3 Room (3NG) HDB for Rent in 102 Jurong East Street 13

The valuation of the HDB 3-room property located in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $349,373, translating to a price per square foot (PSF) of $477. This valuation indicates a stable market price, reflecting a 0% difference from the baseline. This neutrality in market pricing suggests that the property is aligning well with current market expectations, showcasing a balanced demand and supply dynamic in the Jurong East area.

Analyzing the market signals, the medium confidence level associated with this valuation is derived from a comparative analysis of nine recent HDB resale transactions in the vicinity. Such metrics provide a robust framework for understanding the local real estate landscape. The remaining lease of 55 years is a significant factor in the property's appeal, as it offers potential buyers a reasonable duration of ownership while mitigating concerns typically associated with shorter leases. Overall, the property remains an attractive option for both investors and homebuyers, particularly in a district known for its connectivity and amenities.