Skip to content

Block 197B Boon Lay Drive

3 Room · 4 Room · Built 2015 · 87 years remaining lease · Updated Jun 2026 MOP Cleared

Block 197B Boon Lay Drive has 44 recorded HDB resale transactions since 2017. Latest sale: $530,000 (Jun 2026, 3 room, floors 13–15). Median $5,526/sqm. Prices up 25.6% over the past five years. Built 2015, 87 years lease remaining.

Latest Sale
$530,000
Jun 2026 · 3 ROOM · Floor 13-15
Median $/sqm
$5,526
Based on 44 transactions
Total Transactions
44
Since Jan 2017
5-Year Trend
▲ +25.6%
Median price change
Median Price ?
Top 56%
#397 / 715 Top 56%
Latest Sale ?
Top 63%
#451 / 715 Top 63%
Value ($/sqm) ?
Top 7%
#47 / 715 Top 7%
5-Year Growth ?
Top 67%
#327 / 490 Top 67%
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
+4.7%/yr
vs
Lease Decay
−0.18%/yr
Growth assumption
Based on this block’s +25.6% 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 87 years remaining 99 years
87 years 11 months
Remaining lease
↓ 0.18%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 87 years remaining, decay is gradual (~0.18%/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). This block has too few rentals on record, so figures shown are the Jurong West average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,700 typically $2,400–$3,000 8.1% Jurong West avg · block too thin
4-Room $3,400 typically $3,100–$3,700 7.6% Jurong West avg · block too thin
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 2 popular schools. 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
Jun 2026 13 TO 15 3 ROOM 68 sqm $530,000 $7,794
Oct 2025 10 TO 12 3 ROOM 68 sqm $520,000 $7,647
Aug 2025 10 TO 12 4 ROOM 93 sqm $630,000 $6,774
Jun 2025 04 TO 06 4 ROOM 93 sqm $622,888 $6,698
Apr 2025 04 TO 06 3 ROOM 68 sqm $493,000 $7,250
Aug 2024 07 TO 09 3 ROOM 68 sqm $456,000 $6,706
Jun 2024 07 TO 09 4 ROOM 93 sqm $650,000 $6,989
Mar 2024 01 TO 03 3 ROOM 68 sqm $410,000 $6,029
Feb 2024 04 TO 06 4 ROOM 93 sqm $580,000 $6,237
Jan 2024 01 TO 03 3 ROOM 68 sqm $390,000 $5,735
Dec 2023 01 TO 03 4 ROOM 93 sqm $570,000 $6,129
Mar 2023 13 TO 15 3 ROOM 68 sqm $435,000 $6,397
Oct 2022 13 TO 15 4 ROOM 93 sqm $588,000 $6,323
Sep 2022 07 TO 09 3 ROOM 68 sqm $411,000 $6,044
Jan 2022 04 TO 06 4 ROOM 93 sqm $520,000 $5,591
Dec 2021 01 TO 03 4 ROOM 93 sqm $502,000 $5,398
Nov 2021 07 TO 09 4 ROOM 93 sqm $525,000 $5,645
Oct 2021 16 TO 18 4 ROOM 93 sqm $530,000 $5,699
Jul 2021 16 TO 18 3 ROOM 68 sqm $386,000 $5,676
Apr 2021 07 TO 09 4 ROOM 93 sqm $515,000 $5,538
Showing 20 of 44 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 197B Boon Lay Drive

Block 197B at Boon Lay Drive is a residential HDB block in Jurong West, Singapore, built in 2015 with approximately 87 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $303,888 to $650,000 based on 44 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 13 TO 15 sold for $530,000 in 2026-06. The current median price per square metre is $5,526. Over the past five years, resale prices at this block have increased by approximately 25.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9514, with an annual lease decay rate of approximately 0.18%. 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 197B Boon Lay Drive worth?

The most recent resale transaction at Block 197B Boon Lay Drive was $530,000 for a 3 room flat in 2026-06. The median price per square metre across all flat types is $5,526, based on 44 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 197B Boon Lay Drive?

Block 197B Boon Lay Drive was built in 2015 and has approximately 87 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.18%, meaning the leasehold value decreases by approximately 0.18% per year at the current remaining lease.

What flat types are available at Block 197B Boon Lay Drive?

Block 197B Boon Lay Drive in Jurong West contains 3 room, 4 room flats. Resale prices range from $303,888 to $650,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 197B Boon Lay Drive gone up or down?

Resale prices at Block 197B Boon Lay Drive have increased by approximately 25.6% over the past five years. The current median price is $452,000, with the most recent sale at $530,000 in 2026-06.

Link copied to clipboard