5-Room HDB for Room Rent: 822 Jurong West Street 81

The valuation of the HDB 5 Room unit in Jurong West, with a remaining lease of 65 years, stands at an estimated value of $146,319, translating to a price per square foot of $418. This valuation reflects a significant alignment with the current market price, demonstrating a 0% difference from the established baseline. Such stability in value is indicative of a robust market sentiment within the Jurong West area, which has seen consistent demand and activity in the HDB resale sector.

Our analysis is grounded in a comprehensive review of 58 recent HDB resale transactions in the vicinity, providing a strong foundation for our model confidence, which is rated as high. The data suggests that despite fluctuations in broader market conditions, the Jurong West locality has maintained its appeal, attributed to factors such as proximity to key amenities, efficient public transport links, and the ongoing urban development initiatives in the region. As the remaining lease of this property extends to 65 years, buyers can anticipate a stable investment that remains competitive within the HDB market landscape.