3 Room (3NG) HDB for Rent in 338B Kang Ching Road

The valuation of the 3-room HDB property in Jurong East, with an estimated value of $458,200 and a price per square foot (PSF) of $674, reflects a stable market position, evidenced by a market price that shows no deviation from the baseline. This consistency indicates a balanced demand and supply dynamic in this sought-after residential enclave, which is indicative of the broader market sentiment in the area.

With a remaining lease of 83 years, this property offers significant longevity, appealing to both first-time buyers and investors seeking long-term value. The medium confidence level in the model suggests a degree of variability in local market conditions; however, the analysis is bolstered by data from 19 recent resale transactions in the vicinity, which provides a robust foundation for this valuation. The Jurong East region continues to benefit from ongoing infrastructural developments and urban planning initiatives, further enhancing its attractiveness as a prime residential location.