3 Room (3I) HDB for Rent in 209 Boon Lay Place

The valuation of the HDB 3 Room unit in Jurong East, with a remaining lease of 47 years, stands at an estimated value of $214,336, translating to a price per square foot of $306. This assessment is derived from a comprehensive analysis of 18 recent HDB resale transactions in the vicinity, reflecting a robust understanding of local market dynamics and trends. The current market price indicates a stable position, with a 0% difference from the baseline, suggesting that the property is competitively priced relative to similar units in the area.

With a remaining lease of 47 years, this HDB unit offers potential buyers a balanced opportunity between investment and occupancy. The model confidence is rated as medium, indicating that while the valuation is grounded in recent transaction data, external market factors and economic conditions could introduce variability. Buyers should consider the implications of leasehold tenure in their investment decision-making, particularly in relation to future resale potential and market demand in Jurong East, a region noted for its ongoing developments and urban rejuvenation initiatives.