5.4% ~60–61 yrs JW St 52/61
1989–1991 49 6.6% ~62–64 yrs JW St 61/64
1992–1994 104 14.0% ~65–67 yrs JW St 64/65/71/73
1995–1997 56 7.5% ~68–70 yrs JW St 65/74/75
1998–2000 172 23.1% ~71–73 yrs JW St 81/91/92, Ave 1/3/5
2001–2003 37 5.0% ~74–76 yrs JW St 91/92/93
2004–2015 ~16 2.2% ~77–88 yrs Yuan Ching Rd DBSS, infill
2016–2018 30 4.0% ~89–91 yrs Jurong West Ctrl 3
2019–2026 ~30 4.0% ~92–99 yrs Corporation Dr and later
Total 744 100% range 42–99 yrs

On dwelling units my aggregation gives roughly 78,000 homes, and this is the softest number in the article — two slices did not reconcile internally, so treat it as ±2,000. The sanity check is good: HDB published 74,301 units for Jurong West as at 31 March 2018 against an ultimate capacity of 94,000, and 78,000 in 2026 sits exactly where it should.

The shape of that table is the town’s biography. Two waves built Jurong West — 135 blocks in 1983–1985 and 172 blocks in 1998–2000, together 41% of the town. The lease profile, the transaction volume and the MOP cycle all trace back to those two bursts.

The lease profile: 28% of blocks under 60 years

The series metric I compute for every town: what proportion of blocks have fewer than 60 years of lease remaining? I use completion year as the proxy for lease commencement, which is standard and slightly conservative, since a lease usually commences at or a little before completion.

Jurong West: 210 of 744 blocks, or 28.2%.

Series comparison — share of blocks with under 60 years of lease remaining. Gary’s computations across the series to date.
Town Under 60 yrs Town Under 60 yrs
Marine Parade 100% Toa Payoh ~57%
Ang Mo Kio ~83% Serangoon ~51%
Clementi 78% Yishun ~33%
Geylang 70% Jurong West 28.2%
Bedok ~68% Pasir Ris ~15%
Jurong East 68% Woodlands ~13%
Kallang/Whampoa 67% Sembawang · Sengkang 0%

This is the single most important structural difference between Jurong West and its neighbour. Jurong East is at 68%. Jurong West is at 28.2%. A 40-percentage-point difference in lease risk, in two towns whose names differ by one word and whose 4-room medians differ by 5.5%.

But averages hide the concentration. Jurong West’s lease problem sits almost entirely in Taman Jurong and the Boon Lay 1983–1986 cluster. Buy on Street 81, 91 or 92 and you have 71–76 years — more than Bedok or Ang Mo Kio can offer at any price. Buy on Boon Lay Place or Ho Ching Road and you have 43–50 years and a genuine problem. The town-level 28.2% describes no actual block in Jurong West.

CPF, age 95, and the shrinking buyer pool

Here is the mechanic that will set prices in the old cluster in 2030. A buyer gets full CPF usage only if the remaining lease covers the youngest buyer to age 95; below that, CPF is pro-rated and loan quantum falls with it. Under 20 years remaining, no CPF at all.

Work it on a 1985 Boon Lay maisonette with 59 years left: the youngest buyer must be at least 36 (59 + 36 = 95), and everyone under 36 is pro-rated. By 2031 that block has 54 years and the threshold is 41. By 2036, 49 years and 46.

Gary’s computation. Minimum age of the youngest buyer to obtain full CPF usage, by block vintage, over time. Assumes a 99-year lease from completion year.
Block vintage Lease left 2026 Min. buyer age 2026 Min. age 2031 Min. age 2036
1970 (Ho Ching Rd) 43 yrs 52 57 62
1975 (Boon Lay Ave) 48 yrs 47 52 57
1985 (JW St 41 maisonettes) 58 yrs 37 42 47
1993 (JW St 65) 66 yrs 29 34 39
1999 (JW St 91) 72 yrs 23 — no constraint 28 — no constraint 33
2017 (JW Ctrl 3) 90 yrs no constraint no constraint no constraint

Gary’s analysis: the Boon Lay 1983–1986 cluster — 147 blocks — crosses from “no practical constraint” to “you need a 40-something buyer” over the next decade. That is 147 blocks whose natural buyer pool narrows every year, holding everything else constant. It is why I think the maisonette record of $980,000 set in June 2024 has a real chance of standing for a long time, and why I would not underwrite that cluster on the assumption that 2024 pricing repeats.

Falsification condition: if HDB announces a SERS or VERS treatment for the Boon Lay 1983–1986 cluster, or materially loosens the age-95 CPF rule, this analysis inverts and those blocks re-rate upward immediately. I see no current signal of either. For how this plays out in the private market, see my piece on lease decay.

Why street medians are lying to you

Before I show you the street table, I need to show you why it cannot be read the way people read it.

Jurong West Street 41 has a blended median of $373,500 — the second-cheapest street in the entire town. Jurong West Street 41 also holds the town’s all-time record sale of $980,000, plus the second, third and fifth highest sales ever recorded in Jurong West.

Same street. Cheapest end of the table and the absolute top of the record board, simultaneously.

The reason is mix. Street 41 is mostly 3-room stock, which drags the median down, with a small cluster of 1985 executive maisonettes (blocks 469–472) producing the town’s biggest cheques. A street median describes which flat types happen to sit on a street, not how expensive that location is — which is why I would never let a client shortlist streets from a median ranking, and why the honest fix is the single-flat-type comparison in Section 3.

