Common Room (HDB) for Rent in 176 Boon Lay Drive

The valuation of the HDB 2-room unit in Jurong East, with a remaining lease of 51 years, reflects a calculated estimated value of $23,419, translating to a price per square foot of $520. This valuation is grounded in robust market activity, supported by an analysis of 46 recent HDB resale transactions within the vicinity. The model confidence is rated as high, underscoring the reliability of this assessment in the current market context.

Importantly, this property exhibits a market price that is aligned with the baseline, indicating a 0% difference. Such stability in pricing signals a balanced demand-supply dynamic in Jurong East, a region known for its strategic connectivity and emerging developments. As the remaining lease of 51 years may influence buyer sentiment, the consistent market performance suggests a resilient interest in HDB properties within this locale, reinforcing the unit's value proposition in the long-term residential market.