5-Room HDB for Room Rent: 426 Jurong West Avenue 1

The valuation of the HDB 5-room unit in Jurong West, with a remaining lease of 57 years, is estimated at $55,913, equating to a price per square foot (PSF) of $373. This valuation reflects a market price that shows no deviation from the established baseline, indicating a stable demand within the localised market segment. The analysis is derived from two recent HDB resale transactions in the vicinity, providing a limited yet relevant comparative framework for this assessment.

Despite the consistent market price, the model confidence is classified as low, which suggests potential volatility in the local real estate dynamics. The remaining lease period is a critical factor in determining the long-term value trajectory of the property. As the lease diminishes, it is essential for potential buyers to consider the implications on future resale value and overall investment yield. The Jurong West area has shown resilience in housing demand, yet prospective purchasers should remain cognizant of the broader economic indicators and evolving market conditions that may influence HDB valuations in the coming years.