4-Room HDB for Room Rent: 690 Jurong West Central 1

The current valuation of the HDB 4-room unit located in Jurong West stands at an estimated value of $166,167, translating to a price per square foot of $554. With a remaining lease of 70 years, this property reflects a stable investment opportunity within the vibrant Jurong West precinct. Our valuation model indicates a market price that is 0% different from the baseline, showcasing a balanced demand and supply scenario in the HDB resale market.

Utilizing data from 128 recent HDB resale transactions in the vicinity, we maintain a high model confidence in this valuation. The stability in pricing suggests a solidified interest in Jurong West, driven by its strategic location and ongoing urban development initiatives. As the market continues to evolve, the remaining lease of 70 years plays a crucial role in attracting potential buyers, ensuring that the property remains competitive within the broader HDB landscape.