3 Room (3I) HDB for Rent in 185 Boon Lay Avenue

The valuation of this 3-room HDB property in Jurong East, with a remaining lease of 48 years, stands at an estimated value of $196,015, translating to a price per square foot (PSF) of $309. This valuation reflects a stable market position, as it demonstrates a 0% difference from the baseline market price. Such equilibrium signals a healthy demand and supply dynamic within the local HDB market, particularly in this well-connected and strategically located district.

With model confidence rated as high and substantiated by 36 recent resale transactions in the vicinity, the valuation underscores the consistency of pricing trends in the area. This property not only benefits from its favorable lease tenure but also from the ongoing urban developments in Jurong East, which have been pivotal in enhancing the locale's attractiveness. Buyers seeking long-term investment in HDB properties should note the significance of lease duration, as it plays a crucial role in future valuation potentials and market desirability.