Common Room (HDB) for Rent in 865 Jurong West Street 81

The valuation of the 2-room HDB unit in Jurong West, with a remaining lease of 67 years, stands at an estimated value of $84,521, translating to a competitive price per square foot of $650. This valuation reflects not only the intrinsic characteristics of the property but also the prevailing market dynamics, which indicate a stable environment for HDB resale transactions in the region.

With a market price exhibiting a 0% difference from the baseline, it demonstrates a balanced equilibrium, suggesting that demand and supply factors are currently aligned. The model confidence is rated as high, based on a robust analysis of 162 recent HDB resale transactions in the vicinity, providing a solid foundation for the estimated value. This stability in pricing indicates the resilience of the Jurong West area, which continues to attract buyers despite the fluctuations observed in other segments of the market.