Terraced House for Room Rent: Yunnan Gardens

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 64 years, stands at an estimated value of $199,844, translating to a price per square foot (PSF) of $666. This valuation is closely aligned with the current market price, indicating a 0% difference from the baseline, which suggests a stable demand and competitive pricing within the local HDB market. Such alignment underscores the unit's attractiveness to potential buyers who are increasingly seeking affordable options in a highly urbanized district like Jurong East.

Market dynamics in this area are informed by recent transactions, with a robust dataset of 23 recent HDB resale transactions in the vicinity contributing to a high model confidence in this valuation. The current landscape indicates a sustained interest in HDB properties, particularly in regions that promise accessibility and connectivity. As Jurong East continues to develop, the remaining lease of 64 years for this unit positions it favorably in terms of investment potential, appealing to both first-time homebuyers and investors looking for long-term value appreciation.