Common Room (HDB) for Rent in 273A Jurong West Avenue 3

The HDB 2-room unit in Jurong West, with a remaining lease of 75 years, is currently estimated at a value of $107,242, translating to a psf rate of $715. This valuation aligns perfectly with the baseline market price, indicating a stable market condition with no significant fluctuations. The model confidence for this valuation is rated as high, reflecting a robust analytical framework backed by extensive data.

Analyzing the recent market activity, our assessment is supported by data from 74 resale transactions within the vicinity. This concentration of transactional data underlines the consistency in pricing trends and demand for HDB properties in this region. Jurong West remains a desirable locale due to its strategic connectivity and community amenities, which continuously attract potential buyers. The remaining lease of 75 years also positions this property favorably, as it offers prospective homeowners a substantial period for enjoyment and investment, mitigating concerns typically associated with shorter lease tenures.