4-Room HDB for Room Rent: 515 Jurong West Street 52

The valuation of the HDB 4-room unit located in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $49,122, translating to a price per square foot (PSF) of $409. This valuation reflects a market price that is in alignment with the baseline, indicating a stable market condition for HDB properties in the area. The high model confidence, derived from an extensive analysis of 84 recent HDB resale transactions within the vicinity, adds a layer of reliability to this assessment.

In the context of the current real estate landscape in Singapore, the remaining 56-year lease is a critical factor influencing both buyer interest and valuation metrics. While the property is positioned within a competitive market, the zero percent difference from the baseline suggests that there is a balanced supply-demand dynamic at play. Buyers are increasingly considering the long-term implications of lease duration, and as such, properties with substantial remaining leases continue to attract sustained interest. This analysis underscores the importance of monitoring market signals while considering the inherent value tied to lease terms in the HDB segment.