3 Room (3I) HDB for Rent in 186 Boon Lay Avenue

The valuation of the HDB 3-room unit located in Jurong East, with a remaining lease of 48 years, stands at an estimated value of $227,639, translating to a competitive $311 PSF. This valuation reflects the current market conditions, wherein the property exhibits a 0% difference from the baseline market price, indicating a stable demand and supply equilibrium in this neighborhood. Such stability is indicative of a resilient property market, often driven by the strategic location and ongoing infrastructure developments in Jurong East.

The model confidence for this valuation is marked as high, supported by an analysis of 24 recent HDB resale transactions within the vicinity. This robust dataset provides a comprehensive view of the market dynamics, suggesting that buyers are willing to pay a premium for properties within this area, particularly those with a reasonable remaining lease. As the Jurong region continues to evolve with new amenities and transport links, this HDB unit presents a sound investment opportunity, appealing to both first-time homebuyers and seasoned investors looking to capitalize on the growth potential of the area.