4-Room HDB for Room Rent: 632 Jurong West Street 65

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 73 years, has been estimated at $147,689, translating to a price per square foot (PSF) of $591. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this segment of the HDB resale market. Such stability is essential, especially given the extended remaining lease, which often enhances buyer confidence and mitigates concerns over lease decay.

However, the model confidence for this valuation is categorized as low, which suggests that the data may be limited or influenced by broader market fluctuations. This valuation is primarily derived from only two recent HDB resale transactions in the vicinity, which limits the robustness of the market signal. Investors and potential homeowners should consider this cautionary note when interpreting the valuation, as market dynamics can change swiftly, particularly in a competitive area like Jurong West.