4-Room HDB for Room Rent: 547 Jurong West Street 42

The valuation of the HDB 4-room unit located in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $54,580, translating to a price per square foot (PSF) of $390. This assessment reflects a notable stability in the local housing market, evidenced by a market price that shows a 0% difference from the baseline. Such a scenario indicates a balanced equilibrium where supply meets demand, suggesting that buyers are willing to pay a fair market price for properties in this region.

Our valuation is supported by a robust analysis of 84 recent HDB resale transactions within the vicinity, contributing to a high model confidence level. The consistent pricing indicates a resilient demand for HDB properties in Jurong West, which is characterized by its strategic location and accessibility to essential amenities. Furthermore, with 56 years remaining on the lease, the property retains significant value, appealing to both owner-occupiers and investors looking to capitalize on the long-term growth potential in this dynamic market.