3-Room HDB for Room Rent: 476 Jurong West Street 41

The valuation of the HDB 3-room unit in Jurong West, with a remaining lease of 57 years, stands at an estimated value of $91,009, translating to a price per square foot (PSF) of $455. This valuation reflects a market price that is effectively neutral, with a 0% difference from the baseline. Such stability in pricing indicates a balanced demand-supply dynamic in the immediate vicinity, suggesting that the property is positioned competitively within its market segment.

However, it is crucial to note the low model confidence associated with this valuation, which stems from the limited data set comprising only two recent HDB resale transactions in the area. This scarcity of transaction data may introduce volatility into the valuation process, as market sentiment can shift rapidly in response to broader economic factors. As the remaining lease diminishes, potential buyers may exhibit varying degrees of apprehension regarding long-term investment viability. Therefore, while the current valuation is indicative of the market conditions, prospective buyers should consider the implications of lease longevity and market fluctuations before making their purchase decisions.