3 Room (3I) HDB for Sale in 212 Boon Lay Place

The valuation of the HDB 3 Room property in Jurong East, with a remaining lease of 47 years, stands at an estimated value of $213,136, translating to a price per square foot (PSF) of $300. This valuation is notably above the market baseline, reflecting a substantial difference of 64.2%. Such a premium signals a strong demand for HDB properties in this area, indicating that buyers are willing to pay a higher price for the unique advantages offered by this location.

This analysis is substantiated by a review of 19 recent HDB resale transactions in the vicinity, contributing to a medium level of model confidence. The above-market valuation suggests that factors such as proximity to key amenities, transportation links, and community development initiatives in Jurong East are likely driving this price appreciation. As the urban landscape continues to evolve, properties with a favorable lease period and strategic location are poised to attract discerning buyers, reinforcing the notion that Jurong East remains a highly sought-after district in Singapore's real estate market.