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Block 264 Boon Lay Drive

4 Room · Built 1995 · 70 years remaining lease MOP Cleared
Latest Sale
$472,000
Mar 2024 · 4 ROOM · Floor 04-06
Median $/sqm
$3,658
Based on 4 transactions
Total Transactions
4
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 69%
#493 / 715 Top 69%
Latest Sale ?
Top 84%
#600 / 715 Top 84%
Value ($/sqm) ?
Top 86%
#614 / 715 Top 86%
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
−0.34%/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 5 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2024 04 TO 06 4 ROOM 113 sqm $472,000 $4,177
Jul 2021 04 TO 06 4 ROOM 115 sqm $424,000 $3,687
Jun 2019 07 TO 09 4 ROOM 114 sqm $360,000 $3,158
Jul 2018 13 TO 15 4 ROOM 113 sqm $410,000 $3,628
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 264 Boon Lay Drive

Block 264 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 $472,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $472,000 in 2024-03. The current median price per square metre is $3,658. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9113, with an annual lease decay rate of approximately 0.34%. 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 264 Boon Lay Drive worth?

The most recent resale transaction at Block 264 Boon Lay Drive was $472,000 for a 4 room flat in 2024-03. The median price per square metre across all flat types is $3,658, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 264 Boon Lay Drive?

Block 264 Boon Lay Drive was built in 1995 and has approximately 70 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 264 Boon Lay Drive?

Block 264 Boon Lay Drive in Jurong West contains 4 room flats. Resale prices range from $360,000 to $472,000 based on historical transaction records from data.gov.sg.

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