4-Room HDB for Room Rent: 992B Upper Jurong Road

The valuation of the HDB 4-room unit in Jurong East, with a remaining lease of 96 years, stands at an estimated value of $117,281 or $586 per square foot (PSF). This valuation is particularly significant given its alignment with the prevailing market price, reflecting a 0% differential from the baseline. Such stability in pricing indicates a balanced market condition in the area, suggesting that demand is keeping pace with the supply of similar HDB properties.

Our analysis is supported by a robust dataset, drawing insights from 309 recent HDB resale transactions in the vicinity. The high model confidence associated with this valuation underscores the reliability of the data, positioning this property as a sound investment choice within the competitive Jurong East landscape. With the remaining lease of 96 years, this property offers potential buyers a long-term tenure, making it an attractive option for families looking to settle in a well-established residential district. The strong market signals, combined with the property's strategic location, reinforce its desirability and contribute to the overall positive outlook for HDB properties in Jurong East.