Common Room (HDB) for Rent in 721 Jurong West Avenue 5

The valuation of the 4-room HDB unit in Jurong West at an estimated value of $86,466, equating to $480 per square foot, reflects a robust alignment with the current market dynamics. With 62 years remaining on the lease, this property presents a balance of tenure that is appealing to both first-time buyers and investors looking for long-term stability in a rapidly evolving residential landscape. The model confidence in this valuation is categorized as high, underscoring the reliability of the data derived from 497 recent HDB resale transactions in the vicinity, which serves as a solid foundation for market analysis.

Notably, the market price for this property indicates a 0% difference from the baseline, suggesting that the valuation is precisely aligned with prevailing market trends. This stability in pricing is indicative of a balanced supply-demand scenario in Jurong West, a region known for its family-friendly amenities and accessibility to public transport. As such, potential buyers can have confidence in the investment potential of this property, while sellers can leverage this valuation to strategically position their listings in a competitive market.