Common Room (HDB) for Rent in 322A Jurong East Street 31

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 57 years, stands at an estimated value of $89,064, translating to a price per square foot (PSF) of $594. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in the area. The data is derived from an analysis of 22 recent HDB resale transactions in the vicinity, providing a robust foundation for our assessment.

In terms of market dynamics, the high model confidence suggests a strong alignment between the property’s valuation and current market conditions. The zero percent difference from the baseline indicates that the property is priced accurately within the current market context, suggesting that potential buyers can expect a competitive offering in Jurong East. As the area continues to develop, the remaining lease of 57 years will play a crucial role in future valuation trends, underscoring the importance of lease tenure in the HDB market landscape.