The street table, with psf and lease attached

Read this caveat first. These street medians are blended across every transaction from January 2017 to September 2026. They are not 2026 prices. A street with a $500,000 blended median is trading well above that today. Use this table for relative ranking and for liquidity, not for pricing your flat. For current levels, use the HDB 2Q2026 medians in Section 3.

Jurong West street medians, all flat types, Jan 2017 – Sep 2026. Base data from checkhowmuch.sg, which is built on the same HDB registration dataset (its town transaction count of 15,737 matched my own API count exactly). Rows marked † were absent from that table and computed by me directly from HDB registration data by sorting on price and reading the middle record. Validation: my own computation for Ho Ching Rd returned $272,000 against checkhowmuch’s $270,000.
Street Blocks Deals Median Approx. lease left Dominant mix / note
Jurong West Ctrl 3 6 125 $595,000 ~90 yrs 2017 build; town psf record sits here
Jurong West Ctrl 1 28 593 $552,400 ~72–76 yrs Town centre, next to Jurong Point
Boon Lay Avenue 15 755 $527,500 ~48–55 yrs Mixed; big flats on short lease
Tah Ching Road † — 279 $520,000 ~72–75 yrs Taman Jurong infill, 1990s
Jurong West St 62 6 108 $520,000 ~62–65 yrs Small street, thin data
Corporation Drive 12 316 $519,500 ~92 yrs 2019 build; all deals post-MOP
Jurong West St 64 43 1,061 $515,444 ~64–68 yrs Liquid — 4R/5R core
Jurong West St 61 40 1,053 $508,000 ~60–64 yrs Liquid
Jurong West St 74 13 164 $508,000 ~68–70 yrs —
Jurong West St 65 53 1,322 $500,000 ~66–71 yrs Liquid — busiest street in town
Jurong West St 71 18 267 $499,000 ~65–67 yrs —
Kang Ching Road † — 355 $485,000 ~70–74 yrs Holds a $880,000 exec, Sep 2026
Jurong West St 75 4 60 $485,000 ~68–70 yrs Thin
Yung Sheng Road † — 183 $463,000 ~75–79 yrs Taman Jurong, newer blocks
Jurong West St 81 † — 875 $455,000 ~67–72 yrs Large; near-liquid
Jurong West St 73 13 218 $434,000 ~65–67 yrs —
Jurong West St 42 57 1,140 $428,000 ~56–59 yrs Liquid — most blocks in town
Jurong West St 25 9 277 $426,500 ~57–60 yrs —
Jurong West St 24 8 181 $422,500 ~57–60 yrs —
Boon Lay Drive 39 880 $421,000 ~53–58 yrs Near-liquid; lease watch
Jurong West Ave 5 10 153 $420,000 ~71–73 yrs —
Jurong West Ave 3 7 218 $415,000 ~71–73 yrs —
Jurong West St 52 33 791 $411,000 ~58–61 yrs Holds the $920,000 adjoined flat
Jurong West St 51 2 19 $406,250 ~58–60 yrs Too thin to rely on
Jurong West St 91 † — 720 $401,000 ~71–74 yrs Long lease, low median = 3R heavy
Jurong West Ave 1 34 544 $388,000 ~56–62 yrs —
Jurong West St 72 3 38 $380,000 ~65–67 yrs Thin
Jurong West St 41 32 656 $373,500 ~56–59 yrs Holds the town record, $980,000
Boon Lay Place 10 522 $285,000 ~47–52 yrs 3R heavy, short lease
Ho Ching Road 6 192 $270,000 ~42–44 yrs Oldest stock in town

Look at Jurong West Street 91 and Jurong West Street 41 next to each other. Street 91 has a $401,000 median with 71–74 years of lease. Street 41 has a $373,500 median with 56–59 years. The cheaper street has fifteen fewer years of lease. If you ranked by median alone you would conclude Street 41 is the bargain. It is the opposite: it is cheaper because it is smaller flats on a shorter lease.

Street spread: 120% headline, 20% real

The series metric: how far apart are the dearest and cheapest streets in a town?

Headline spread. Jurong West Central 3 at $595,000 divided by Ho Ching Road at $270,000, minus one: 120.4%. On its face, a town with a very wide internal range.

Adjusted spread. Now restrict to streets that genuinely trade — I use streets averaging 100 or more deals a year across the 2017–2026 record. Four streets clear that bar.

Gary’s computation. Only streets averaging 100+ resale transactions per year over the Jan 2017 – Sep 2026 record. Note on method: the government API would not accept a 12-month window filter, so I annualised across the full record rather than using a literal trailing 12 months. Stated so you can judge it.
Street Deals (9.7 yrs) Deals/yr Blended median
Jurong West St 64 1,061 109 $515,444 — dearest liquid street
Jurong West St 61 1,053 108 $508,000
Jurong West St 65 1,322 136 $500,000
Jurong West St 42 1,140 117 $428,000 — cheapest liquid street
Adjusted spread: $515,444 ÷ $428,000 − 1 = 20.4%

Original finding. Jurong West’s headline street spread is 120.4%. Its liquidity-adjusted spread is 20.4%. The 100-percentage-point gap between those two numbers is the largest I have measured anywhere in this 23-town series — and the 20.4% adjusted figure is the narrowest adjusted spread of any town I have written up, beating Sengkang’s ~26% and Marine Parade’s 28%.

