HDB Executive for Room Rent: 162 Yung Ping Road

The valuation of the HDB Executive flat located in Jurong East, with a remaining lease of 68 years, stands at an estimated value of $130,195, translating to a price per square foot (PSF) of $651. This valuation reflects a stable market condition, with a market price that shows no deviation from the baseline, indicating a balanced demand and supply scenario in the region. The high model confidence rating suggests that the valuation is robust, grounded in recent transactional data.

Analyzing the 38 recent HDB resale transactions in the vicinity provides valuable insights into the local market dynamics. The consistency in pricing underscores the resilience of the HDB market in Jurong East, a region known for its strategic location and access to amenities. The remaining lease of 68 years is a critical factor, as it positions the property within a sustainable investment horizon, appealing to both owner-occupiers and investors alike. This combination of factors solidifies the property’s standing within the competitive landscape of HDB resale flats.