4-Room HDB for Room Rent: 652A Jurong West Street 61

The valuation of the HDB 4 Room unit in Jurong West, currently estimated at $6,051 or $605 per square foot, reflects a stable yet competitive market environment. With a remaining lease of 73 years, this property benefits from a substantial duration that appeals to potential buyers seeking long-term investment security. The valuation aligns precisely with the baseline market price, indicating a strong equilibrium where demand meets supply, and market confidence remains robust.

Our analysis is underpinned by a comprehensive review of 162 recent HDB resale transactions in the vicinity, which supports the high model confidence in this valuation. This data suggests that Jurong West continues to be a desirable location within the HDB market, characterized by consistent buyer interest and transaction activity. As the area develops further, driven by infrastructural improvements and community enhancements, the potential for future appreciation remains promising, making this property an attractive option for both homeowners and investors alike.