4-Room HDB for Room Rent: 152 Yung Ho Road

The valuation of the 4-room HDB unit in Jurong East, with a remaining lease of 62 years, has been assessed at approximately $47,206, translating to a price per square foot (PSF) of $472. This valuation, indicating a 0% difference from the current market price, reflects a stable equilibrium in the local real estate landscape. The model confidence is categorized as medium, suggesting that while the data is reliable, market fluctuations and external economic factors could influence future valuations.

Analyzing the recent activity in the vicinity, the valuation is based on 10 comparable HDB resale transactions, which provide a solid basis for this estimate. The stability in pricing indicates a balanced demand and supply dynamic within Jurong East. As the area continues to develop, particularly with ongoing infrastructure projects and enhanced connectivity, the longevity of the 62-year lease could provide potential buyers with both immediate utility and future capital appreciation opportunities. Investors and homeowners alike should consider both the lease duration and the local market sentiment when evaluating this property.