4 Room (4A) HDB for Sale in 183B Boon Lay Avenue

The valuation of the HDB 4-room unit located in Jurong East, with a remaining lease of 86 years, stands at an estimated value of $657,875, translating to a price per square foot (PSF) of $665. This valuation is derived from a robust dataset comprising 46 recent HDB resale transactions within the vicinity, ensuring a comprehensive understanding of the local market dynamics. The model confidence for this estimation is rated as high, reflecting the accuracy and reliability of the data utilized.

Notably, the current market price indicates a 4.7% difference from the baseline, suggesting a slight upward trend in property values within Jurong East. This could potentially signal a growing demand for HDB properties in the area, driven by factors such as infrastructural developments and the overall attractiveness of the Jurong region as a residential hub. Investors and homeowners alike should take into account the remaining lease of 86 years, as it plays a crucial role in long-term valuation and market appeal. The combination of a strong valuation model and favorable market conditions positions this property as a compelling opportunity in Singapore's evolving real estate landscape.