3 Room (3NG) HDB for Rent in 102 Jurong East Street 13

The current valuation of the 3-room HDB unit in Jurong East stands at an estimated value of $346,157, translating to a price per square foot (PSF) of $479. With a remaining lease of 55 years, this property reflects a competitive positioning within the local market, as evidenced by its market price exhibiting a 0% difference from the baseline. This stability in pricing suggests a balanced demand and supply dynamic, which is crucial for potential investors and homeowners alike.

Analysis of 16 recent HDB resale transactions in the vicinity indicates a medium confidence level in the valuation model, underscoring the importance of contextual factors that can affect property value. The Jurong East area has been experiencing a gradual resurgence in interest, particularly with ongoing developments enhancing connectivity and amenities. Such factors not only bolster the desirability of HDB units in the region but also contribute to a sustained market interest. As the lease period is still relatively long, prospective buyers can glean a sense of security in their investment, knowing that the property’s lifespan aligns well with future urban developments.