3 Room (3NG) HDB for Rent in 252 Jurong East Street 24

The valuation of the HDB 3 Room property situated in Jurong East reflects a nuanced understanding of the local real estate landscape, particularly given its remaining lease of 58 years. With an estimated value of $329,871, translating to $458 per square foot, this property sits at a critical juncture within the market dynamics. The recent transactions analyzed indicate a stable market price, with the valuation showing a 0% difference from the baseline, suggesting that it is accurately positioned within the current market context.

The assessed value draws upon data from 12 recent HDB resale transactions in the vicinity, providing a solid foundation for this valuation. The medium confidence level indicates that while the data is robust, factors such as fluctuating buyer sentiment and macroeconomic conditions could still influence future value trends. As Jurong East continues to evolve as a vibrant residential hub, the longevity of the remaining lease—58 years—will be an essential consideration for potential buyers, impacting their investment decisions as well as the property’s potential for appreciation in the coming years.