4-Room HDB for Room Rent: 21 Teban Gardens Road

In the vibrant district of Jurong East, the current valuation for a 4-room HDB flat has been estimated at $101,849, translating to a price per square foot (PSF) of $679. This valuation reflects a stable market signal with a 0% difference from the baseline, indicating that the property is currently priced in line with prevailing market trends. The HDB flat boasts a remaining lease of 85 years, a considerable duration that enhances its appeal to potential buyers seeking longevity in their residential investments.

The valuation is derived from an analysis of 14 recent HDB resale transactions in the vicinity, providing a robust dataset that supports the estimated value. The model confidence is assessed at medium, suggesting a reasonable level of certainty regarding the valuation amidst current market dynamics. This region has shown resilience in property values, driven by ongoing developments and enhancements in infrastructure, making it a compelling option for both first-time buyers and seasoned investors. The interplay between the remaining lease and market conditions underscores the enduring desirability of HDB flats in Jurong East, positioning this property favorably within the competitive landscape.