How Much Is a Flat at Block 197B Boon Lay Dr Worth?

3 Room, 4 Room · Built 2015 · 87 years 11 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$530,000

2026-06 · 3 Room

Median $/sqm

$5,543

Based on 42 txns

Total Txns

42

Since data available

5-Yr Trend

▲44.4%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

📊 Moderate activity — a specialist agent can position your flat to the right buyer.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

4.3 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Transaction History 42 total

Date Floor Type sqm Price $/sqm
2026-06 13 TO 15 3 Room 68 $530,000 $7,794
2025-10 10 TO 12 3 Room 68 $520,000 $7,647
2025-08 10 TO 12 4 Room 93 $630,000 $6,774
2025-06 04 TO 06 4 Room 93 $622,888 $6,698
2025-04 04 TO 06 3 Room 68 $493,000 $7,250
2024-08 07 TO 09 3 Room 68 $456,000 $6,706
2024-06 07 TO 09 4 Room 93 $650,000 $6,989
2024-03 01 TO 03 3 Room 68 $410,000 $6,029
2024-02 04 TO 06 4 Room 93 $580,000 $6,237
2024-01 01 TO 03 3 Room 68 $390,000 $5,735
2023-12 01 TO 03 4 Room 93 $570,000 $6,129
2023-03 13 TO 15 3 Room 68 $435,000 $6,397
2022-10 13 TO 15 4 Room 93 $588,000 $6,323
2022-09 07 TO 09 3 Room 68 $411,000 $6,044
2022-01 04 TO 06 4 Room 93 $520,000 $5,591
2021-12 01 TO 03 4 Room 93 $502,000 $5,398
2021-11 07 TO 09 4 Room 93 $525,000 $5,645
2021-10 16 TO 18 4 Room 93 $530,000 $5,699
2021-07 16 TO 18 3 Room 68 $386,000 $5,676
2021-04 07 TO 09 4 Room 93 $515,000 $5,538
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About Block 197B Boon Lay Dr

Flats at Block 197B Boon Lay Dr have been selling at a median of $7,040/sqm over the last year, mainly 4-room flats at $626,444 median, with 3 transactions recorded.

The block is a 14-minute walk from Lakeside MRT Station (1161m) and is near Jurong Point mall (1144m, 14 min walk). It is also near Boon Lay Garden Primary School (53m, 1 min walk), Rulang Primary School (865m, 11 min walk), and Lakeside Primary School (1271m, 16 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 197B Boon Lay Dr?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

LAKESIDE MRT STATION 1161m · 14 min

Nearby Schools

BOON LAY GARDEN PRIMARY SCHOOL 53m · 1 min
RULANG PRIMARY SCHOOL 865m · 11 min

Hawker Centres

Boon Lay Place Blk 221A/B (Boon Lay Place Market and Food Village) 440m · 6 min

Shopping Malls

Jurong Point 1144m · 14 min

Parks

LAKESIDE GROVE FITNESS CORNER 1019m · 13 min

Community Facilities

Boon Lay CC 642m · 8 min

Other Blocks on Boon Lay Dr

Frequently Asked Questions

How much is a flat at Block 197B Boon Lay Dr?

Based on 42 recorded transactions, the median resale price ranges from $356,000 (3 Room) to $522,500 (4 Room). The most recent sale was $530,000 in 2026-06.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $506,500
4 Room $630,000

What is my flat worth at Block 197B?

The overall median resale price at Block 197B Boon Lay Dr is $568,250. Prices have risen 44.4% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 197B?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 197B prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 197B?

Block 197B has recorded 42 resale transactions — roughly 1.8 sales per month over the past 24 months. The latest transaction closed in 2026-06.

What flat types are available at Block 197B?

Block 197B Boon Lay Dr has 3 Room, 4 Room units. Median prices range from $356,000 to $522,500.

How much can I unlock to upgrade if I sell my HDB at Block 197B?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 197B?

Block 197B was built in 2015 with a 99-year lease. It has approximately 87 years 11 months remaining.

Does Block 197B's remaining lease affect its resale value?

At 88 years remaining, lease length is not a meaningful factor for your sale. Buyers can use their full CPF savings and access standard bank financing. Your buyer pool is unrestricted.

When can I sell my flat at Block 197B Boon Lay Dr?

Flats at Block 197B Boon Lay Dr have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $630,000 excl. levy $13,180 to $14,680