4-Room HDB for Room Rent: 366 Corporation Drive

The valuation of the HDB 4 Room unit in Jurong East, with a remaining lease of 69 years, stands at an estimated value of $48,699, translating to a price per square foot (PSF) of $566. This valuation reflects the current market dynamics accurately, as indicated by the 0% difference from the baseline market price. The consistency of this valuation suggests a stable demand for HDB properties in the Jurong East area, which continues to attract prospective buyers despite broader economic fluctuations.

Our analysis is underpinned by a robust dataset, incorporating insights from 71 recent HDB resale transactions in the vicinity. The high model confidence rating reinforces the reliability of this valuation, suggesting that the property's pricing is well-aligned with prevailing market conditions. Given the remaining lease of 69 years, this property offers a balanced proposition for buyers seeking long-term residency in a well-established neighborhood, while also reflecting the ongoing trends in the HDB resale market that favor properties with reasonable lease durations.