Common Room (HDB) for Rent in 207 Boon Lay Place

The valuation of the HDB 2-room unit in Jurong East, with a remaining lease of 47 years, reflects a stable market condition, evidenced by its estimated value of $63,158, equating to a price per square foot of $490. This valuation is particularly significant as it aligns exactly with the baseline market price, indicating a balanced interplay between supply and demand in this sought-after locale. The strong model confidence rating of 'High' reinforces the reliability of this appraisal, derived from an analysis of 22 recent HDB resale transactions within the vicinity.

Jurong East has consistently demonstrated resilience in the face of fluctuating market conditions, largely attributed to its strategic location and ongoing infrastructural developments. The remaining lease of 47 years is a critical factor influencing buyer sentiment, as it offers a reasonable balance between affordability and ownership duration. As the market continues to evolve, this property serves as a key indicator of the current HDB landscape, suggesting that potential buyers and investors can expect a stable investment opportunity with minimal immediate risk, provided market dynamics remain constant.