4-Room HDB for Room Rent: 401 Jurong West Street 42

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $46,571, translating to a price per square foot (PSF) of $388. This assessment is grounded in a robust analytical framework, drawing on data from 98 recent HDB resale transactions within the vicinity, which reinforces the reliability of our valuation. The model's high confidence level indicates a strong alignment with market dynamics, suggesting that the property is well-positioned within the current market landscape.

With a market price reflecting a 0% difference from the baseline, this valuation signifies a stable market condition in Jurong West, where demand and supply appear to be balanced. The longevity of the remaining lease is a key factor, as it provides potential buyers with a significant timeframe to enjoy the property while also considering long-term investments. As the region continues to develop, driven by ongoing infrastructural enhancements and community amenities, the attractiveness of this HDB unit is likely to remain resilient, making it a compelling option for both homebuyers and investors alike.