3 Room (3I) HDB for Rent in 211 Boon Lay Place

The valuation of this HDB 3-room unit located in Jurong East, with a remaining lease of 47 years, stands at an estimated value of $273,798, translating to a price per square foot (PSF) of $391. This valuation reflects a market price that is consistent with baseline expectations, indicating a 0% difference from the established market norms. The data is derived from an analysis of 10 recent HDB resale transactions in the immediate vicinity, offering a robust comparative basis for this valuation.

With the remaining lease of 47 years, the property is positioned within a competitive segment of the HDB market. The medium model confidence suggests that while the valuation aligns closely with current market trends, there may be fluctuations in buyer sentiment or market dynamics that could impact future pricing. The Jurong East area is undergoing significant development, which may contribute positively to property values in the long term, making this a critical point for potential investors and homeowners alike. The stability in pricing, coupled with ongoing infrastructural enhancements, reinforces the attractiveness of this HDB unit as a viable investment opportunity.