Common Room (HDB) for Rent in 186 Boon Lay Avenue

The current valuation of the HDB 5 Room unit in Jurong East is set at an estimated value of $414,850, which translates to a price per square foot (PSF) of $370. With a remaining lease of 48 years, this property exhibits a stable market position, supported by a robust analysis of 234 recent HDB resale transactions within the vicinity. The model confidence rating is categorized as High, indicating a strong reliability in the valuation metrics.

Notably, the property is currently listed at a market price reflecting a 0% difference from the baseline, suggesting a balanced equilibrium between supply and demand in this segment. This stability is particularly significant given the diminishing lease terms typical in the HDB market, which often influences buyer sentiment and pricing strategies. As such, the Jurong East region continues to be a focal point for potential homeowners and investors, driven by its strategic location and ongoing urban developments that enhance its appeal in the competitive real estate landscape.