4-Room HDB for Room Rent: 347 Kang Ching Road

The HDB 4-room property located in Jurong East, with a remaining lease of 68 years, has been appraised at an estimated value of $56,658, equating to a price per square foot (PSF) of $567. This valuation reflects a significant understanding of the local market dynamics, particularly considering that the estimated value shows a 0% difference from the baseline market price. Such stability in pricing indicates a well-balanced supply and demand scenario within this specific locale.

Our analysis is based on a robust dataset, encompassing 49 recent HDB resale transactions within the vicinity. This provides a comprehensive foundation for our valuation, ensuring that the insights are both relevant and reflective of current market conditions. The model confidence is rated as high, underscoring the reliability of our findings. As Jurong East continues to develop as a key residential and commercial hub, factors such as proximity to essential amenities and ongoing infrastructural improvements are expected to bolster the market appeal of HDB properties in the area, thereby affirming the value of this listing as a sound investment opportunity.