4-Room HDB for Room Rent: 152 Yung Ho Road

The HDB 4 Room property located in Jurong East, with a remaining lease of 62 years, presents a noteworthy valuation of approximately $47,206, translating to a price per square foot (PSF) of $472. This pricing is indicative of a stable market condition, as evidenced by a market signal of 0% difference from the baseline. Such stability suggests a balanced demand and supply dynamic in the area, reinforced by the recent performance of HDB resale transactions that provide a robust analytical foundation for this valuation.

With a model confidence rating classified as medium, the valuation reflects a comprehensive analysis derived from 10 recent HDB resale transactions within the vicinity. This metric not only underscores the competitive landscape of the Jurong East real estate market but also highlights the significance of the remaining lease period. Given that properties with shorter leases tend to face depreciation in value, a remaining lease of 62 years positions this HDB unit favorably, allowing for potential appreciation as the area continues to develop. Investors and homeowners alike should consider these dynamics when evaluating the long-term prospects of this property within the evolving landscape of Singapore's residential market.