3 Room (3I) HDB for Rent in 186 Boon Lay Avenue

The valuation of the 3-room HDB unit in Jurong East, with a remaining lease of 48 years, stands at an estimated value of $200,362, equating to a price per square foot of $311. This assessment reflects a stable market position, indicating a market price that shows no deviation from the established baseline. Such stability is particularly noteworthy in a dynamic property landscape, suggesting a consistent demand for HDB properties in this area.

The analysis is underpinned by a robust model confidence rating of high, derived from 23 recent HDB resale transactions in the vicinity. This data set not only reinforces the accuracy of the valuation but also highlights the competitive nature of the Jurong East market. As buyers remain vigilant in their search for value, the longevity of the remaining lease plays a crucial role in influencing buyer sentiment and investment decisions.

Given these dynamics, it is imperative for potential buyers to consider the implications of lease tenure on future resale value and overall investment strategy. The Jurong East area continues to be a focal point for property investment, making this HDB unit an attractive proposition for both owner-occupiers and investors alike.