Block 199 Boon Lay Drive

5 Room · Built 1976 · 51 years remaining lease MOP Cleared
Latest Sale
$490,000
Jul 2024 · 5 ROOM · #01-03
Median $/sqm
$3,712
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
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Insufficient data
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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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.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2024 01 TO 03 5 ROOM 121 sqm $490,000 $4,050
Nov 2023 10 TO 12 5 ROOM 121 sqm $485,000 $4,008
May 2023 04 TO 06 5 ROOM 121 sqm $470,000 $3,884
Dec 2022 07 TO 09 5 ROOM 112 sqm $455,000 $4,063
Jun 2022 01 TO 03 5 ROOM 112 sqm $415,000 $3,705
Jan 2022 01 TO 03 5 ROOM 112 sqm $375,000 $3,348
Nov 2021 10 TO 12 5 ROOM 121 sqm $450,000 $3,719
Oct 2021 10 TO 12 5 ROOM 121 sqm $455,000 $3,760
Aug 2020 01 TO 03 5 ROOM 112 sqm $378,000 $3,375
Jul 2020 01 TO 03 5 ROOM 121 sqm $360,000 $2,975
Jun 2020 13 TO 15 5 ROOM 121 sqm $388,000 $3,207
Mar 2020 10 TO 12 5 ROOM 121 sqm $380,000 $3,140
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 199 Boon Lay Drive

Block 199 at Boon Lay Drive is a residential HDB block in Jurong West, Singapore, built in 1976 with approximately 51 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $360,000 to $490,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $490,000 in 2024-07. The current median price per square metre is $3,712. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8295, with an annual lease decay rate of approximately 0.72%. 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 199 Boon Lay Drive worth?

The most recent resale transaction at Block 199 Boon Lay Drive was $490,000 for a 5 room flat in 2024-07. The median price per square metre across all flat types is $3,712, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 199 Boon Lay Drive?

Block 199 Boon Lay Drive was built in 1976 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 199 Boon Lay Drive?

Block 199 Boon Lay Drive in Jurong West contains 5 room flats. Resale prices range from $360,000 to $490,000 based on historical transaction records from data.gov.sg.

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