Common Room (HDB) for Rent in 55 Teban Gardens Road

The valuation of the HDB 2 Room in Jurong East, with a remaining lease of 89 years, is estimated at $90,020, translating to a price per square foot (PSF) of $750. This valuation reflects a stable market signal, as it indicates a 0% difference from the baseline, suggesting that the property is currently positioned at a fair market price, consistent with prevailing trends in the vicinity.

Our analysis is backed by a robust dataset comprising 22 recent HDB resale transactions in the area, which enhances the model's confidence level to high. The Jurong East precinct remains a strategic location, benefiting from ongoing infrastructural developments and urban planning initiatives. This is particularly significant given the remaining lease of 89 years, which provides potential buyers with a secure investment horizon. Coupled with the competitive PSF rate, this property represents an attractive opportunity within the HDB market landscape.