4-Room HDB for Room Rent: 515 Jurong West Street 52

The valuation of the HDB 4 ROOM unit in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $49,122, translating to $409 per square foot. This valuation is particularly significant as it reflects a market price that is consistent with the baseline, indicating a stable demand in the area. The absence of deviation from the baseline suggests a balanced market where supply and demand forces are aligned, providing a solid foundation for potential buyers and investors alike.

Based on an analysis of 84 recent HDB resale transactions in the vicinity, the model confidence in this valuation is categorized as high, further reinforcing the reliability of the estimated value. The 56-year remaining lease is a critical factor to consider, as it positions this property within a mid-range leasehold category, appealing to both young families seeking affordability and seasoned investors looking for stable long-term returns. As the Jurong West area continues to develop with ongoing infrastructure enhancements and community amenities, this HDB unit stands poised to benefit from potential appreciation in value, making it a compelling option in today’s dynamic real estate landscape.