Room (HDB) for Rent in 274A Jurong West Avenue 3

The valuation of this HDB 2-room unit in Jurong West, with a remaining lease of 75 years, stands at an estimated value of $85,481, translating to a price per square foot (PSF) of $712. This assessment is grounded in a robust analysis of 80 recent HDB resale transactions in the vicinity, which underscores the property’s competitive positioning within the current market. The market signal indicates that the property is priced at par with baseline estimates, suggesting a stable demand environment in this locality.

Furthermore, the high model confidence associated with this valuation reflects a thorough consideration of various market dynamics influencing HDB prices. Jurong West remains a sought-after region, particularly given its strategic location and ongoing infrastructural developments, which enhance its appeal to potential homeowners and investors alike. As leasehold properties mature, the remaining lease of 75 years is a significant factor, balancing the expectations of buyers seeking longevity in their investment. This valuation, therefore, not only serves as a key indicator of current market conditions but also highlights the enduring desirability of HDB properties in this vibrant community.