Common Room (HDB) for Rent in 65 Teban Gardens Road

The valuation of the HDB 2-room unit in Jurong East, with a remaining lease of 76 years, stands at an estimated value of $90,003, translating to a price per square foot (PSF) of $750. This valuation is underpinned by a robust market analysis, considering 46 recent HDB resale transactions in the vicinity. The model confidence level is categorized as high, indicating a strong reliability in the data and predictive analytics employed to arrive at this figure.

Notably, the market signal reflects a stable condition, with a 0% difference from the baseline price, suggesting that current market dynamics are in equilibrium. This stability may be attributed to several factors, including sustained demand for HDB properties in the Jurong East area, which continues to benefit from ongoing urban development and infrastructure enhancements. Moreover, the remaining lease of 76 years positions this property as an attractive option for potential buyers, providing a relatively long tenure that aligns with the preferences of both owner-occupiers and investors in the market.