Common Room (HDB) for Rent in 166A Yung Kuang Road

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 91 years, reflects a current estimated value of $187,103, translating to a price per square foot (PSF) of $748. This valuation is particularly noteworthy given that it stands at a market price with a 0% difference from the baseline, indicating a stable and non-speculative market environment. The strong model confidence rating of 'High' is derived from a comprehensive analysis of 22 recent HDB resale transactions within the vicinity, providing a robust data foundation for this valuation.

In the context of the Jurong East area, the remaining lease of 91 years positions this property favorably among potential buyers, who are increasingly seeking long-term investments in HDB flats with substantial leasehold periods. The stability in market pricing suggests a balanced demand-supply dynamic, where the local housing market is maintaining its appeal amidst broader economic conditions. Investors and homebuyers alike should take note of the resilience in this segment of the HDB market, as it underscores a continued interest in properties that offer both value and longevity in terms of leasehold security.