3 Room (3I) HDB for Rent in 211 Boon Lay Place

The valuation of the HDB 3-room unit in Jurong East, with a remaining lease of 47 years, stands at an estimated value of $273,798, translating to a price per square foot (PSF) of $391. This valuation reflects a market signal with a 0% deviation from the baseline, indicating a stable pricing environment for similar properties in the area. Given the current tenure of the lease, potential buyers must consider the implications of a shorter remaining lease, which could influence future appreciation and resale value.

Our analysis is grounded in a comprehensive review of 10 recent HDB resale transactions in the vicinity, which reinforces the median valuation and reflects the ongoing demand for HDB properties in this thriving neighborhood. The model confidence is categorized as medium, suggesting a reasonable level of certainty in the estimated value while acknowledging the potential for fluctuations in market dynamics. As Jurong East continues to develop with infrastructural enhancements and community amenities, the demand for HDB properties remains robust, positioning this unit as a noteworthy opportunity for both first-time homebuyers and seasoned investors.