5 Room (5STD) HDB for Sale in 200 Boon Lay Drive

The valuation of the HDB 5 Room unit in Jurong East, with a remaining lease of 49 years, is estimated at $397,790, translating to a price per square foot (PSF) of $306. This valuation is noteworthy as it stands at a remarkable 60.9% above the market baseline, indicating a strong demand for HDB properties in this locality. The affluent nature of the Jurong East area, coupled with its strategic proximity to essential amenities and transport links, has contributed to this heightened valuation, showcasing the desirability of living in a well-connected urban hub.

Analysing the recent market transactions, which include 17 resale activities in the vicinity, it is evident that the current valuation reflects a medium level of confidence, suggesting potential fluctuations in buyer sentiment and external economic factors. The dynamics of the HDB market, particularly in Jurong East, are influenced by the remaining lease period, as properties with longer leases are often perceived as more attractive investments. As the remaining lease diminishes, this valuation could shift, warranting close monitoring of market trends and buyer activity in the area.