5-Room HDB for Room Rent: 226 Jurong East Street 21

The valuation for the HDB 5-room unit in Jurong East, with a remaining lease of 55 years, is estimated at $56,306, translating to a competitive price of $433 per square foot (PSF). This valuation is particularly noteworthy given the current market dynamics which reflect a stable pricing environment, with the market price showing a 0% difference from the baseline. This consistency indicates a balanced demand and supply scenario, reinforcing the high confidence associated with this valuation model.

Furthermore, the analysis is underpinned by a robust dataset, drawing insights from 226 recent HDB resale transactions within the vicinity. Such a substantial sample size contributes to the high model confidence rating, suggesting that the valuation is not only reflective of current market trends but also indicative of the potential for future appreciation in this vibrant precinct. The Jurong East area is witnessing ongoing infrastructural developments and urban revitalization, which are likely to enhance the appeal of HDB properties, particularly those with a substantial remaining lease like this unit.