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HDB · 640221

Blk 221 Boon Lay Pl

Project page · 99-year lease from 1979

Indicative value range
S$506,611 – S$580,267
Indicative mid S$545,000 · S$5,000 psm

Based on 21 sales in projects within 1 km, last 24 months. Search widened 3 of 3 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Jul 2026Blk 529 · 680 m01 TO 03118 sqmS$590,000S$5,000 psm×1.000S$5,000 psm
Jul 2026Blk 529 · 680 m19 TO 21118 sqmS$600,000S$5,085 psm×1.000S$5,085 psm
Jun 2026Blk 523 · 680 m04 TO 06118 sqmS$595,000S$5,042 psm×1.000S$5,042 psm
May 2026Blk 199 · 569 m10 TO 12121 sqmS$548,000S$4,529 psm×1.000S$4,529 psm
Apr 2026Blk 22119 TO 21109 sqmS$531,000S$4,872 psm×1.000S$4,872 psm
Apr 2026Blk 522 · 680 m22 TO 24118 sqmS$665,000S$5,636 psm×1.000S$5,636 psm
Feb 2026Blk 529 · 680 m10 TO 12118 sqmS$650,000S$5,508 psm×0.997S$5,492 psm
Jan 2026Blk 202 · 569 m04 TO 06120 sqmS$525,000S$4,375 psm×0.997S$4,362 psm
Nov 2025Blk 203 · 569 m04 TO 06122 sqmS$530,000S$4,344 psm×0.996S$4,327 psm
Nov 2025Blk 529 · 680 m04 TO 06118 sqmS$606,000S$5,136 psm×0.996S$5,115 psm
Sept 2025Blk 204 · 569 m19 TO 21120 sqmS$585,000S$4,875 psm×0.996S$4,853 psm
Aug 2025Blk 204 · 569 m10 TO 12120 sqmS$528,000S$4,400 psm×0.996S$4,381 psm
Aug 2025Blk 529 · 680 m13 TO 15118 sqmS$648,000S$5,492 psm×0.996S$5,467 psm
May 2025Blk 529 · 680 m13 TO 15118 sqmS$678,000S$5,746 psm×1.000S$5,743 psm
May 2025Blk 529 · 680 m04 TO 06118 sqmS$609,000S$5,161 psm×1.000S$5,158 psm
Apr 2025Blk 198 · 569 m10 TO 12121 sqmS$585,000S$4,835 psm×1.000S$4,832 psm
Apr 2025Blk 200 · 569 m01 TO 03112 sqmS$503,888S$4,499 psm×1.000S$4,497 psm
Feb 2025Blk 201 · 569 m07 TO 09122 sqmS$562,000S$4,607 psm×1.009S$4,648 psm
Jan 2025Blk 22125 TO 27109 sqmS$515,000S$4,725 psm×1.009S$4,767 psm
Nov 2024Blk 523 · 680 m22 TO 24118 sqmS$613,000S$5,195 psm×1.025S$5,324 psm
Nov 2024Blk 522 · 680 m19 TO 21118 sqmS$728,000S$6,169 psm×1.025S$6,322 psm

How accurate is this estimate for Boon Lay Pl?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 42 sales in Boon Lay Pl since.

Median error
4.3%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

7.71% gross yield

S$42,000 of rent a year against the estimate above · 1.83 points above flats like it

Homes like this rent for about S$3,500 a month, the middle of 6 approvals in the last year.

Across Singapore, flats of this type with 50 to 59 years of lease left yield 5.88%, from 39 blocks. This town has too few such blocks to measure on its own.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Apr 20262215 ROOMS$3,600
Apr 20262085 ROOMS$3,000
Mar 20262215 ROOMS$2,900
Feb 20262215 ROOMS$3,500
Jan 20262215 ROOMS$3,600
Nov 20252215 ROOMS$3,500

median of 6 HDB rental approvals for 5 ROOM on Boon Lay Pl since 2025-10.

Buying or selling at S$545,000?

Buying: Stamp duty on S$545,000 · Cash and CPF needed on S$545,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$545,000.

Each opens with this figure filled in; change anything there.

Primary schools near 221 Boon Lay Pl

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Apr 2026
Blk 221 · 5 ROOM · 19 TO 21 · Standard · 52 years left
109 sqmS$531,000S$4,872 psm
Jan 2025
Blk 221 · 5 ROOM · 25 TO 27 · Standard · 54 years left
109 sqmS$515,000S$4,725 psm
Feb 2024
Blk 221 · 5 ROOM · 10 TO 12 · Standard · 54 years left
109 sqmS$465,000S$4,266 psm
Oct 2022
Blk 221 · 5 ROOM · 07 TO 09 · Standard · 56 years left
109 sqmS$420,000S$3,853 psm
See more

Showing 4 of 23.

Sale prices as filed in caveats.

Where the lease takes this

About 51 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years46 yearsS$517,547S$571,414S$618,852S$629,675
10 years41 yearsS$487,398S$594,135S$696,879S$721,468

On a flat market the lease alone costs 11% over 10 years. Prices would need to rise about 1.12% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.