3 Room (3I) HDB for Rent in 122 Yuan Ching Road

This valuation report presents a comprehensive analysis of a 3-room HDB unit situated in the vibrant Jurong East district, which boasts a remaining lease of 44 years. The estimated value of this property stands at $241,596, translating to a price per square foot (PSF) of $345. This valuation is indicative of a stable market condition, as it reflects a 0% difference from the baseline market price, suggesting a well-aligned valuation with recent market trends.

The model confidence for this valuation is categorized as High, based on an extensive review of 387 recent HDB resale transactions in the vicinity. This robust dataset underpins our analysis, reinforcing the reliability of the estimated value amidst the current market dynamics. The Jurong East locality is experiencing a notable demand for HDB properties, influenced by ongoing infrastructural developments and an overall enhancement of the neighborhood’s appeal. The remaining lease of 44 years is a crucial factor for prospective buyers, as it balances affordability and longevity, making this property an attractive option in the competitive HDB market.