4-Room HDB for Room Rent: 336 Jurong East Avenue 1

The valuation of the HDB 4 Room unit located in Jurong East, with a remaining lease of 57 years, stands at an estimated value of $40,661, translating to a price per square foot (PSF) of $407. This valuation reflects a significant market stability, as evidenced by a 0% difference from the baseline market price, indicating that the property holds its value effectively amidst the current dynamics of the HDB resale market. The model confidence is rated as high, supported by an analysis of 161 recent resale transactions in the vicinity, ensuring a robust basis for this valuation.

In the context of the Singapore property landscape, Jurong East has demonstrated resilience and appeal, particularly with its strategic location and ongoing urban development initiatives. The remaining lease period of 57 years underscores a critical consideration for potential buyers, as leasehold properties may experience varying demand based on their remaining lease term. However, the consistent transaction activity within the area suggests that this HDB unit is likely to attract interest from both investors and owner-occupiers, particularly those looking for affordable options in a well-connected district.