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

The subject HDB 3-room unit located in Jurong East has an estimated value of $241,596, translating to a price per square foot of $345. With a remaining lease of 44 years, this property presents a unique opportunity within a competitive market. The valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference from the established market standards, which suggests a stable demand and appreciation potential within the area.

Our analysis is underpinned by data from 387 recent HDB resale transactions in the vicinity, lending a high level of confidence to our valuation model. The Jurong East area is witnessing a robust interest, driven by its strategic location and ongoing urban development initiatives, contributing to the steady demand for HDB properties. The remaining lease of 44 years is also a critical factor; while it offers significant tenure for potential homeowners, it may influence buyer sentiment and financing options in the long term. As such, prospective investors and homeowners should consider both the current valuation and the implications of lease duration in their decision-making process.