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HDB · 642197

Blk 197B Boon Lay Dr

Project page · 99-year lease from 2015

Indicative value range
S$473,750 – S$510,540
Indicative mid S$488,035 · S$7,177 psm

Based on 12 sales in this street, last 12 months. Search widened 1 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
Sept 2026Blk 180A13 TO 1568 sqmS$528,000S$7,765 psm×1.000S$7,765 psm
Aug 2026Blk 197B13 TO 1568 sqmS$520,000S$7,647 psm×1.000S$7,647 psm
Jun 2026Blk 180A04 TO 0668 sqmS$492,500S$7,243 psm×1.000S$7,243 psm
Jun 2026Blk 197B13 TO 1568 sqmS$530,000S$7,794 psm×1.000S$7,794 psm
Jun 2026Blk 181B10 TO 1268 sqmS$463,888S$6,822 psm×1.000S$6,822 psm
Jun 2026Blk 181B10 TO 1268 sqmS$450,000S$6,618 psm×1.000S$6,618 psm
May 2026Blk 180A04 TO 0668 sqmS$470,000S$6,912 psm×1.000S$6,912 psm
Apr 2026Blk 181A04 TO 0668 sqmS$475,000S$6,985 psm×1.000S$6,985 psm
Mar 2026Blk 180A13 TO 1568 sqmS$508,888S$7,484 psm×0.997S$7,462 psm
Mar 2026Blk 181B04 TO 0668 sqmS$485,000S$7,132 psm×0.997S$7,111 psm
Feb 2026Blk 180B13 TO 1568 sqmS$508,888S$7,484 psm×0.997S$7,462 psm
Nov 2025Blk 181B07 TO 0968 sqmS$483,000S$7,103 psm×0.996S$7,075 psm

How accurate is this estimate for Boon Lay Dr?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 66 sales in Boon Lay Dr since.

Median error
4.4%

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.

6.39% gross yield

S$31,200 of rent a year against the estimate above · 0.35 points above flats like it

Homes like this rent for about S$2,600 a month, the middle of 31 approvals in the last year.

Across Singapore, flats of this type with 80 to 89 years of lease left yield 6.04%, from 35 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
Sept 2026180C3 ROOMS$2,700
Aug 20261763 ROOMS$2,800
Aug 20261743 ROOMS$2,800
Aug 20261743 ROOMS$2,600
Aug 20261763 ROOMS$2,500
Jul 2026181B3 ROOMS$3,000
Jul 2026197A3 ROOMS$2,880
Jul 20261743 ROOMS$2,650

median of 31 HDB rental approvals for 3 ROOM on Boon Lay Dr since 2025-10.

Buying or selling at S$488,035?

Buying: Stamp duty on S$488,035 · Cash and CPF needed on S$488,035 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$488,035.

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

Primary schools near 197b Boon Lay Dr

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
Aug 2026
Blk 197B · 3 ROOM · 13 TO 15 · Model A · 88 years left
68 sqmS$520,000S$7,647 psm
Jun 2026
Blk 197B · 3 ROOM · 13 TO 15 · Model A · 88 years left
68 sqmS$530,000S$7,794 psm
Oct 2025
Blk 197B · 3 ROOM · 10 TO 12 · Model A · 89 years left
68 sqmS$520,000S$7,647 psm
Aug 2025
Blk 197B · 4 ROOM · 10 TO 12 · Model A · 89 years left
93 sqmS$630,000S$6,774 psm
Jun 2025
Blk 197B · 4 ROOM · 04 TO 06 · Model A · 89 years left
93 sqmS$622,888S$6,698 psm
Apr 2025
Blk 197B · 3 ROOM · 04 TO 06 · Model A · 89 years left
68 sqmS$493,000S$7,250 psm
Aug 2024
Blk 197B · 3 ROOM · 07 TO 09 · Model A · 90 years left
68 sqmS$456,000S$6,706 psm
Jun 2024
Blk 197B · 4 ROOM · 07 TO 09 · Model A · 90 years left
93 sqmS$650,000S$6,989 psm
Mar 2024
Blk 197B · 3 ROOM · 01 TO 03 · Model A · 90 years left
68 sqmS$410,000S$6,029 psm
Feb 2024
Blk 197B · 4 ROOM · 04 TO 06 · Model A · 90 years left
93 sqmS$580,000S$6,237 psm
Jan 2024
Blk 197B · 3 ROOM · 01 TO 03 · Model A · 90 years left
excluded: outlier
68 sqmS$390,000S$5,735 psm
Dec 2023
Blk 197B · 4 ROOM · 01 TO 03 · Model A · 90 years left
93 sqmS$570,000S$6,129 psm
Mar 2023
Blk 197B · 3 ROOM · 13 TO 15 · Model A · 91 years left
68 sqmS$435,000S$6,397 psm
Oct 2022
Blk 197B · 4 ROOM · 13 TO 15 · Model A · 92 years left
93 sqmS$588,000S$6,323 psm
Sept 2022
Blk 197B · 3 ROOM · 07 TO 09 · Model A · 92 years left
68 sqmS$411,000S$6,044 psm
Jan 2022
Blk 197B · 4 ROOM · 04 TO 06 · Model A · 92 years left
93 sqmS$520,000S$5,591 psm
Dec 2021
Blk 197B · 4 ROOM · 01 TO 03 · Model A · 92 years left
93 sqmS$502,000S$5,398 psm
Nov 2021
Blk 197B · 4 ROOM · 07 TO 09 · Model A · 93 years left
93 sqmS$525,000S$5,645 psm
Oct 2021
Blk 197B · 4 ROOM · 16 TO 18 · Model A · 93 years left
93 sqmS$530,000S$5,699 psm
See more

Showing 19 of 45.

Sale prices as filed in caveats.

Where the lease takes this

About 87 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 years82 yearsS$458,226S$505,919S$547,919S$557,502
10 years77 yearsS$428,288S$522,081S$612,364S$633,971
20 years67 yearsS$387,748S$576,174S$792,680S$849,605

On a flat market the lease alone costs 21% over 20 years. Prices would need to rise about 1.16% 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.