3 Room (3I) HDB for Sale in 187 Boon Lay Avenue

The valuation of the 3-room HDB property in Jurong East, with a remaining lease of 48 years, presents a compelling case for investors and homebuyers alike. Estimated at $199,935, equating to a notable $315 per square foot, this property is currently positioned above the market average, with a striking 90.1% differential from the baseline valuation. This substantial premium signals an active demand within the locality, underscoring a robust buyer interest that is characteristic of the Jurong East area.

Further reinforcing this valuation is the high model confidence derived from an analysis of 36 recent HDB resale transactions in the vicinity. This data not only reflects a consistent upward trajectory in property values but also highlights the competitive nature of the market, particularly for units with a favorable lease duration. With the remaining lease of 48 years, this property benefits from a balanced perspective of longevity and investment potential, making it an attractive option for those looking to capitalize on the ongoing development and urban revitalization in Jurong East.