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Block 187 Boon Lay Avenue

3 Room · Built 1978 · 51 years remaining lease · Updated May 2026 MOP Cleared

Block 187 Boon Lay Avenue has 128 recorded HDB resale transactions since 2017. Latest sale: $300,000 (May 2026, 3 room, floors 16–18). Median $4,575/sqm. Prices up 32.7% over the past five years. Built 1978, 51 years lease remaining.

Latest Sale
$300,000
May 2026 · 3 ROOM · Floor 16-18
Median $/sqm
$4,575
Based on 128 transactions
Total Transactions
128
Since Jan 2017
5-Year Trend
▲ +32.7%
Median price change
Median Price ?
Top 97%
#695 / 715 Top 97%
Latest Sale ?
Top 99%
#711 / 715 Top 99%
Value ($/sqm) ?
Top 38%
#269 / 715 Top 38%
5-Year Growth ?
Top 34%
#166 / 490 Top 34%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+5.8%/yr
vs
Lease Decay
−0.72%/yr
Growth assumption
Based on this block’s +32.7% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 51 years remaining 99 years
51 years 3 months
Remaining lease
↓ 0.72%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 51 years remaining, decay is gradual (~0.72%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,600 typically $2,000–$2,850 9.6% 24 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
May 2026 16 TO 18 3 ROOM 59 sqm $300,000 $5,085
May 2026 13 TO 15 3 ROOM 59 sqm $310,000 $5,254
Mar 2026 10 TO 12 3 ROOM 59 sqm $325,000 $5,508
Mar 2026 10 TO 12 3 ROOM 59 sqm $315,000 $5,339
Jan 2026 01 TO 03 3 ROOM 59 sqm $325,000 $5,508
Nov 2025 04 TO 06 3 ROOM 59 sqm $320,000 $5,424
Nov 2025 04 TO 06 3 ROOM 59 sqm $310,000 $5,254
Oct 2025 04 TO 06 3 ROOM 59 sqm $325,000 $5,508
Sep 2025 13 TO 15 3 ROOM 59 sqm $350,000 $5,932
Aug 2025 16 TO 18 3 ROOM 68 sqm $370,000 $5,441
Aug 2025 16 TO 18 3 ROOM 59 sqm $355,000 $6,017
Aug 2025 10 TO 12 3 ROOM 59 sqm $325,000 $5,508
Jul 2025 13 TO 15 3 ROOM 68 sqm $355,000 $5,221
Jul 2025 01 TO 03 3 ROOM 68 sqm $338,000 $4,971
May 2025 19 TO 21 3 ROOM 68 sqm $358,000 $5,265
May 2025 10 TO 12 3 ROOM 59 sqm $331,268 $5,615
May 2025 07 TO 09 3 ROOM 59 sqm $310,000 $5,254
Apr 2025 16 TO 18 3 ROOM 59 sqm $318,000 $5,390
Apr 2025 04 TO 06 3 ROOM 59 sqm $350,000 $5,932
Mar 2025 22 TO 24 3 ROOM 59 sqm $345,000 $5,847
Showing 20 of 128 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 187 Boon Lay Avenue

Block 187 at Boon Lay Avenue is a residential HDB block in Jurong West, Singapore, built in 1978 with approximately 51 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $180,000 to $370,000 based on 128 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 16 TO 18 sold for $300,000 in 2026-05. The current median price per square metre is $4,575. Over the past five years, resale prices at this block have increased by approximately 32.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8285, with an annual lease decay rate of approximately 0.72%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 187 Boon Lay Avenue worth?

The most recent resale transaction at Block 187 Boon Lay Avenue was $300,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $4,575, based on 128 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 187 Boon Lay Avenue?

Block 187 Boon Lay Avenue was built in 1978 and has approximately 51 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.72%, meaning the leasehold value decreases by approximately 0.72% per year at the current remaining lease.

What flat types are available at Block 187 Boon Lay Avenue?

Block 187 Boon Lay Avenue in Jurong West contains 3 room flats. Resale prices range from $180,000 to $370,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 187 Boon Lay Avenue gone up or down?

Resale prices at Block 187 Boon Lay Avenue have increased by approximately 32.7% over the past five years. The current median price is $276,000, with the most recent sale at $300,000 in 2026-05.

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