5-Room HDB for Room Rent: 288B Jurong East Street 21

The valuation of the 5-room HDB unit in Jurong East, with a remaining lease of 71 years, is estimated at $162,943, translating to a competitive $543 PSF. This pricing reflects a robust alignment with the current market conditions, as indicated by a 0% difference from the baseline. Such stability in valuation underscores a balanced market environment, where demand for HDB properties in the area maintains a healthy equilibrium with supply.

Our analysis is bolstered by a comprehensive review of 226 recent HDB resale transactions in the vicinity, providing a solid basis for our model confidence, which is rated as high. The Jurong East area has been witnessing an evolving landscape, characterized by infrastructural developments and urban revitalization efforts. As the region continues to thrive, the remaining lease of 71 years positions this property favorably, ensuring its appeal to both prospective buyers and investors seeking long-term stability and growth potential.