Common Room (HDB) for Rent in 926 Jurong West Street 92

The valuation of the HDB 4 Room unit in Jurong West, with a remaining lease of 61 years, is estimated at $45,825, translating to a price per square foot of $472. This assessment reflects a stable market signal, with a 0% difference from the baseline, indicating that current market conditions are well-aligned with historical pricing trends. Such stability suggests a balanced demand and supply dynamic in the area, which is supported by a robust dataset of 498 recent HDB resale transactions in the vicinity.

The remaining lease of 61 years is a critical factor influencing valuation, particularly in Singapore's HDB landscape where lease tenure plays a significant role in buyer sentiment and investment decisions. As the Jurong West area continues to evolve with infrastructural developments and amenities, the demand for HDB units is expected to remain resilient, further bolstering property values. The confidence in this model is rated as high, underscoring the reliability of the valuation derived from comprehensive market analysis and empirical data.