Common Room (HDB) for Rent in 338B Kang Ching Road

The valuation of the HDB 2 Room property in Jurong East, with a remaining lease of 83 years, stands at an estimated value of $222,504, corresponding to a price per square foot (PSF) of $742. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable pricing environment amidst recent fluctuations in the real estate landscape. The model confidence is classified as medium, indicating a reasonable level of certainty in the valuation based on the current market dynamics.

Analysis of recent resale transactions—specifically, a sample of 8 comparable HDB transactions in the vicinity—reinforces the credibility of this valuation. The stability in market pricing can be attributed to several factors, including the strategic location of Jurong East, which remains a focal point for urban development and amenities. Potential buyers should consider the long-term value retention associated with properties having a significant remaining lease, as this often provides a buffer against market volatility, ensuring that the investment remains sound over time.