Property Market in Jurong

Jurong sits in the middle of Singapore's residential price spectrum. According to URA transaction records from 2022 to 2025,D22 has recorded 3,035 private residential transactions, making it a moderately active district with steady deal flow. The median condominium and apartment price stands at S$1.6M, which is 10% below the Singapore-wide median of S$1.7M.

Jurong Road was a road in western Singapore. It was the oldest road in Jurong area, having been first constructed between 1852 and 1853 during the early British colonial period to create a proper road link between the rural areas of Jurong and the rest of Singapore.

The private residential market in Jurong spans 7 property categories. Condominiums lead with 1,373 transactions at a median of S$1.4M. The distinction between condominiums and apartments in Singapore is largely regulatory (condominiums must meet a minimum land area of 4,000 sqm and include recreational facilities), but prices also reflect differences in unit size and development scale.

Jurong also has an active landed property segment. Terrace houses trade at a median of S$2.2M, semi-detached homes at S$2.5M, and detached houses at S$6.5M. Landed properties in Jurong offer an alternative to high-rise living at prices that vary significantly with plot size and condition.

Tenure is a defining factor in Jurong's property pricing. Freehold properties trade at a median of S$4.0M, while 99-year leasehold units trade at S$1.5M. That is a 172% premium for freehold, or approximately S$2.6M more in absolute terms.

On a per-square-metre basis, the gap narrows somewhat: freehold at S$13,685/sqm versus leasehold at S$17,075/sqm. For buyers weighing freehold versus leasehold in Jurong, the key question is time horizon. Freehold properties hold value over decades and face no lease decay, but new 99-year leasehold developments often offer modern facilities and layouts at a lower entry price. New leasehold launches have been active in Jurong, with 2,960 transactions versus 22 freehold.

For condominiums and apartments in Jurong, floor level creates a measurable price gradient. Units on floors 36-40 sell for a median of S$2.3M, while units on floors 01-05 sell for S$1.4M. That is a 61% premium for higher floors, worth approximately S$866K per unit.

In Jurong, the high-floor premium reflects better ventilation, natural light, reduced noise, and improved views. Buyers targeting a specific development can use this gradient to estimate how much they save by choosing a mid-floor unit instead of a top-floor one.

Rental rates in Jurong average S$4.94 psf per square foot per month, placing the district moderate rental rates, balancing affordability with reasonable landlord returns. The highest rents are commanded by J GATEWAY at S$6.83 psf.

The rental spread within Jurong runs from S$3.68 psf at PARC OASIS to S$6.83 psf at J GATEWAY. This range reflects differences in development age, finish quality, proximity to MRT, and whether the unit is furnished. Investors evaluating gross rental yield in Jurong should compare these rates against the purchase price per square foot to assess returns.

The most actively traded development in Jurong is J'DEN on JURONG EAST CENTRAL 1, with 356 URA-recorded transactions at a median of S$2,132,000. THE LAKEGARDEN RESIDENCES follows with 279 transactions at S$1,989,000.

High transaction volumes typically indicate active secondary markets with good liquidity. Buyers who may need to sell within a few years should consider developments with proven resale activity, as these tend to attract a broader pool of buyers when the time comes.

In pricing terms, Jurong sits closest to Balestier (S$1.6M), Anson (S$1.6M), Bedok (S$1.5M). Buyers looking for a lower entry point could consider Kranji at S$1.1M, which is 43% cheaper. Those with a larger budget might look at Telok Blangah at S$2.6M.