4-Room HDB for Room Rent: 316 Jurong East Street 32

The valuation of the 4-room HDB unit in Jurong East, with a remaining lease of 56 years, is estimated at $48,825, translating to a price per square foot (PSF) of $444. This valuation is indicative of the current market conditions, showing a 0% difference from the baseline, which suggests stability in pricing amidst varying market dynamics. The model confidence in this valuation is categorized as high, reflecting a robust analytical framework based on comprehensive data analysis.

Analyzing the surrounding market, this valuation is supported by 318 recent HDB resale transactions in the vicinity, providing a solid foundation for understanding local demand and pricing trends. The remaining lease of 56 years is a critical factor, as it aligns with buyer preferences for longevity and investment viability in the HDB sector. As Jurong East continues to develop as a vibrant hub, factors such as infrastructural improvements and community amenities will further enhance the attractiveness of this property, solidifying its value in the competitive Singapore real estate landscape.