4 Room (4NG) HDB for Rent in 52 Teban Gardens Road

The valuation of the HDB 4-room property located in Jurong East, with a remaining lease of 75 years, stands at an estimated value of $55,483, translating to a price per square foot (PSF) of $555. This valuation is supported by an extensive analysis of 318 recent HDB resale transactions within the vicinity, establishing a robust data foundation that enhances our model confidence, which is rated as high. The calculated market price reflects a 0% difference from the baseline, indicating a stable market equilibrium and highlighting the competitive positioning of this property within the current landscape.

Jurong East continues to be a focal point of growth and development in Singapore, which is pivotal when considering the demand dynamics for HDB properties in the area. The remaining lease duration of 75 years is a substantial factor in maintaining the property’s desirability among potential buyers, as it offers a balance between long-term occupancy and investment stability. In this context, the valuation not only underscores the intrinsic value of the property but also signals the resilience of the HDB resale market in this region amidst evolving market conditions.