4-Room HDB for Room Rent: 21 Teban Gardens Road

The valuation of the HDB 4-room unit in Jurong East, with a remaining lease of 85 years, stands at an estimated value of $101,849, translating to a price per square foot (PSF) of $679. This figure indicates a stable market position, as it reflects a 0% deviation from the baseline market price, suggesting that the property is currently aligned with prevailing market trends. Such stability is significant in an evolving real estate landscape, particularly in the context of HDB properties, where lease tenure plays a crucial role in influencing buyer sentiment and valuation.

Analyzing the model confidence, which is rated as medium, indicates a reasonable degree of reliability in the valuation based on a comparative study of 14 recent HDB resale transactions in the vicinity. This localized data provides a solid foundation for assessing the property’s worth, taking into account the unique dynamics of the Jurong East area. As the region continues to develop with ongoing infrastructural enhancements and community amenities, the remaining lease of 85 years positions this HDB unit favorably for potential appreciation. Investors and homeowners alike should consider the implications of lease duration on long-term value retention, particularly in an environment where urbanization and demographic shifts are increasingly influencing real estate demand.