5 Room (5I) HDB for Rent in 413 Pandan Gardens

The HDB 5-room unit in Jurong East, with a remaining lease of 52 years, presents a valuation of $399,286, translating to a price per square foot (PSF) of $317. This valuation indicates a stable market position, reflecting a market price that shows no deviation from the baseline, suggesting a balanced demand and supply scenario in the area. The analysis is substantiated by three recent resale transactions in the vicinity, which provide a reliable reference for this valuation.

However, it is essential to note that the model confidence for this valuation is categorized as low. This uncertainty may stem from various factors, including macroeconomic conditions, potential shifts in buyer preferences, and the broader market trends affecting HDB properties. The remaining lease of 52 years is a pivotal aspect of the investment consideration, as properties with shorter leases may face depreciation in value as the lease term diminishes. Investors should remain vigilant about future market dynamics and demographic shifts in Jurong East, given its strategic location and ongoing development initiatives that could impact property desirability.