4-Room HDB for Room Rent: 336 Jurong East Avenue 1

The valuation of the HDB 4-room unit in Jurong East, with a remaining lease of 57 years, stands at an estimated value of $40,661, translating to a price per square foot of $407. This valuation reflects the current market dynamics, where the assessed value aligns precisely with the baseline, indicating a 0% difference from the market price. Such a strong correlation suggests a stable demand for HDB properties in this region, particularly as Jurong East continues to evolve as a key residential and commercial hub.

With a model confidence level rated as high, this valuation draws upon data from 161 recent HDB resale transactions in the vicinity, reinforcing the credibility of the market signals. The resilience of the Jurong East property market can be attributed to its strategic location, excellent connectivity, and ongoing urban development projects. As the remaining lease of 57 years offers a reasonable time frame for potential homeowners and investors, it is imperative to acknowledge the balance between lease duration and market demand, which plays a crucial role in shaping future valuations in this vibrant locality.