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

The valuation of the HDB 4-room property located in Jurong East, with a remaining lease of 62 years, stands at an estimated value of $47,206, translating to a price per square foot (PSF) of $472. This valuation is reflective of the current market dynamics, where the property is positioned at a notable market price with a 0% variance from the baseline. Such stability in pricing suggests a balanced supply and demand scenario in the Jurong East area, which is increasingly recognized for its strategic location and connectivity.

Analysis of recent resale transactions reveals a consistent trend within the vicinity, supported by data from ten comparable HDB transactions. The model confidence is categorized as medium, indicating a reasonable degree of certainty in the valuation amidst fluctuating market conditions. The remaining lease of 62 years plays a pivotal role in influencing buyer sentiment, as properties with longer leases often attract a wider pool of potential buyers. As Jurong East continues to evolve as a hub for residential living, this property presents an intriguing opportunity for both investors and homebuyers looking to capitalize on the area's growth trajectory.