5-Room HDB for Room Rent: 413 Pandan Gardens

The valuation of the HDB 5-room unit in Jurong East, estimated at $79,286 or $317 per square foot, reflects a stable market position with no deviation from the baseline price. The remaining lease of 52 years is a critical factor, as it influences both buyer sentiment and long-term investment potential. With the HDB market dynamics shifting towards units with longer leases, properties in this category may face challenges in attracting buyers who prioritize lease longevity as a vital component of their purchase decision.

Despite the recent comparative analysis based on three resale transactions within the vicinity, the model confidence for this valuation remains low. This low confidence level suggests that there may be underlying market fluctuations or specific local factors affecting the desirability of the property. As the Jurong East area continues to evolve, driven by infrastructural developments and urban planning initiatives, potential investors should remain cognizant of how these elements may impact future valuations and market performance.