Series comparison — headline vs liquidity-adjusted street spread. Gary’s computations.
Town Headline Adjusted Gap
Geylang 227% 199% 28 pp
Ang Mo Kio ~211% ~155% ~56 pp
Woodlands 185% ~120% ~65 pp
Clementi 149% 149% 0 pp
Pasir Ris 145% 53.7% 91 pp
Jurong West 120.4% 20.4% 100 pp
Sembawang 89.6% 64.6% 25 pp
Marine Parade 85% 28% 57 pp
Jurong East 78.6% 78.6% 0 pp
Sengkang ~26% ~26% 0 pp

What the gap means in practice. Jurong West’s headline range is manufactured almost entirely by two small, barely-traded extremes: six blocks on Ho Ching Road that produce about 20 deals a year, and six blocks on Jurong West Central 3 that produce about 13. Between those two tails sits a very large, very homogeneous market where four streets do more than 470 deals a year between them and price within 20% of each other.

For a buyer, that is unusually good news and it is not obvious from any dashboard. In Geylang or Ang Mo Kio, picking the wrong street costs you materially. In Jurong West, across the streets that actually have supply, picking the “wrong” street costs you very little. The variable that matters here is not which street. It is which lease and which flat type.

The most-traded town that barely turns over

I counted Jurong West’s resale transactions month by month out of HDB’s registration data rather than trusting a dashboard, because the big providers cap displayed volume and I wanted the real series.

Gary’s count from HDB resale registration data. Twelve complete months, September 2025 to August 2026.
Month Deals Month Deals Month Deals
Sep 2025 134 Jan 2026 138 May 2026 136
Oct 2025 77 Feb 2026 109 Jun 2026 113
Nov 2025 95 Mar 2026 133 Jul 2026 137
Dec 2025 128 Apr 2026 126 Aug 2026 139
Twelve-month total: 1,465. Cross-checks: shioknest 1,475, homejourney 1,495 on similar windows.

1,465 deals a year makes Jurong West one of the four biggest resale markets in Singapore, and Huttons (via EdgeProp) named it the single most popular HDB town by 2Q2026 resale volume, with the top five towns taking 35.7% of national transactions.

One nuance nobody else adds: it is a photo-finish, not a gap. In May 2026 my own count has Sengkang at 141, Jurong West at 136 and Punggol at 135 — three towns inside six transactions. Treat the label as a tie, not a crown.

The turnover number that flips the story

Now divide volume by stock. 1,465 deals against roughly 78,000 dwelling units gives a turnover rate of 1.87% — or 1.97% if you use HDB’s published 2018 stock figure. Call it 1.9% to 2.0%.

Series comparison — annual resale volume and turnover as a share of dwelling stock. Gary’s computations. This metric separates “thin because small” from “thin because nobody sells”.
Town Annual volume Turnover of stock Reading
Woodlands ~1,800 ~2.5% Big and liquid
Sengkang ~1,741 ~3.4% Young MOP wave
Yishun ~1,575 ~2.6% Normal
Jurong West 1,465 ~1.9% Huge but static
Ang Mo Kio 888 ~2.3% Normal
Jurong East ~470 2.0% Genuinely illiquid
Marine Parade ~140 2.8% Thin because small — normal

Original finding. Jurong West has the largest absolute resale market in Singapore and, at roughly 1.9%, the lowest turnover rate of any town in this series — lower even than Jurong East, which I described last time as genuinely illiquid. The two towns look like opposites on the volume table and are near-identical on the turnover table.

Gary’s analysis. Same number, opposite causes. Jurong East’s low turnover is a symptom — a small, old, short-lease town where owners are stuck. Jurong West’s is a preference: an enormous town of long-lease, large, cheap, high-yielding family flats where people move in and do not leave. The absolute count is high because 1.9% of 78,000 is still a lot of flats.

For a buyer, low turnover on huge stock is close to ideal — roughly 120 listings a month to choose from, without the price volatility of a MOP wave. For a seller it cuts the other way: you are not competing with a flood, but your buyers are in no hurry, because nothing here is scarce.

What Jurong West actually trades. Gary’s count from HDB registration data, Jan 2017 – Sep 2026, 15,737 transactions.
Flat type Transactions Share Comment
4-room 5,906 37.5% The town’s core market
5-room 4,913 31.2% Unusually deep
3-room 3,050 19.4% Taman Jurong and Boon Lay
Executive 1,621 10.3% The reason HDB can publish a median here
2-room / multi-gen 247 1.6% Marginal

Nearly 42% of everything sold in Jurong West is a 5-room or an executive. That is a big-flat town, and it is why the executive story in this article is not a curiosity — it is a core market with roughly 160 executive sales a year.

Rents and gross yield, flat type by flat type

HDB publishes median rents by town and flat type on exactly the same quarterly cycle as the price table, and the pairing is where all the value sits.

