4 Room (4NG) HDB for Rent in 108 Jurong East Street 13

The valuation of the HDB 4-room unit in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $349,670, translating to a price per square foot (PSF) of $406. This valuation reflects a market signal that indicates a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market conditions. It is essential to note that the model confidence is rated as low, indicating potential variability in market perceptions and price stability.

Recent transactional data, derived from four comparable HDB resale transactions in the vicinity, paints a nuanced picture of the local real estate landscape. The flat's remaining lease of 55 years positions it strategically within the market, as properties with a shorter lease tend to experience heightened sensitivity to pricing pressures. As Jurong East continues to evolve as a vibrant residential and commercial hub, the interplay between lease duration, location desirability, and market dynamics will be critical in shaping future valuations. Investors and homeowners alike should remain vigilant, given the low confidence in model predictions, while considering the broader economic indicators that may influence the HDB market in the coming years.