Room (HDB) for Rent in 624B Jurong West Street 61

In the current landscape of Singapore's real estate market, the valuation of the HDB 2-room unit located in Jurong West reflects a meticulous analysis grounded in recent transactional data. With an estimated value of $74,796 (or $748 PSF), this property showcases a stable market position, exhibiting a 0% difference from the baseline price. This equilibrium indicates a balanced demand and supply scenario, suggesting that the property is priced in alignment with current market expectations and sentiments.

The remaining lease of 75 years enhances the attractiveness of this unit, especially for first-time homebuyers and investors seeking long-term value retention. The high model confidence rating, supported by 80 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. As Jurong West continues to develop and evolve with new amenities and infrastructural enhancements, the demand for HDB units in this area is likely to maintain its momentum. This valuation not only provides a snapshot of the current market dynamics but also positions the property as a viable investment opportunity in a competitive landscape.