4-Room HDB for Room Rent: 273B Jurong West Avenue 3

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 72 years, has been estimated at $82,549, translating to a price per square foot (PSF) of $550. This valuation reflects the current market dynamics within the vicinity, supported by a robust analysis of 163 recent resale transactions. The property exhibits a market price alignment of 0% difference from the baseline, indicating a stable demand in the area and consistent valuation trends in the HDB segment.

The high model confidence associated with this valuation suggests that the underlying data is both reliable and reflective of the current market conditions. The remaining lease of 72 years is a critical factor in the valuation, as HDB properties with longer leases often attract a premium among buyers who prioritize longevity in their investment. This property’s position within the well-connected Jurong West estate further enhances its appeal, suggesting continued interest in this region amid Singapore’s evolving urban landscape.