4 Room (4NG) HDB for Rent in 486 Jurong West Avenue 1

The valuation of the 4-room HDB unit located in Jurong West reflects a current estimated market value of $381,885, translating to a price per square foot (PSF) of $424. This assessment is based on a remaining lease of 57 years, which is a significant factor in determining the asset's long-term desirability and investment potential. The market signal indicates a stable condition, with a 0% difference from the baseline, suggesting that the property is priced in line with the prevailing market trends for similar units in the area.

However, it is important to note that the model confidence is categorized as low, indicating a degree of uncertainty in the valuation due to potential fluctuations in market dynamics. This assessment is drawn from an analysis of only four recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market sentiment. As such, potential buyers and investors should exercise caution and consider the implications of the remaining lease period, as well as the overall economic landscape, when making informed decisions in this segment of the real estate market.