HDB BTO June 2024 Jurong East Review: 3-Minute Walk to the Jurong Region Line (JRL)

HDB BTO June 2024 Jurong East Review: 3-Minute Walk to the Jurong Region Line (JRL)
HDB BTO June 2024 Jurong East Review: 3-Minute Walk to the Jurong Region Line (JRL)

The HDB BTO June 2024 Jurong East flats will provide more housing options for those who want to live in the west side of Singapore, in the Jurong Lake District (JLD), which has been nicknamed Singapore’s second Central Business District (CBD).

Although these upcoming HDB BTO June 2024 Jurong East flats seem quite out of the way right now, they will soon be connected via the upcoming Jurong Region Line (JRL).

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Apply for a BTO Flat (Video)

HDB BTO June 2024: Latest BTO News

  • From the June 2024 BTO launch onwards, the HDB Staggered Downpayment Scheme will be enhanced to help young couples finance their new homes
  • Starting this year, the yearly BTO launches will be reduced to three – occurring in February, June, and October – instead of four.
  • HDB plans to release fewer BTO flats in 2024, with approximately 19,600 units compared to the 22,780 units launched in 2023.
  • As outlined in the National Day Rally 2023 address, the June 2024 HDB BTO launch will mark the conclusion of categorising estates into mature and non-mature categories.
  • Subsequently, commencing from the second half of 2024, newly launched BTO flats will be categorised as Standard, Plus, or Prime.

BTO Jurong East June 2024

Nearest MRT station(s) Pandan Reservoir MRT station (opening in 2028)
Nearby amenities Teban Gardens Food Centre, Ayer Rajah Community Club, Pandan Reservoir, Teban Place, and International Business Park
Nearby schools Pandan Primary School, Commonwealth Secondary School, and Fuhua Primary School
Unit mix and prices 2-room Flexi flats (TBA)
3-room flats (TBA)
4-room flats (TBA)
5-room flats (TBA)
Location of the Jurong East HDB BTO June 2024 flats, bounded by Jurong Town Hall Road and Teban Gardens Road. Source: HDB

The upcoming Jurong East HDB BTO project in June 2024 offers convenient access to transportation, with Pandan Reservoir MRT station on the JRL just a three-minute walk away. This station connects to Jurong East MRT station, two stops away, providing access to the East-West Line (EWL) and North-South Line (NSL).

With approximately 1,070 flats ranging from 2-room Flexi to 5-room configurations, the project caters to households of various sizes. Additionally, families benefit from nearby schools that include Pandan Primary School, Fuhua Primary School and Commonwealth Secondary School. They will also be close to tertiary institutes like Nanyang Technological University.

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Jurong East BTO Price (HDB BTO June 2024 Launch)

Unit type Jurong East BTO prices (HDB BTO June 2024) Previous Jurong East BTO prices(HDB BTO Aug 2022) Previous Jurong East BTO prices (HDB BTO Aug 2021) Median Jurong East HDB resale prices (Q4 2023)
2-room Flexi From $150,000 (estimated) From $97,000 to $170,000 From $121,000 to $189,000 $302,500
3-room From $250,000 (estimated) From $194,000 to $245,000 From $237,000 to $281,000 $365,000
4-room From $350,000 (estimated) From $283,000 to $388,000 From $347,000 to $436,000 $497,500
5-room From $450,000 (estimated) N/A N/A $628,000

With the previous Jurong East HDB BTO launches in August 2022 and August 2021 – with the latter being a fresh launch in a decade – it’s likely that there will be healthy demand for these flats.

Being further away from Singapore’s city centre, prices are more affordable, but residents enjoy the greenery of the developing JLD and the bustling hive of activity around Jurong East MRT station, which houses malls Westgate, Jem, Jcube, and IMM.

Budgeting for Your Jurong East HDB BTO June 2024 Home Loan

HDB BTO June 2024 Jurong East unit type Price (estimated) HDB loan Bank loan (3.25% p.a.)
2-room Flexi From $150,000  $30,000 downpayment, estimated $544 monthly mortgage repayments $37,500 downpayment, estimated $548 monthly mortgage repayments
3-room From $250,000 $50,000 downpayment, estimated $907 monthly mortgage repayments $62,500 downpayment, estimated $914 monthly mortgage repayments
4-room From $350,000 $70,000 downpayment, estimated $1,270 monthly mortgage repayments $87,500 downpayment, estimated $1,297 monthly mortgage repayments
5-room From $450,000 $90,000 downpayment, estimated $1,633 monthly mortgage repayments $112,500 downpayment, estimated $1,645 monthly mortgage repayments

The above calculations were done using the PropertyGuru Finance mortgage affordability calculator.

[AffordabilityCalculator][/AffordabilityCalculator]

Considering taking a bank loan to finance your Kallang/Whampoa HDB BTO June 2024 flat? Browse the cheapest bank loan rates in Singapore right now.

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Conclusion: Is the Jurong East June HDB BTO 2024 Project Worth Balloting For?

Pros of Jurong East June BTO 2024

  • Transport links via the Jurong Region Line to nearby Jurong East MRT station (North-South Line, East-West Line)
  • Large number of units available (about 1,070)
  • Good range of flat types, from 2-room Flexi to 5-room units
  • Plenty of nearby malls, which boast a slew of amenities and facilities
  • Near the Ayer Rajah Expressway for convenience
  • Greenery and water bodies nearby

Cons of Jurong East June BTO 2024

  • Longer travel time to city centre
  • Not directly connected to a major MRT station
  • Might be noisy with traffic noises from the nearby expressway

HDB BTO June 2024 Launch Reviews

Before you decide which HDB BTO June 2024 project you should apply for, read our other reviews:

  • HDB BTO June 2024: Jurong East, Kallang/Whampoa, Queenstown, Tampines, Woodlands, Yishun
  • HDB BTO June 2024 Kallang/Whampoa Review: Stay in Tanjong Rhu, Along Geylang River
  • HDB BTO June 2024 Queenstown Review: Near Holland Village and Buona Vista MRT Stations
  • HDB BTO June 2024 Woodlands Review: A Short Drive to the RTS Link for Quick Trips to JB
  • HDB BTO June 2024 Yishun Review: A Few Bus Stops to Khatib MRT Station
  • HDB BTO June 2024 Tampines Review: Near Tampines West MRT Station

Alternatively, you can consider applying for a Sale of Balance Flats (SBF) launch.

For more property news, content and resources, check out PropertyGuru’s guides section.

Looking for a new home? Head to PropertyGuru to browse the top properties for sale in Singapore.

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