3-Room HDB for Room Rent: 110 Jurong East Street 13

The valuation of the 3-room HDB unit in Jurong East, with a remaining lease of 54 years, is estimated at $68,407, translating to a price per square foot (PSF) of $456. This valuation is particularly noteworthy as it reflects a market price that is in alignment with the baseline, indicating a stable demand for HDB properties in the area. The absence of any significant deviation from the baseline price suggests a balanced market, wherein buyers and sellers are in relative agreement regarding property values.

Our analysis draws on data from nine recent HDB resale transactions in the vicinity, providing a robust foundation for this valuation. The medium confidence level indicates some variability in the data, which may be influenced by the unique characteristics of each property, including their proximity to amenities and transport links. As Jurong East continues to evolve as a key urban hub, ongoing developments in infrastructure and community amenities are likely to impact future market dynamics, making this an area to watch for potential appreciation in property values over time.