Common Room (HDB) for Rent in 243 Jurong East Street 24

The valuation of the HDB 4 Room property in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $45,696 or $415 PSF. This valuation reflects a stable market condition, as indicated by a 0% difference from the baseline market price, suggesting that the property is appropriately priced in relation to recent sales trends in the area. The high model confidence, derived from an analysis of 320 recent HDB resale transactions within the vicinity, reinforces the reliability of this valuation.

In the context of Singapore's dynamic real estate landscape, the remaining lease of the property plays a critical role in its valuation. With 55 years left, potential buyers may view this as a strategic investment, particularly given Jurong East's ongoing infrastructural developments and the area's evolving demographic profile. The stability of the resale market in this region, combined with the attractiveness of the HDB scheme, positions this property as a viable option for both owner-occupiers and investors alike.