4-Room HDB for Room Rent: 165B Yung Kuang Court

The valuation of the HDB 4-room unit in Jurong East, with a remaining lease of 90 years, is estimated at $99,867, translating to a price per square foot (PSF) of $666. This valuation reflects a market price that is precisely aligned with the baseline, indicating a robust equilibrium in the local HDB market. The absence of deviation from the baseline suggests a stable demand for HDB properties in this region, likely driven by the area's development and connectivity, which continues to attract both first-time buyers and investors alike.

Our analysis is based on 12 recent resale transactions in the vicinity, reinforcing the credibility of the estimated value. The medium model confidence indicates a reasonable level of certainty in our valuation, though it is essential to acknowledge potential fluctuations in the market. As Jurong East continues to evolve with ongoing urban development initiatives and infrastructure upgrades, the enduring lease of this property positions it favorably for long-term appreciation. Investors and homeowners should remain cognizant of these dynamics, as they play a critical role in influencing future market trends and property values in the area.