4 Room (4A) HDB for Rent in 258 Boon Lay Drive

The valuation of the HDB 4 Room flat in Jurong East, with a remaining lease of 67 years, is positioned at an estimated value of $588,102, translating to a price per square foot (PSF) of $470. This valuation reflects a market signal of 0% difference from the baseline, indicating a balanced assessment within the current market dynamics. The data is derived from an analysis of 9 recent HDB resale transactions in the vicinity, reinforcing the model's confidence at a medium level.

In the context of Singapore's real estate landscape, the remaining lease of 67 years is a crucial factor influencing buyer sentiment and valuation stability. Properties with shorter leases tend to experience a decline in demand, yet Jurong East's strategic location and ongoing urban development initiatives contribute positively to the perceived value of HDB flats in the area. As the market stabilizes, the valuation reflects the resilience of the Jurong East district, underscoring its potential for sustained interest among homebuyers and investors alike.