4-Room HDB for Room Rent: 348 Kang Ching Road

This valuation report focuses on a 4-room HDB unit located in the highly sought-after Jurong East district, which boasts a remaining lease of 68 years. The estimated value of the property stands at $113,971, translating to a price per square foot (PSF) of $570. Given the current market dynamics, the property reflects a stable market price with a 0% difference from the established baseline, indicating a balanced demand and supply scenario within the HDB resale market.

The analysis draws on data from 52 recent HDB resale transactions in the vicinity, contributing to a high model confidence level in the valuation. Jurong East, known for its robust infrastructure and accessibility, remains a desirable location for families and investors alike. The remaining lease of 68 years provides a substantial timeframe for appreciation, while the current valuation underscores the resilience of the HDB market amidst fluctuating economic conditions. This property not only represents a viable living space but also a strategic investment in one of Singapore's evolving urban landscapes.