4-Room HDB for Room Rent: 345 Kang Ching Road

The HDB 4-room unit located in Jurong East, with a remaining lease of 69 years, presents an estimated valuation of $81,303, translating to a price per square foot (PSF) of $581. This valuation is particularly significant given its positioning within a highly sought-after locality, which has demonstrated resilience and stability in the face of fluctuating market conditions. The model confidence for this valuation stands at a high level, bolstered by a robust dataset comprising 68 recent HDB resale transactions in the vicinity, indicating a consistent demand for properties in this region.

Notably, the market price reflects a 0% difference from the baseline, suggesting that the property is accurately priced in line with current market trends. This equilibrium indicates a balanced supply and demand scenario, allowing for stable appreciation potential over the remaining lease period. As Jurong East continues to develop into a vibrant hub with enhanced connectivity and amenities, the long-term prospects for this HDB unit remain promising, appealing to both owner-occupiers and investors alike.