Room Rental. Punggol East is located in the Punggol, which is one of the oldest and famous residential areas in the Singapore. Many government housing projects have been developed in the Punggol during the 1960s. The real estate in the Punggol further boosted when it was declared Punggol 21 plus in 2007. There are 3k units 16.7k flats in the area while many new flats are under construction. There are many new developments taking place in the Punggol estate and all the amenities are present in the area. It is a great place for living and the residents can enjoy food, get health facilities and travel to anywhere in the city easily. Just like all the greatly planned HDB estates, Punggol has everything to make the lives of the residents comfortable and enjoyable. Punggol real estate market shows incredible growth and the property in the area is continuously booming, making it ideal for living and investing for commercial purposes.