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Block 188 Boon Lay Drive

2 Room · Built 1978 · 51 years remaining lease · Updated Mar 2026 MOP Cleared

Block 188 Boon Lay Drive has 9 recorded HDB resale transactions since 2017. Latest sale: $300,000 (Mar 2026, 2 room, floors 07–09). Median $4,894/sqm. Prices up 41.5% over the past five years. Built 1978, 51 years lease remaining.

Latest Sale
$300,000
Mar 2026 · 2 ROOM · Floor 07-09
Median $/sqm
$4,894
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
▲ +41.5%
Median price change
Median Price ?
Top 100%
#714 / 715 Top 100%
Latest Sale ?
Top 100%
#713 / 715 Top 100%
Value ($/sqm) ?
Top 21%
#152 / 715 Top 21%
5-Year Growth ?
Top 9%
#45 / 491 Top 9%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+7.2%/yr
vs
Lease Decay
−0.72%/yr
Growth assumption
Based on this block’s +41.5% 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 51 years remaining 99 years
51 years 5 months
Remaining lease
↓ 0.72%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 51 years remaining, decay is gradual (~0.72%/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
2-Room $2,450 typically $2,200–$2,550 8.2% 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 4 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.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 188 Boon Lay Drive in Jurong West, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Jurong West
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 07 TO 09 2 ROOM 47 sqm $300,000 $6,383
Jan 2024 04 TO 06 2 ROOM 48 sqm $260,000 $5,417
Dec 2023 04 TO 06 2 ROOM 44 sqm $247,000 $5,614
Oct 2022 01 TO 03 2 ROOM 47 sqm $230,000 $4,894
Jan 2022 01 TO 03 2 ROOM 44 sqm $235,000 $5,341
Jun 2021 01 TO 03 2 ROOM 47 sqm $220,000 $4,681
Feb 2021 04 TO 06 2 ROOM 44 sqm $204,000 $4,636
Aug 2020 04 TO 06 2 ROOM 44 sqm $200,000 $4,545
Aug 2018 04 TO 06 2 ROOM 47 sqm $205,000 $4,362
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 188 Boon Lay Drive

Block 188 Boon Lay Drive in Jurong West dates to 1978 and now has roughly 51 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 50% below the Jurong West median, cheaper than about 99% of the town's blocks. It has a relatively light resale record, with 9 transactions since 2017 across 2 room flats priced from $200,000 to $300,000. The most recent transaction was a 2 room flat on storeys 07 TO 09 at $300,000 in Mar 2026, and the median works out to $4,894/sqm. Over five years, prices here are up about 41.5%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 188 Boon Lay Drive worth?

The most recent resale transaction at Block 188 Boon Lay Drive was $300,000 for a 2 room flat in 2026-03. The median price per square metre across all flat types is $4,894, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 188 Boon Lay Drive?

Block 188 Boon Lay Drive was built in 1978 and has approximately 51 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 0.72%, meaning the leasehold value decreases by approximately 0.72% per year at the current remaining lease.

What flat types are available at Block 188 Boon Lay Drive?

Block 188 Boon Lay Drive in Jurong West contains 2 room flats. Resale prices range from $200,000 to $300,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 188 Boon Lay Drive gone up or down?

Resale prices at Block 188 Boon Lay Drive have increased by approximately 41.5% over the past five years. The current median price is $230,000, with the most recent sale at $300,000 in 2026-03.

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