Common Room (HDB) for Rent in 284 Toh Guan Road

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 71 years, reflects a current estimated value of $44,376, translating to a competitive $740 per square foot (PSF). This valuation is grounded in a robust analysis of the local market dynamics, supported by a thorough examination of 22 recent HDB resale transactions in the vicinity, which provides a strong empirical basis for the estimated value. The model confidence is classified as high, indicating a reliable assessment in the context of the current market conditions.

Notably, the property exhibits a 0% difference from the baseline market price, signaling a balanced market environment where supply and demand are in equilibrium. This stability is particularly significant in the Jurong East area, which is experiencing ongoing urban development and infrastructure improvements, potentially enhancing the long-term value of HDB properties. As such, this valuation not only reflects the current market sentiment but also positions the property advantageously within the evolving landscape of Singapore's real estate market.