5 Room (5I) HDB for Rent in 413 Pandan Gardens

The valuation of the HDB 5-room unit located in Jurong East, with a remaining lease of 52 years, stands at an estimated value of $399,286, translating to a price per square foot (PSF) of $317. This valuation reflects a market price that is in equilibrium, with a 0% difference from the baseline, indicating a stable pricing environment for HDB properties in this region. Such stability is essential for potential buyers and investors to consider, especially in a market characterized by fluctuating demand and supply dynamics.

However, it is important to note that the model confidence for this valuation is low, which suggests that while the estimated value is derived from three recent HDB resale transactions in the vicinity, there may be underlying factors affecting the reliability of these indicators. The remaining lease of 52 years is a critical determinant in the valuation process, as properties with shorter leases can experience depreciation in value over time. As the Jurong East area continues to evolve, with ongoing developments and urbanization, it is imperative for stakeholders to remain vigilant of the market trends that may influence future valuations.