3 Room (3A) HDB for Rent in 20 Teban Gardens Road

The valuation of the HDB 3-room unit located in Jurong East, with a remaining lease of 86 years, stands at an estimated value of $509,128, translating to $657 per square foot (PSF). This valuation reflects a market position that shows no deviation from the baseline price, indicating a stable demand within the vicinity. The medium confidence level of this model suggests a reasonable degree of reliability in the estimation, although potential fluctuations in the market should be monitored closely.

Recent trends in the Jurong East area, underpinned by 10 comparable HDB resale transactions, indicate a consistent performance in property values. With the remaining lease of 86 years, this property benefits from a significant tenure, appealing to both first-time buyers and investors seeking long-term stability. As the region continues to develop, buoyed by infrastructural advancements and amenities, the HDB market is expected to maintain its attractiveness, underscoring the importance of strategic location and lease longevity in property valuation.