3-Room HDB for Room Rent: 221 Jurong East Street 21

The valuation of the HDB 3-room unit in Jurong East, with a remaining lease of 57 years, is estimated at $99,111, translating to a price per square foot (PSF) of $496. The current market signal indicates a stable pricing environment, with a 0% difference from the baseline. This suggests that the property is aligned with the prevailing market trends, reflecting a level of equilibrium in the local real estate sector.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a solitary recent HDB resale transaction in the vicinity. This limited data set raises potential concerns regarding the robustness of the valuation, as it may not fully capture the broader market dynamics and sentiments that influence property prices in Jurong East. Investors and homeowners should approach this valuation with caution, considering the implications of the remaining lease and the overall market conditions.