5-Room HDB for Room Rent: 849 Jurong West Street 81

In the realm of Singapore's dynamic HDB market, the valuation of a 5-room unit in Jurong West stands at an estimated value of $446,260, translating to a competitive $446 PSF. This valuation is particularly noteworthy as it reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this region. With a remaining lease of 67 years, this property not only offers a considerable duration for potential homeowners but also aligns with the expectations of buyers seeking long-term residency in a well-established neighborhood.

The model confidence in this valuation is classified as high, supported by an analysis of 84 recent HDB resale transactions in the vicinity. This robust dataset reinforces the credibility of the estimated value, showcasing the resilience of the Jurong West market amidst broader economic fluctuations. As Singapore continues to evolve, the demand for HDB flats in well-connected regions like Jurong West remains strong, driven by factors such as proximity to amenities, transportation links, and community development initiatives. Investors and homeowners alike should take note of these market dynamics as they navigate their real estate decisions.