4-Room HDB for Room Rent: 363 Yung An Road

The valuation of the HDB 4-room unit in Jurong East, with an estimated value of $56,458, reflects a calculated price per square foot (PSF) of $470. This valuation is indicative of the current market conditions, which show a stabilizing trend with a 0% difference from the baseline, suggesting that the property is priced in alignment with prevailing market expectations. The remaining lease of 67 years is a critical factor, as properties with shorter leases often experience downward pressure on their valuations. However, the established demand for HDB units in this region mitigates this concern to some extent.

The analysis is supported by recent data from 9 comparable HDB resale transactions in the vicinity, which reinforces the model confidence at a medium level. This suggests that while there is a reasonable degree of reliability in the valuation, potential buyers should remain cognizant of the dynamic nature of the market. Factors such as local amenities, transport connectivity, and upcoming developments in Jurong East will continue to influence the desirability and, consequently, the valuation of HDB properties in the area.