Is it a Good Deal?: $628,000 for a three-room flat along Jurong West Central 3
A three-room HDB flat near Jurong Point and Boon Lay MRT Station was just sold for $628,000, a record-high for Jurong West (Photo: Albert Chua/EdgeProp Singapore)
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Last month, a three-room HDB flat at 697A Jurong West Central 3 in District 22 was sold for $628,000 ($858 psf), which is a record high for such flats in Jurong West. The 732-sq ft flat is located on the 13th to 15th storeys and has a long remaining lease of approximately 90 years.
We used our analytics tool, Is it a Good Deal?, to assess the transaction and determine whether the buyer of this flat secured a bargain.
Long remaining lease and close proximity to numerous amenities
The subject flat is within walking distance of numerous amenities, including Boon Lay Bus Interchange, Jurong Point, River Valley High School (secondary and junior college) and Jurong Central Park. Other nearby schools include Boon Lay Garden Primary School, Frontier Primary School, Jurong West Primary School, Lakeside Primary School, Boon Lay Secondary School and Jurong West Secondary School (see Screenshot 1).
Source: EdgeProp Is it a Good Deal (as at 12 March 2026)
Additionally, the subject flat is a short walk from Boon Lay MRT Station, which currently serves the East–West Line (see Map 1). The station is also slated to serve the Jurong Region Line when Stage 1 of the upcoming MRT line is completed in 2028.
Source: EdgeProp LandLens
Another plus point for the subject flat is its long remaining lease of approximately 90 years, as its lease started in 2017. The long remaining lease, coupled with its close proximity to various amenities, could have contributed to the subject flat’s price being significantly higher than the average prices for the neighbouring HDB projects and the district (see Screenshot 2).
Source: EdgeProp Is it a Good Deal (as at 12 March 2026)
Record high price for three-room flats in Jurong West
Data from HDB indicates that 69 three-room flats in the Jurong West HDB town have been sold so far this year for prices ranging from $300,000 to $628,000. The transacted price for the subject flat marks a new record high for three-room flats in Jurong West, surpassing the previous high of $608,888 ($832 psf), which was set in December 2025 by a flat at nearby 697B Jurong West Central 3. Like the subject flat, the flat at Block 697B measures 732 sq ft and has a lease that started in 2017.
Among the three-room flats in Jurong West that have been sold thus far this year, the subject flat is the only one that fetched more than $600,000. In comparison, three three-room flats in the same town crossed that threshold last year. Notably, all three flats are located along Jurong West Central 3 and are a short walk from the subject flat (see Table 1).
Transacted price for subject flat higher than average price for peers
Since 2020, three-room flats in Jurong West ($541 psf) have consistently commanded a higher average resale price compared to their four-room ($527 psf) and five-room ($519 psf) counterparts (see Chart 1). However, the highest price growth since 2020 has been recorded by four-room flats (45.6%), followed closely by three-room (43.5%) and five-room (41%) flats.
The lease of the subject flat started in 2017, making it nine years old. Among three-room flats that are 10 years old or less, those in Jurong West ($714 psf) share a similar average price to those in the West Region ($714 psf). Meanwhile, similar flats islandwide recorded a significantly higher price of $832 psf (see Chart 2). Notably, the transacted price of $858 psf for the subject flat is higher than that of its peers across all three areas.
Only Summerdale and The Centris are within walking distance
Summerdale and The Centris are the only private residential developments within a 500m radius of the subject flat (see Map 2). Similar to the subject flat, both developments are located in District 22.
Summerdale is a 99-year leasehold executive condo (EC) with 432 units. Located along Boon Lay Drive, the EC obtained its temporary occupation permit (TOP) in 2000, indicating that it has been privatised.
The Centris is a 99-year leasehold condo featuring 610 units. The condo obtained its TOP in 2009, making it 17 years old. Like the subject flat, The Centris is also located along Jurong West Central 3.
Source: EdgeProp LandLens (as at 12 March 2026)
At the time of writing, no units in Summerdale have been sold this year. However, 17 units from the EC were sold last year, chalking up an average resale price of $984 psf, which is lower than that for ECs in District 22 ($1,254 psf) and islandwide ($1,390 psf) (see Chart 3). Its lower price could be because Summerdale is 26 years old. Furthermore, the land lease of the 99-year leasehold EC started in 1997, leaving it with a remaining lease of around 70 years.
Additionally, Summerdale does not have any MRT stations within walking distance. Boon Lay MRT Station is the nearest station but it is more than 700m away. However, the residents are still well-served by some nearby amenities such as River Valley High School, Boon Lay Garden Primary School, Boon Lay Shopping Centre as well as Boon Lay Market and Food Village.
Having obtained its TOP in 2009, The Centris is less than 20 years old, which could explain why its average resale price of $1,689 psf is higher than that for 99-year leasehold condos in District 22 ($1,558 psf) (see Chart 4). However, the average resale price for both is lower than that of their peers islandwide ($1,733 psf).
Since 2020, The Centris has reported the highest price growth of 50.4%, compared to 99-year leasehold condos in District 22 (46.4%) and islandwide (41.7%). Its strong price growth could be because it is integrated with Boon Lay MRT Station, Boon Lay Bus Interchange and Jurong Point, thus offering convenience and connectivity to residents.
Conclusion
The subject flat at 697A Jurong West Central 3 achieved a record-high price for three-room flats in Jurong West. Its long remaining lease, close proximity to Boon Lay MRT Station and Jurong Point, as well as numerous nearby schools and amenities, likely contributed to the premium price.
In addition to setting a new record-high price for three-room flats in Jurong West, the transacted price for the subject flat ($858 psf) is also higher than the average resale prices for similar flats in the West Region ($714 psf) and islandwide ($832 psf).
To learn more about this transaction, and whether it is a good deal, click here.
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