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Block 257 Boon Lay Drive

4 Room · Built 1995 · 70 years remaining lease · Updated Jul 2024 MOP Cleared

Block 257 Boon Lay Drive has 5 recorded HDB resale transactions since 2017. Latest sale: $555,000 (Jul 2024, 4 room, floors 07–09). Median $3,348/sqm. Built 1995, 70 years lease remaining.

Latest Sale
$555,000
Jul 2024 · 4 ROOM · Floor 07-09
Median $/sqm
$3,348
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 83%
#592 / 715 Top 83%
Latest Sale ?
Top 55%
#395 / 715 Top 55%
Value ($/sqm) ?
Top 96%
#686 / 715 Top 96%
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
+3%/yr
vs
Lease Decay
−0.35%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 70 years remaining 99 years
70 years
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.35%/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
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

No popular school is within 1 km, but 2sit in the 1–2 km second-priority band.

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
Jul 2024 07 TO 09 4 ROOM 113 sqm $555,000 $4,912
Sep 2019 10 TO 12 4 ROOM 112 sqm $375,000 $3,348
Jul 2019 04 TO 06 4 ROOM 113 sqm $373,888 $3,309
Jul 2018 04 TO 06 4 ROOM 115 sqm $360,000 $3,130
Jan 2017 07 TO 09 4 ROOM 112 sqm $423,000 $3,777
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 257 Boon Lay Drive

Block 257 at Boon Lay Drive is a residential HDB block in Jurong West, Singapore, built in 1995 with approximately 70 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $360,000 to $555,000 based on 5 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $555,000 in 2024-07. The current median price per square metre is $3,348. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9100, with an annual lease decay rate of approximately 0.35%. 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 257 Boon Lay Drive worth?

The most recent resale transaction at Block 257 Boon Lay Drive was $555,000 for a 4 room flat in 2024-07. The median price per square metre across all flat types is $3,348, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 257 Boon Lay Drive?

Block 257 Boon Lay Drive was built in 1995 and has approximately 70 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 257 Boon Lay Drive?

Block 257 Boon Lay Drive in Jurong West contains 4 room flats. Resale prices range from $360,000 to $555,000 based on historical transaction records from data.gov.sg.

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