4-Room HDB for Room Rent: 209 Jurong East Street 21

The valuation of the 4-room HDB unit in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $78,281, translating to a price per square foot (PSF) of $391. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market rates. Such stability in pricing is indicative of a balanced market scenario, where supply and demand are relatively in sync, providing a robust environment for prospective buyers and investors.

Our analysis is supported by a comprehensive review of 145 recent HDB resale transactions within the vicinity, which bolsters the model’s confidence in the valuation, rated as high. The 55-year remaining lease is significant, as it places the property in a favorable position within the context of HDB's long-term value appreciation potential. This mid-term lease status appeals to first-time buyers and families looking for a stable living environment, while also attracting investors seeking properties with potential for capital growth. The consistent performance of the Jurong East market further enhances this property’s attractiveness, making it a compelling option in Singapore's dynamic real estate landscape.