Common Room (HDB) for Rent in 211 Boon Lay Place

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 47 years, stands at an estimated value of $48,929, translating to $489 per square foot (PSF). This valuation reflects a stable market price, indicating a 0% difference from the baseline, which suggests that the property is aligned with current market expectations and trends. Given the proximity of this unit to essential amenities and infrastructure, it is positioned well within a dynamic neighborhood that continues to attract interest from potential buyers.

The model confidence for this valuation is deemed high, supported by a robust dataset derived from 22 recent HDB resale transactions in the vicinity. This analytical approach underscores the enduring demand for HDB properties in Jurong East, particularly considering the area's ongoing urban development and enhancements in connectivity. As the market evolves, the longevity of the remaining lease plays a critical role in sustaining property value, especially in regions experiencing revitalization and growth.