Jurong West, 2Q2026. Both columns from HDB, same quarter, same agency. Yield is my computation: rent × 12 ÷ price, gross.
Flat type Median price Median rent Annual rent Gross yield National rank
3-room $404,000 $2,700 $32,400 8.02% 7th
4-room $530,000 $3,500 $42,000 7.92% 1st
5-room $633,500 $3,700 $44,400 7.01% 1st
Executive $795,000 $4,000 $48,000 6.04% 1st of 6 published

I will be straight about the one rank that is not first. On 3-room, Jurong West’s 8.02% is good but seventh — Geylang (9.39%) and Toa Payoh (9.28%) beat it comfortably, because both have very old, very small 3-room stock that sells for almost nothing and rents for city-fringe money. If you are a pure 3-room yield hunter, Jurong West is not your town. On every larger flat type, it is.

Compare what the rent number implies. A $530,000 4-room in Jurong West, on a 75% HDB loan at 2.6% over 25 years, costs about $1,804 a month to service on a $397,500 loan. The median rent on that same flat is $3,500. The rent covers the mortgage 1.94 times over. I do not know another town in Singapore where that is true on the median flat.

That is not an invitation to buy an HDB flat as a rental investment — you cannot own two, and you must serve the five-year MOP first. It tells you something more useful: the floor under Jurong West prices is unusually solid, because renting here is expensive relative to owning. When buying costs half of renting, prices do not fall far.

The executive trade: cheapest to buy, dearest to rent

This deserves its own section because it is the sharpest single anomaly I found.

HDB 2Q2026 executive median rents. Only eight towns cleared the 20-transaction threshold; the other 18 are blank. Yield computed only where HDB also published a price median.
Town Executive median rent Executive median price Gross yield
Jurong West $4,000 $795,000 6.04%
Tampines $4,000 $968,000 4.96%
Pasir Ris $3,900 $909,000 5.15%
Sembawang $3,600 not published —
Woodlands $3,550 $916,500 4.65%
Choa Chu Kang $3,500 not published —
Hougang $3,500 $983,000 4.27%
Sengkang $3,500 $858,000 4.90%

Jurong West is simultaneously the cheapest place in Singapore to buy an executive flat and the joint-most-expensive place in Singapore to rent one. Tampines charges the identical $4,000 rent on a flat that costs $173,000 more. Hougang charges $500 a month less rent on a flat that costs $188,000 more.

Its 6.04% executive gross yield is not just first among those six — it is 89 basis points clear of second, an enormous margin in a table this tight.

A second quirk. On this town’s own psf curve, published by homejourney for the trailing twelve months, executives trade at roughly $523 psf against $527 for 4-room and $513 for 5-room. In Jurong West you pay no premium per square foot to go from 1,000 sqft to 1,600 sqft. Space is, to a first approximation, free. Those psf figures come from a different provider on a different window from the HDB medians above, so do not mix them inside one calculation.

The catch is the lease, and it is real. Almost every executive flat here is 1984–1986 stock with 58–60 years remaining: you are buying the most space per dollar in Singapore, on the shortest lease in the town, in the cohort whose CPF buyer pool narrows every year. A good trade for a 45-year-old with a big family and cash; a poor one for a 30-year-old expecting to sell at a profit in fifteen years. The general case is in my maisonette piece; for the same space on a fresh 99-year lease, look at executive condos.

The million-dollar line Jurong West has never crossed

In 2Q2026 Singapore recorded 491 million-dollar HDB resale flats — an all-time record, up from 411 the previous quarter. Toa Payoh had 66, Queenstown 65, Bukit Merah 64. Nationally, 212 of them were 4-room flats, 183 were 5-room and 93 were executives.

Jurong West had none. It has never had one. Across the entire HDB registration record from January 2017 to September 2026, the highest price ever paid for a flat in Jurong West is $980,000 — $20,000 short of the line, set in June 2024, and not approached since.

Gary’s computation from HDB registration data. Jurong West’s five highest sales ever, against the million-dollar line.
Rank Price Gap to $1m Block Month
1 $980,000 −$20,000 471 Jurong West St 41 Jun 2024
2 $960,000 −$40,000 469 Jurong West St 41 Sep 2024
3 $958,888 −$41,112 138B Yuan Ching Rd May 2026
4 $953,000 −$47,000 470 Jurong West St 41 Jan 2025
5 $952,888 −$47,112 138D Yuan Ching Rd Nov 2024

Consider the scale. A town of roughly 78,000 flats — plausibly the largest or second-largest in Singapore — trading 1,465 flats a year for a decade, and never once a seven-figure sale, while smaller towns with a fraction of the stock have produced dozens. I track the national picture in my million-dollar HDB flats guide.

Gary’s analysis. Two candidates to break it: the Yuan Ching Road DBSS blocks, with 87 years of lease, already at $958,888 and needing 4.3% of upside; or a high-floor Street 41 maisonette, needing only 2% but fighting a lease clock. My money is on the DBSS in 2027 or 2028, with $980,000 standing as the town’s last great short-lease print.

Falsification condition: if a Jurong West Street 41 maisonette crosses $1m before a Yuan Ching DBSS does, I got the direction of this one wrong.

Jurong West vs Jurong East: you are on the buy side

I wrote up Jurong East recently and the comparison is the natural one — same corner of Singapore, one word apart in the name, and a genuinely different asset. Everything below is from HDB’s own 2Q2026 tables for both towns, same quarter, same base.

