3 Room (3I) HDB for Rent in 122 Yuan Ching Road

In the vibrant district of Jurong East, the subject HDB 3-room unit presents a compelling valuation of $241,596, translating to $345 PSF. With a remaining lease of 44 years, this property is positioned within a stable market segment, reflecting a market price that shows no deviation from the baseline, indicating a well-balanced demand and supply scenario in the area. The valuation is backed by a robust dataset, comprising 387 recent HDB resale transactions within the vicinity, underscoring the reliability of the estimate and enhancing model confidence to a commendable High.

The current market dynamics in Jurong East are indicative of a resilient real estate landscape, particularly for HDB properties with substantial remaining leases. Buyers are increasingly prioritizing longevity in lease terms, and this unit's 44-year lease positions it advantageously among younger demographics seeking affordable housing options. The lack of price fluctuation from the baseline further suggests a steady interest in this locality, likely driven by ongoing urban developments and amenities that continue to enhance the appeal of the Jurong East area. As such, this valuation not only reflects market conditions but also highlights potential for future appreciation in value as the region continues to evolve.