Terraced House for Room Rent: Westville

The valuation for the HDB 2 Room unit in Jurong East, with a remaining lease of 70 years, stands at an estimated value of $85,734, translating to a price per square foot (PSF) of $714. This valuation reflects current market conditions, with a market price deviation of 0% from the baseline, indicating stability in this segment of the property market. The high model confidence level, derived from 22 recent HDB resale transactions in the vicinity, reinforces the robustness of this valuation.

Jurong East continues to be a focal point for HDB transactions, supported by its strategic location and ongoing development initiatives in the region. The 70-year lease remaining on this property aligns with the preferences of buyers who prioritize longevity and stability in their investments. Given the high confidence in this valuation, potential investors and homeowners can view this property as a sound investment opportunity in a market characterized by steady demand and minimal fluctuations.