Common Room (HDB) for Rent in 20 Teban Gardens Road

The valuation of the HDB 4 Room unit in Jurong East, with a remaining lease of 86 years, stands at an estimated value of $83,224, equating to a price per square foot (PSF) of $555. This valuation is indicative of a stable market signal, as it reflects a 0% difference from the baseline price, suggesting that the property is accurately priced in line with current market trends. The model confidence for this valuation is classified as high, bolstered by a robust dataset derived from 318 recent HDB resale transactions in the vicinity, which offers a comprehensive perspective on prevailing market dynamics.

Jurong East has been recognized as a strategic growth corridor within Singapore, characterized by its accessibility and proximity to key amenities. With the remaining lease of 86 years, this HDB unit retains significant value, especially as buyers increasingly seek properties with long lease tenures. The stability in market prices suggests a balanced demand and supply scenario, which is crucial for prospective investors and homeowners. Overall, this valuation reflects a prudent opportunity for engagement in the thriving Jurong East real estate market.