HDB 2Q2026, both towns. Executive is not comparable — see note below the table.
Flat type Jurong West Jurong East JE premium JW rent JE rent JE rent premium
3-room $404,000 $410,000 +1.5% $2,700 $2,800 +3.7%
4-room $530,000 $559,400 +5.5% $3,500 $3,400 −2.9%
5-room $633,500 $721,500 +13.9% $3,700 $3,800 +2.7%
Executive $795,000 withheld by HDB not comparable $4,000 withheld by HDB not comparable

Correction to a figure this project has used. An earlier version of this comparison carried a “+19.5% executive price / +3.8% executive rent” premium for Jurong East. That cannot be computed. HDB withholds Jurong East’s executive median for both price and rent in 2Q2026, because fewer than 20 executive flats were sold and fewer than 20 were rented there in the quarter. The first three rows above are confirmed exactly at HDB source; the executive row cannot be, and I have removed it rather than repeat it. The fact that Jurong East cannot fill that row while Jurong West can is itself the more interesting point.

Now add the structural column, which is where the real difference is.

Structural comparison. Gary’s computations except where marked as HDB.
Metric Jurong West Jurong East
Blocks under 60 years lease 28.2% 68%
Annual resale volume 1,465 ~470
Turnover of stock ~1.9% 2.0%
Street spread, adjusted 20.4% 78.6%
4-room gross yield 7.92% 7.29%
Executive median published by HDB? Yes, $795,000 No — under 20 deals
MRT EWL: Boon Lay, Lakeside, Pioneer; JRL from mid-2028 EWL + NSL interchange; JRL Stage 2 2028; CRL 2032

The trade, stated plainly. Jurong East costs 5.5% more on a 4-room and 13.9% more on a 5-room, delivers rents that are within 3% either way, and does it on a housing stock where more than two-thirds of blocks are already under 60 years of lease. Jurong West is the other side of that: you give up the double interchange and the Cross Island Line, and you get a 40-percentage-point better lease profile, triple the transaction depth, and the best gross yield in the country.

If you are buying to live in for twenty years and you have a family that needs a 5-room or bigger, I think Jurong West is the better purchase and it is not especially close. If you are buying a compact flat primarily as a bet on Jurong Lake District infrastructure, Jurong East’s interchange is the cleaner expression. I have written the mirror image of this argument in my Jurong East piece.

Three-town comparison: Jurong West, Woodlands, Sengkang

The fairer peer group is not Jurong East, which is a quarter of the size. It is the other very large, long-lease, high-volume towns.

HDB 2Q2026 medians and rents; structural metrics are Gary’s computations across this series.
Metric Jurong West Woodlands Sengkang
4-room median $530,000 $550,000 $641,000
5-room median $633,500 $655,000 $680,000
Executive median $795,000 $916,500 $858,000
4-room rent $3,500 $3,100 $3,200
4-room gross yield 7.92% 6.76% 5.99%
Executive gross yield 6.04% 4.65% 4.90%
Residential blocks 744 741 —
Blocks under 60 yrs lease 28.2% ~13% 0%
Annual volume 1,465 ~1,800 ~1,741
Turnover of stock ~1.9% ~2.5% ~3.4%
Street spread, adjusted 20.4% ~120% ~26%
Town record $980,000 $916,500+ band —

Woodlands and Jurong West are almost exactly the same size — 741 blocks against 744 — and are the two cheapest big towns in Singapore. Woodlands wins on lease: about 13% of blocks under 60 years against 28.2%, plus the RTS Link to Johor Bahru in January 2027, which I cover separately.

Jurong West wins on income. Its 4-room rents $400 a month more and costs $20,000 less — a 116-basis-point yield advantage, and 139 points on executives. Sengkang has the cleanest lease profile of the three (zero blocks under 60 years) and pays for it: $111,000 more on a 4-room, $300 a month less rent, nearly two percentage points of yield surrendered for a young lease. Full workings in the Woodlands and Sengkang pieces.

The private market next door: Lakeside Towers and Lucerne Grand

Two private-market events sit inside the Jurong West planning area right now, and both are routinely mis-filed under Jurong East in agent write-ups. Lakeside MRT station is in Jurong West, as are Lakeside Drive and Yuan Ching Road. The cleanest proof is HDB’s own data: the DBSS blocks at 138B–138D Yuan Ching Road, which hold Jurong West’s 5-room record, are classified by HDB itself as Jurong West town. Both developments below are therefore Jurong West comparables.

Lakeside Towers — tender closes 1 October 2026

A 144-unit, two-tower 1975 development at 9G and 9H Yuan Ching Road, with 190 metres of frontage onto Jurong Lake Gardens and a ten-minute walk to Lakeside MRT. It is on its third collective sale attempt, at a $350 million reserve, on a 153,237 sqft site — roughly $1,277 psf per plot ratio, with about 395 units achievable. The tender closes on Thursday, 1 October 2026 at 3pm.

Two facts explain why this has failed twice. The site has only 48 years of lease left on a 1975 title, so a buyer must fund a lease top-up on top of the land price. And CDL paid $1,132 psf ppr for the Lakeside Drive government land sale site that became Lucerne Grand — fresh 99-year, and closer to the MRT.

Gary’s analysis. Lakeside Towers is asking about 12.8% more per plot ratio than a developer recently paid for a fresh-99-year site nearer the station — before the lease top-up premium. I do not think that clears at $350 million on 1 October. I would expect a fourth attempt at a lower reserve, or a private-treaty deal in the ten weeks afterwards. Falsification condition: a successful award at or above reserve on 1 October, in which case the west’s land market is far stronger than I read it and every Jurong West en-bloc hopeful should re-rate. If you own in an ageing west-side development, the rules changed recently and I have summarised them in the new en bloc rules and land betterment charge.

