4-Room HDB for Room Rent: 153 Yung Ho Road

The HDB 4-room property located in Jurong East is currently valued at approximately $69,068, translating to a price per square foot (PSF) of $460. This valuation reflects a stable market position, as indicated by a 0% difference from the baseline market price. The remaining lease of 62 years is a significant factor in this analysis, as properties with shorter leases typically experience depreciation in value, while those with longer leases tend to retain their marketability and appeal. In this case, the remaining lease contributes positively to the overall valuation, suggesting a resilient demand in the Jurong East area.

Our analysis is supported by data from 13 recent HDB resale transactions in the vicinity, which provide a reliable benchmark for evaluating market dynamics. The medium confidence level indicates that while the valuation is grounded in substantial market activity, fluctuations in buyer sentiment and broader economic factors could influence future trends. Given the strategic location of Jurong East, coupled with ongoing developments in the region, this property stands as an attractive opportunity for potential buyers seeking to invest in a stable residential asset in Singapore.