3 Room (3NG) HDB for Rent in 464 Jurong West Street 41

The valuation of the HDB 3-room property situated in Jurong West, with a remaining lease of 57 years, stands at an estimated value of $341,029, translating to a price per square foot (PSF) of $434. This valuation reflects a market price that is currently aligned with the baseline, indicating no significant deviation from the prevailing market trends in the area. Such stability in pricing suggests a balanced demand and supply scenario, especially given the resilience of the HDB market in Singapore.

However, it is important to note that the model confidence for this valuation is categorized as low, which implies that the data supporting this estimate may not be robust enough to confidently predict future market movements. The valuation is informed by three recent HDB resale transactions in the vicinity, which provide a foundational comparison yet also highlight the potential volatility in the market due to limited transaction data. As the remaining lease period is a critical factor influencing HDB prices, prospective buyers and investors should remain vigilant about lease longevity and its implications on value appreciation over time.