Lucerne Grand — 570 units at Lakeside MRT

CDL’s Lakeside Drive project: 570 units in five 17-storey towers with ground-floor commercial space, adjacent to Lakeside MRT, land secured at $608 million or $1,132 psf ppr, launch flagged for 3Q2026, analysts putting average pricing around $2,400 psf. I have published a full review of Lucerne Grand separately; the one thing that belongs in an HDB article is the arithmetic of the gap.

Gary’s computation. What the same money buys, same planning area, September 2026.
Option Indicative psf ~1,000 sqft costs ~1,600 sqft costs Lease
Lucerne Grand (expected) ~$2,400 ~$2,400,000 ~$3,840,000 Fresh 99 yrs
Jurong West 4-room HDB ~$527 $530,000 (median) — ~65 yrs typical
Jurong West executive HDB ~$523 — $795,000 (median) ~58 yrs typical

A Jurong West executive flat costs roughly 21.8% of what the same floor area is expected to cost at Lucerne Grand, in the same planning area, minutes apart. That is not an argument that one is better — they are different assets with different leases, facilities and buyer pools. It is an argument that HDB stock here is not priced off the private market at all, and anyone telling you Jurong West flats will re-rate because a $2,400 psf condo launched next door is selling you a story. For the private side, start with the Jurong West condo listings.

Catalysts with hard dates — and the ones that died

Jurong West has been sold on infrastructure promises for fifteen years. Some are real and dated. Several are dead. Here is the honest board.

Status as at 14 September 2026. Dates from official and major-media sources.
Catalyst Status Hard date What it does for Jurong West
Jurong Region Line Stage 1 Slipped from end-2027 Mid-2028 Real. Boon Lay, Jurong West, Gek Poh, Tawas, Bahar Junction, Corporation, Hong Kah stations
JRL Stage 2 On plan 2028 Adds Jurong East, Toh Guan, Pandan Reservoir links
JRL Stage 3 On plan 2029 Nanyang Gateway/Crescent — NTU connectivity
Jurong Lake District MRT (Cross Island Line) On plan 2032 Six years away. Serves JLD, not Jurong West housing directly
JLD master developer white site (6.5 ha) Tender NOT awarded 13 Sep 2024 Sole bid at $6,888.90 psm GFA rejected as too low; site moved to the Reserve List
KL–Singapore High Speed Rail terminus at Lakeside Gateway CANCELLED — Nothing. Stop pricing it in
Lakeside Towers collective sale Third attempt, live Closes 1 Oct 2026 ~395 new private units if it clears
Lucerne Grand Launch flagged 3Q2026 570 units at Lakeside MRT
JLD ~100,000 jobs Long-horizon target 2040–2050 Beyond any reasonable holding period. Do not underwrite on it

Say the quiet part. The Jurong Lake District story has now produced: a cancelled high-speed rail terminus, a master developer tender that attracted exactly one bid and was rejected as too cheap, a site parked on the Reserve List, and a headline MRT station that opens in 2032. If you bought in Jurong West in 2019 on the JLD narrative, the narrative has gone backwards, not forwards. What has actually moved in your favour over that period is rent — and rent is the thing nobody was selling you.

What is real today, with no waiting: Boon Lay MRT and bus interchange attached to Jurong Point — 750,000 sq ft and more than 450 tenants, the largest mall in Singapore by tenant count and third-largest by net floor area. Nanyang Technological University. The Jurong Innovation District — Hyundai Motor Group Innovation Centre Singapore, Shimano, DMG Mori, YCH, A*STAR — linked to Jurong West by a dedicated cycling and pedestrian bridge. Jurong Lake Gardens. That base is why the rents in Section 13 are what they are, and it needed no announcement.

Supply: the other side of the ledger

Jurong West’s own BTO pipeline is modest. The real supply pressure is Tengah, immediately north, built out at scale and competing for the same west-side buyer with a brand-new 99-year lease. That is the biggest medium-term risk to Jurong West resale pricing, and one reason I would not assume the current discount narrows. Watch the upcoming BTO launches and how newly-MOP flats compare against older resale.

Who should buy Jurong West HDB resale — and who should not

Gary’s assessment.
Profile Verdict Why
Family needing 1,400–1,700 sqft on a real budget Strong buy Cheapest executive stock in Singapore, at the same psf as a 4-room. Nothing else in the country does this
Owner-occupier who works in Jurong, Tuas, NTU or JID Strong buy You capture the employment benefit that the sale price does not reflect
Buyer who will rent out rooms while living in Buy Highest room-rental demand base outside the city fringe, on the cheapest entry price
Buyer prioritising a long lease at a low price Buy — but be selective JW St 81/91/92, Ave 1/3/5 give 71–76 years. Avoid Taman Jurong and Boon Lay Place
First-timer with a $550,000 ceiling Buy A median 4-room is inside budget. Almost nowhere else is
Buyer who needs to be in town in under 30 minutes Avoid You are at the far western end of the East-West Line. This does not change in 2028
Buyer expecting capital gains from JLD Avoid The JLD timeline has moved backwards. CRL station is 2032, master site unawarded
Buyer under 35 looking at a Boon Lay maisonette Avoid CPF pro-rating and a narrowing buyer pool work against you for your entire holding period
Buyer who wants a million-dollar exit Avoid This town has never produced one in 15,737 recorded transactions
Anyone buying a 3-room purely for yield Look elsewhere Geylang 9.39% and Toa Payoh 9.28% beat Jurong West’s 8.02%

