3-Room HDB for Room Rent: 43 Teban Gardens Road

The valuation of the 3-room HDB property located in Jurong East, with a remaining lease of 58 years, reflects a current estimated value of $62,826, translating to $419 PSF. This valuation indicates a market price alignment, with a 0% difference from the baseline, suggesting that the property is priced at the prevailing market rate. However, it is crucial to note that the model confidence is categorized as low, primarily due to the limited data set available for analysis.

With only one recent HDB resale transaction in the vicinity to inform this valuation, the reliability of the price estimate is inherently challenged. The Jurong East area, known for its developing infrastructure and amenities, may influence future resale value positively; however, the current low sample size suggests caution for potential investors. As the remaining lease diminishes, prospective buyers may need to consider the implications of lease decay on long-term investment viability in this dynamic market.