4-Room HDB for Room Rent: 835 Jurong West Street 81

The HDB 4-room unit located in Jurong West with a remaining lease of 62 years has been appraised at an estimated value of $95,932, translating to a price per square foot (PSF) of $480. This valuation reflects a market equilibrium, as indicated by a 0% difference from the baseline price, suggesting that the property is accurately positioned within the current market dynamics. The model confidence level is high, bolstered by an extensive analysis of 498 recent HDB resale transactions within the vicinity, providing a robust dataset that enhances the reliability of this valuation.

In the context of the Singaporean real estate market, the Jurong West area continues to exhibit stable demand, particularly for HDB units with substantial remaining leases such as this one. The property's valuation demonstrates a clear alignment with ongoing market trends, where buyers are increasingly drawn to properties that offer both value and longevity in lease terms. As the demographic shift towards younger families seeking affordable housing continues, the combination of the unit's lease tenure and competitive pricing positions it favorably against comparable offerings in the region.