Common Room (HDB) for Rent in 863 Jurong West Street 81

The valuation of the HDB 2-room unit in Jurong West, estimated at $83,870 (or $650 PSF), reflects a stable market condition with a 0% difference from the baseline. This indicates that the property is positioned at a competitive price point, aligning with current market trends. The remaining lease of 67 years adds a significant dimension to its valuation, as properties with longer leases typically command higher interest among potential buyers, especially in areas with strong future development plans.

Our analysis is supported by data derived from 81 recent HDB resale transactions within the vicinity, demonstrating a high model confidence level. This extensive dataset underscores the stability and attractiveness of the Jurong West area, which has shown resilience in demand despite broader market fluctuations. The area is known for its family-friendly amenities and infrastructure, contributing to the sustained interest in HDB units. As such, this valuation not only reflects the intrinsic value of the property but also the broader market dynamics that favor HDB living in this thriving region of Singapore.