Real Estate with High Rental Yield Near Jurong Lake: Why Investors Are Turning West

In this blog, we explore why the Jurong Lake area is rapidly growing in appeal, what types of properties are driving rental demand, and how you can position yourself to benefit from this evolving urban landscape.

Jurong Lake District: A Catalyst for Real Estate Growth

Jurong Lake District is Singapore’s largest commercial and regional hub outside the city centre. With the government’s extensive master plan to develop this district into a mixed-use urban space, property in this area is no longer just for owner-occupation—it’s a hotspot for investment.

The Urban Redevelopment Authority (URA) plans include:

120 hectares of new mixed-use developments
A new integrated transport hub
Green corridors and waterfront parks
Major commercial spaces and job opportunities

With these upgrades, rental demand is expected to remain strong and consistent, especially from professionals, students, and expatriates working in the western region.

Why Rental Yields Are Higher Near Jurong Lake

Rental yield—the annual rental income as a percentage of the property’s purchase price—is one of the key metrics for assessing property investment performance. Properties near Jurong Lake consistently show above-average rental yields for several reasons:

1. Proximity to Business Hubs

Jurong is home to several business parks and industrial estates, including the International Business Park and CleanTech Park. As more businesses decentralize from the CBD, demand for housing near workplaces continues to grow.

2. Educational Institutions Nearby

The presence of top-tier schools and tertiary institutions like Nanyang Technological University (NTU) and Canadian International School adds consistent rental demand from students and faculty.

3. Transport Connectivity

Jurong East is already a major transport node, with MRT access via East-West and North-South lines. Future additions like the Jurong Region Line and High-Speed Rail connection to Malaysia further elevate accessibility.

4. Recreational and Lifestyle Appeal

With Jurong Lake Gardens, shopping malls like JEM and Westgate, and dining districts, tenants are drawn to the lifestyle offerings in the west. Green spaces near the lake also provide added quality-of-life value, especially for long-term renters.

Types of Tenants and Market Demand

The area around Jurong Lake attracts a broad tenant demographic, including:

Young professionals working in Tuas or One-North
Foreign students enrolled in western-region institutions
Expats with families seeking proximity to international schools
Couples and small families preferring suburban environments with connectivity

This variety ensures demand across property types—1-bedroom units for singles, 2-3 bedroom units for families, and premium condos for expats.

Property Types That Offer High Rental Returns

If you're investing in real estate with high rental yield near Jurong Lake, the following types of units have shown consistent performance:

1. Compact 1- and 2-Bedroom Units

These are especially popular among singles and young couples. Smaller units typically fetch higher rental yields due to their lower entry price but relatively strong rental demand.

2. Units with Lake or Park Views

Properties offering scenic views or proximity to Jurong Lake Gardens command a rental premium. These attract expats or working professionals seeking a more lifestyle-oriented home.

3. Integrated Developments

Mixed-use properties with direct access to shopping, dining, and MRT stations are in high demand. Tenants are willing to pay more for convenience and accessibility.

4. New Launch Condos

Modern facilities, smart home features, and energy efficiency make new launch properties appealing to a wide range of tenants. While these may have a higher purchase price, the rental returns often justify the investment.

Factors to Consider Before Investing

While the area’s fundamentals are strong, investors should consider:

Developer reputation and unit build quality
Leasehold vs freehold status
Maintenance costs vs potential rental income
Nearby competing developments
Unit layout efficiency and tenant preferences

It's also crucial to consider long-term plans for resale and capital appreciation, as Jurong’s transformation is expected to unfold over the next 10–15 years.

What the Future Holds

With the upcoming Jurong Innovation District and healthcare campus, the region’s job market is set to expand significantly. As more professionals migrate to the west, demand for quality housing near Jurong Lake will grow.

The integration of smart infrastructure, improved green spaces, and increased connectivity positions Jurong as not just a regional centre—but as Singapore’s next big urban success story.

Conclusion

For investors looking to balance stability with growth potential, real estate with high rental yield near Jurong Lake presents a compelling opportunity. From location advantages and master plan benefits to tenant demand and rising lifestyle appeal, the area ticks all the boxes for long-term property performance.

Whether you’re entering the market for the first time or adding to your portfolio, now may be the perfect time to explore this dynamic and evolving real estate landscape in the west of Singapore.