Seller playbook

  1. Price off your flat type and lease, never off your street. Jurong West Street 41’s $373,500 street median is meaningless to you if you own one of the 469–472 maisonettes that have printed $920,000 to $980,000. Pull the last six comparable sales in your own block and your own flat type, and ignore everything else.
  2. If you own an executive or maisonette in the Boon Lay 1983–86 cluster, the clock is the argument for selling now. You are at 58–60 years. Every year from here narrows your CPF-eligible buyer pool by one year of age. The record was set in June 2024 and has not been approached since. That is a signal.
  3. Price a 4-room against $530,000, not last year’s asking prices. Open at $545,000–$560,000 on a good floor with 65+ years of lease; at median or below if you are under 55 years.
  4. Lead the listing with the rent. “$3,500 a month achievable rent” is a stronger line than “$530,000”, and it is HDB’s own published figure for your flat type.
  5. Expect a slow, unpanicked buyer. Your buyer has roughly 120 Jurong West listings a month and no scarcity pressure. Budget 10–14 weeks, not 4, and do not cut price in week 5 — that just re-anchors everyone.
  6. Under 50 years in Taman Jurong or Boon Lay Place? Sell on the first serious offer. Ho Ching Road does roughly 20 deals a year across six blocks. There is no second bidder waiting.
  7. If you are in Corporation Drive or Jurong West Central 3, you are the premium product here. Do not let an agent benchmark you against Street 42.
  8. Check your seller stamp duty position before you list if you bought within the last three years — see the SSD rules — and if you are buying before selling, read the 15-month wait-out changes.

Buyer playbook

  1. Decide lease first, street second. In this town the adjusted street spread is 20.4% but the lease spread is 42 to 99 years. Lease is where your money is made or lost. Set a floor — I would not go below 65 years remaining unless you are over 50 and paying cash.
  2. The long-lease value corner is JW Street 81, 91 and 92, plus Avenues 1, 3 and 5. That 1998–2000 cluster is 172 blocks with 71–73 years remaining and street medians in the $388,000–$455,000 range. That combination of lease and price does not exist in any mature town.
  3. If you want space, the executive flats are the best value in Singapore right now — but buy the longest lease in that cohort and buy high. The psf spread between a 04–06 and a 13–15 storey maisonette on Street 41 has run to $40 psf.
  4. Do not pay up for Jurong West Central 3 or Corporation Drive unless you need the 90-year lease. At $819–$858 psf those blocks sit about 55% above the rest of the town. You are buying lease, not location.
  5. Use the rent as your downside test. If your monthly mortgage sits below HDB’s published median rent for that flat type, your downside is well protected. On a median Jurong West 4-room that is about $1,804 against $3,500.
  6. Run your MSR and TDSR before you view anything. A $530,000 4-room on a 75% HDB loan needs roughly $6,013 a month of income to clear the 30% MSR. An executive at $795,000 needs around $9,017. Check it against the TDSR and MSR rules and model it at listings.sg/tools, and decide your loan route with HDB loan vs bank loan.
  7. Negotiate on lease, not on renovation. The strongest lever in this town is pointing at the CPF pro-rating table for the block. It is factual, it is HDB policy, and it moves sellers in the 1983–86 cluster.
  8. Walk the route to the MRT before you offer. Average distance to an MRT in this town is about 920 metres, and only around a fifth of flats are within 500 metres. The Jurong Region Line will fix this for parts of the town — from mid-2028, not 2027.
  9. If you want to be near Jurong Point, look at the 663-series blocks on Jurong West Street 65 — I keep current listings near Jurong Point on the site.

The verdict

Jurong West is the cheapest big-flat market in Singapore attached to the most expensive rental market of any cheap town. HDB’s own 2Q2026 tables put it bottom of the country on 4-room, 5-room and executive medians simultaneously — something no other town achieves on even two — while pricing its executive rents at $4,000, level with Tampines. Divide one by the other and you get the highest 4-room and 5-room gross yields in Singapore, and an executive yield 89 basis points clear of second place.

It is not a capital gains story and I will not pretend otherwise. This town has never printed a million-dollar flat in 15,737 recorded transactions. The Jurong Lake District narrative has gone backwards — cancelled HSR terminus, an unawarded master developer site on the Reserve List, a Cross Island Line station in 2032. Tengah is building supply next door. And 210 of its 744 blocks are already under 60 years of lease.

But buy the right 172-block cluster — Streets 81, 91, 92 and Avenues 1, 3 and 5, at 71 to 73 years remaining — and you get a long lease, a large flat, the tightest liquidity-adjusted price dispersion of any town I have measured, roughly 120 listings a month to choose from, and a rent that covers your mortgage nearly twice over. For a family that needs space and wants the mathematics to work rather than the story to sound good, that is the best value on the island in September 2026.

新加坡买房,就找对的团队. We Serve with Heart.

Jurong West HDB resale: frequently asked questions

Is Jurong West really the cheapest HDB town in Singapore?

