5-Room HDB for Room Rent: 466 Jurong West Street 41

The valuation of the HDB 5-room unit in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $74,746, translating to $374 per square foot. This pricing reflects a stable market condition, indicated by a 0% difference from the baseline market price. Such stability suggests that the property is well-positioned within its competitive landscape, appealing to both owner-occupiers and investors alike.

Supported by a robust dataset of 56 recent HDB resale transactions in the vicinity, the model confidence for this valuation is deemed high. The current market dynamics in Jurong West showcase a resilient demand for HDB units, particularly in this category, as the remaining lease period of 56 years remains attractive to potential buyers. This valuation not only highlights the property’s intrinsic value but also underscores the broader market trends that favor long-term investment in HDBs, especially in well-established residential locales such as Jurong West.