3-Room HDB for Room Rent: 991B Upper Jurong Road

The valuation of the 3-room HDB unit in Jurong East, with a remaining lease of 96 years, indicates a noteworthy estimated value of $201,084, translating to a competitive price point of $804 per square foot. This valuation reflects the current market condition, which demonstrates stability, as evidenced by a 0% difference from the baseline market price. Such consistency suggests a robust demand in the Jurong East area, aligning with the broader positive sentiment surrounding HDB properties in this region.

Our analysis is based on a comprehensive review of 13 recent HDB resale transactions in the vicinity, providing a solid groundwork for this valuation. The medium confidence level associated with this model underscores the dynamic nature of the local market, influenced by factors such as proximity to key amenities, transport infrastructure, and community development plans. As Jurong East continues to evolve as a significant commercial and residential hub, the long remaining lease of this property adds to its appeal, ensuring sustained interest from potential buyers who value both longevity and investment potential in their property decisions.