4 Room (4NG) HDB for Rent in 115 Jurong East Street 13

In our latest valuation analysis for a 4-room HDB unit located in Jurong East, we estimate the property’s value at $387,660, translating to a price per square foot (PSF) of $392. This valuation stands in alignment with the current market dynamics, reflecting a 0% difference from the baseline price. The model confidence is rated as high, bolstered by a robust dataset comprising 146 recent HDB resale transactions in the vicinity. This data underpins our assessment, showcasing a stable market environment for HDB properties in this locality.

The property, with a remaining lease of 54 years, represents a critical factor in the valuation process. As the remaining lease diminishes, buyer sentiment often shifts, impacting demand and ultimately the resale value. However, Jurong East's strategic location, coupled with ongoing urban developments in the area, provides a supportive backdrop for maintaining property value. As such, the current valuation reflects not just the physical attributes of the unit but also the broader market signals and lease dynamics that are essential in informing prospective buyers and investors in making informed decisions.