On the flat types most families buy, yes. In HDB’s 2Q2026 median resale price table, Jurong West records the lowest published median in Singapore for 4-room ($530,000), 5-room ($633,500) and executive ($795,000) flats. It is not cheapest on 3-room — Geylang ($358,000) and Toa Payoh ($375,000) are lower, because both have very old, very small 3-room stock. No other town in Singapore is bottom of more than one of those four lists.

Why does HDB not publish an executive median for most towns?

Because HDB withholds any median based on fewer than 20 transactions in the quarter, on the stated grounds that it may not be representative. In 2Q2026 only six of 26 towns sold 20 or more executive flats: Jurong West, Sengkang, Pasir Ris, Woodlands, Tampines and Hougang. Jurong West clears the bar because executives make up 10.3% of all its resale transactions — roughly 160 sales a year.

What is the highest price ever paid for a Jurong West HDB flat?

$980,000, for an executive maisonette at Block 471 Jurong West Street 41 in June 2024 — 149 sqm on the 10th to 12th floor, with 59 years and 9 months of lease remaining, about $611 per square foot. Jurong West has never recorded a million-dollar HDB resale transaction. Four of its five highest sales ever are 1985 maisonettes on that one street.

Is Jurong West a good place to buy an HDB flat for rental yield?

It has the highest gross yield in Singapore on 4-room (7.92%) and 5-room (7.01%) flats, computed from HDB’s own 2Q2026 median price and median rent tables. But remember you cannot own two HDB flats, and you must complete the five-year minimum occupation period and get HDB approval before renting out a whole flat. The practical value of the yield number is that it shows the price floor is well supported, and that renting out rooms while you live there works unusually well here.

Which part of Jurong West has the longest remaining lease?

The 1998–2000 cluster — Jurong West Streets 81, 91 and 92 and Jurong West Avenues 1, 3 and 5 — is 172 blocks with roughly 71 to 73 years remaining, at street medians between $388,000 and $455,000. The newest stock is Jurong West Central 3 (around 2017, roughly 90 years) and Corporation Drive (2019, roughly 92 years), but both trade at an $819 to $858 psf premium. The shortest leases are on Ho Ching Road and in Taman Jurong, at 42 to 44 years.

Are Lakeside MRT, Lucerne Grand and Lakeside Towers in Jurong West or Jurong East?

Jurong West. Lakeside MRT station, Lakeside Drive and Yuan Ching Road all sit within the Jurong West planning area. The clearest confirmation is that HDB classifies the DBSS blocks at 138B to 138D Yuan Ching Road as Jurong West town. So CDL’s 570-unit Lucerne Grand and the Lakeside Towers collective sale site are both Jurong West comparables, not Jurong East ones.

When does the Jurong Region Line actually open?

Stage 1 is now targeted for mid-2028, having slipped from an earlier end-2027 date. Stage 1 carries the stations that matter for Jurong West: Boon Lay, Jurong West, Gek Poh, Tawas, Bahar Junction, Corporation and Hong Kah. Stage 2 follows in 2028 and Stage 3 in 2029. Separately, the Jurong Lake District station on the Cross Island Line is due in 2032, and the Kuala Lumpur to Singapore High Speed Rail terminus once planned for Lakeside Gateway has been cancelled.

Should I buy in Jurong West or Jurong East?

On HDB’s 2Q2026 figures, Jurong East costs 5.5% more on a 4-room and 13.9% more on a 5-room, while rents land within 3% either way — and it does that on a stock where about 68% of blocks are already under 60 years of lease, against 28.2% in Jurong West. If you need space and a long lease for a twenty-year hold, Jurong West is the better buy. If you specifically want the East-West and North-South interchange plus the 2032 Cross Island Line station, Jurong East is the cleaner expression of that bet.

Thinking about buying or selling in Jurong West?

I will pull the last six comparable sales in your actual block, flat type and lease band — not a street median — and tell you honestly what it is worth and how long it will take. If you are buying, I will show you the lease-versus-price trade-off across all four Jurong West sub-markets before you view anything.

WhatsApp me directly at +65 8986 1688

Free valuation: buycondo.sg · Video walkthroughs and market updates: buyers.sg · Free calculators: listings.sg/tools

Gary Lim · ERA Senior Division Director · CEA Registration R009877B

17+ years in Singapore real estate and more than 500 transactions closed. I lead the BuyCondo Team and write this HDB town series because most “town guides” are dashboard screenshots with adjectives added. Every number here came from HDB’s own tables and datasets, computed by hand where nobody publishes it, and flagged where uncertain.

I also run a full property management service for landlords — tenant sourcing, inventory and handover reporting, lease renewals and rent reviews.

新加坡买房,就找对的团队 · We Serve with Heart

Disclaimer. This article is general information and market commentary, not financial, legal or investment advice. Property decisions should be made with regard to your own circumstances and, where appropriate, independent professional advice.

All figures are current as at 14 September 2026 and are subject to change. Median resale price and median rent figures are HDB’s published 2Q2026 tables. Transaction-level figures are drawn from HDB’s resale registration dataset covering January 2017 onwards. Gross yields, lease profiles, street spreads, turnover ratios and block counts marked as computations are the author’s own working and are labelled as such in-text. Provider figures from third-party sites use different bases and windows from HDB’s and are identified where used. Past transactions are not a guarantee of future prices.

Gary Lim · CEA Registration No. R009877B · ERA Realty Network Pte Ltd · CEA Licence No. L3002382K.

 

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