Common Room (HDB) for Rent in 183 Boon Lay Avenue

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 88 years, stands at an estimated value of $82,503, translating to a price per square foot (PSF) of $750. This valuation reflects a stable market condition, evidenced by a market price that shows a 0% difference from the baseline. Such stability is indicative of a balanced demand and supply dynamic within the Jurong East precinct, which is renowned for its strategic location and accessibility to various amenities.

Our analysis is underpinned by a robust model confidence rating of high, derived from a thorough assessment of 46 recent HDB resale transactions in the vicinity. This comprehensive dataset allows for a nuanced understanding of market trends and buyer sentiment. As the HDB market continues to evolve, the remaining lease of this property plays a critical role in maintaining its value, especially in a landscape where leasehold properties are scrutinized for their longevity and potential for capital appreciation.