Semi-Detached House for Room Rent: Corporation Drive

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 71 years, stands at an estimated value of $110,851 or $739 PSF. This figure reflects a stable market position, as indicated by a 0% difference from the baseline market price. Such stability suggests a strong demand for HDB properties in this region, underpinned by the ongoing urban development and infrastructural enhancements that Jurong East is experiencing.

Our analysis, grounded in data from 23 recent HDB resale transactions in the vicinity, indicates a high model confidence in this valuation. The resilience of the market for HDB units, particularly with a remaining lease of over 70 years, is a testament to the enduring appeal of public housing in Singapore. As leasehold properties age, those with longer remaining leases tend to maintain their value better, offering a secure investment option for potential buyers. This market dynamic reinforces the strategic importance of Jurong East as a desirable residential locale.