3 Room (3I) HDB for Sale in 213 Boon Lay Place

The valuation of the HDB 3-room property located in Jurong East, with a remaining lease of 47 years, has been estimated at $210,134, reflecting a price per square foot (PSF) of $300. This valuation is currently positioned above the market baseline, showcasing a significant 71.3% divergence from typical pricing metrics in the area. Such a premium suggests strong demand and potential desirability factors that may be influencing buyer sentiment within the Jurong East precinct.

Analysis of recent HDB resale transactions—19 in total—indicates a robust market dynamic, characterized by heightened interest in properties with remaining leases of this nature. The model confidence for this valuation is categorized as medium, suggesting a reasonable degree of reliability in the data, yet also highlighting the volatility often inherent in the real estate market. As Jurong East continues to develop as a key residential hub, its strategic position and ongoing infrastructural enhancements may bolster the long-term value of properties, including this HDB unit, making it a noteworthy consideration for potential buyers and investors.