Terraced House for Room Rent: Westville

The valuation of 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 competitive $714 per square foot (PSF). This pricing reflects a calculated approach, taking into account the current market conditions and the specific characteristics of the property. With a market price that shows a 0% difference from the baseline, this indicates a stable valuation with no significant fluctuations, suggesting a balanced demand and supply equilibrium in the area.

Our analysis is bolstered by a robust dataset featuring 22 recent HDB resale transactions within the vicinity, which provides a solid foundation for this valuation. The high model confidence indicates a strong correlation between the estimated value and the current market trends, reinforcing the resilience of the HDB market in Jurong East. As the area continues to develop, the enduring appeal of properties with a longer remaining lease, like this one, is expected to attract prospective buyers looking for stability and investment potential in a dynamic urban landscape.