Room (HDB) for Rent in 238A Boon Lay Drive

The valuation of the two-room HDB unit in Jurong East, with a remaining lease of 75 years, stands at an estimated value of $84,221, translating to a price per square foot (PSF) of $766. This valuation reflects a stable market signal, indicating no deviation from the baseline price, which underscores the resilience of property values in this region amidst fluctuating market conditions. The high level of model confidence, supported by data from 22 recent HDB resale transactions in the vicinity, reinforces the reliability of this assessment.

Jurong East has emerged as a pivotal location within Singapore, characterized by robust infrastructure and significant development initiatives that have positively influenced property demand. The steady valuation of this HDB unit is indicative of sustained buyer interest, with the remaining lease of 75 years providing ample time for potential homeowners and investors to leverage the property for appreciation in value. As the region continues to evolve, it remains essential for stakeholders to remain attuned to market dynamics that may impact future valuations.