3-Room HDB for Room Rent: 114 Jurong East Street 13

The valuation of the HDB 3 Room unit in Jurong East, with a remaining lease of 54 years, stands at an estimated value of $47,921, translating to a price per square foot (PSF) of $436. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable demand within the area. The analysis draws upon a robust dataset of 384 recent HDB resale transactions in the vicinity, lending a high degree of confidence to the model used for this assessment.

Jurong East has been experiencing a transformation in its property landscape, fueled by ongoing infrastructural developments and urban planning initiatives. The remaining lease of 54 years is a critical factor influencing the unit's market dynamics, as it positions the property within a competitive range for potential buyers seeking both affordability and longevity. The stability exhibited in the market price, along with the high model confidence, signifies a resilient interest in HDB properties in this region, affirming its attractiveness as a viable investment option.