4-Room HDB for Room Rent: 649A Jurong West Street 61

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 72 years, stands at an estimated value of $86,690, translating to a price per square foot (PSF) of $578. This appraisal reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is positioned precisely within the current market equilibrium. Such stability typically indicates a balanced supply and demand scenario, positioning this unit as an attractive prospect for potential buyers and investors alike.

Drawing from data sourced from 174 recent HDB resale transactions in the vicinity, the model confidence in this valuation is categorized as high. This robust analytical framework underscores the reliability of market trends within Jurong West, where demand remains resilient despite broader economic fluctuations. The remaining lease of 72 years is significant; it provides ample time for prospective homeowners to enjoy the benefits of their investment while also considering future resale opportunities in a dynamic and evolving real estate landscape.