5-Room HDB for Room Rent: 691A Jurong West Central 1

The valuation of the HDB 5-room unit in Jurong West, with a remaining lease of 69 years, stands at an estimated value of $52,647, translating to a price per square foot (PSF) of $492. This valuation reflects a stable market condition, evidenced by a 0% difference from the baseline market price, indicating that the pricing is in alignment with recent trends and demand in the locality.

Our analysis is underpinned by a robust dataset comprising 110 recent HDB resale transactions in the vicinity, which provides a strong foundation for the high model confidence associated with this valuation. The consistency in pricing signals a balanced market dynamic, where supply and demand are closely aligned. Such stability is particularly noteworthy in the context of Jurong West, a region marked by its strategic developments and growing appeal among homebuyers, thereby reinforcing the long-term value proposition of properties within this area.