Master Room (HDB) for Rent in 217A Boon Lay Avenue

The valuation of the HDB 2 Room unit located in Jurong East, with a remaining lease of 91 years, is estimated at $150,126, equating to a price per square foot (PSF) of $751. This valuation reflects a market price that exhibits a 0% variance from the baseline, indicating a stable and balanced market without significant fluctuations in demand or supply. Such consistency in pricing suggests a strong confidence in the property’s market position, particularly given the robust local demand for HDB units in this region.

Our analysis, bolstered by a comprehensive review of 22 recent HDB resale transactions within the vicinity, affirms a high model confidence in this valuation. The longevity of the remaining lease at 91 years enhances the attractiveness of this property, as buyers often prefer longer leases for investment stability and potential appreciation. Moreover, Jurong East's strategic location and ongoing developments in the area further contribute to the sustained interest in HDB properties, ensuring that this valuation aligns with current market dynamics and buyer sentiment.