3 Room (3I) HDB for Sale in 187 Boon Lay Avenue

The valuation of the HDB 3-room property located in Jurong East, with a remaining lease of 48 years, stands at an estimated value of $197,744, translating to a price per square foot (PSF) of $311. This valuation is indicative of a robust market presence, as it registers an impressive 92.2% difference from the baseline, suggesting that the property is positioned above the current market trends.

Our analysis, underpinned by high model confidence, draws from 24 recent HDB resale transactions in the vicinity, reflecting a comprehensive understanding of the local market dynamics. The premium valuation can be attributed to several factors, including Jurong East's strategic location, ongoing infrastructural developments, and the overall demand for HDB properties in the area. With the remaining lease being a crucial consideration for potential buyers, the property’s valuation suggests a confident outlook in the market, affirming its desirability among prospective homeowners and investors alike.