4-Room HDB for Room Rent: 501 Jurong West Street 51

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 58 years, stands at an estimated value of $61,060, translating to a price per square foot (PSF) of $407. This valuation is particularly significant given the current market dynamics, where it reflects a stable market price with a 0% difference from the baseline. This consistency suggests a balanced demand and supply scenario, indicative of a mature real estate market that is resilient to fluctuations.

Our analysis is reinforced by a robust model confidence rating of High, based on data from 98 recent HDB resale transactions in the vicinity. This volume of transactions provides a comprehensive overview of buyer sentiment and market activity, underscoring the attractiveness of Jurong West as a residential area. With the remaining lease of 58 years, potential buyers may find this property appealing, especially in light of the long-term investment considerations associated with HDB properties. The stability in pricing and the strong transactional activity in the area position this valuation favorably within the broader HDB market landscape.