Corner Terrace for Room Rent: Terrace house common room for rent.

The valuation of the HDB 2-room unit in Jurong East, with a remaining lease of 71 years, has been estimated at $144,903, translating to a price per square foot (PSF) of $725. This valuation reflects a market equilibrium, as indicated by a 0% difference from the baseline price. Such stability in the pricing signals a balanced demand and supply dynamic in the Jurong East area, where recent transactions suggest a consistent interest from buyers despite varying economic conditions.

Our analysis is supported by data from 46 recent HDB resale transactions in the vicinity, lending a high degree of confidence to this valuation model. The enduring appeal of Jurong East, bolstered by its strategic location and ongoing infrastructural developments, plays a crucial role in sustaining property values. As the region continues to evolve, the 71-year lease remaining on this property positions it favorably for long-term investment, appealing to both first-time buyers and seasoned investors seeking stable assets in a robust market.