Common Room (HDB) for Rent in 505 Jurong West Street 52

The valuation of the HDB 2 Room unit in Jurong West, with a remaining lease of 58 years, reflects a calculated estimated value of $68,890, translating to a price per square foot (PSF) of $574. This valuation is grounded in robust market analytics, derived from an extensive review of 162 recent HDB resale transactions within the vicinity, ensuring a comprehensive understanding of local market dynamics. The model confidence level is rated as high, underscoring the reliability of the data-driven approach employed in this valuation.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the current pricing aligns perfectly with prevailing market conditions. This equilibrium points to a stable demand for HDB properties in the Jurong West area, further supported by the remaining lease term. As buyers increasingly consider the longevity of their investment, the 58-year lease remains attractive, offering a balance between affordability and potential future value appreciation. The Jurong West region continues to be a focal point for HDB living, and this valuation encapsulates the underlying confidence in its market resilience.