4-Room HDB for Room Rent: 153 Yung Ho Road

The valuation of the 4-room HDB unit in Jurong East, with a remaining lease of 62 years, stands at an estimated value of $28,097, equating to a price per square foot (PSF) of $468. This valuation reflects a stable market condition, as indicated by a 0% difference from the baseline price. Such consistency in pricing suggests a balanced demand and supply dynamic in the HDB resale market, particularly in the Jurong East area, which continues to attract a diverse demographic due to its strategic location and amenities.

With high model confidence derived from an analysis of 320 recent HDB resale transactions in the vicinity, this valuation underscores the robustness of the local property market. The remaining lease of 62 years is a crucial factor, as it positions the property favorably among potential buyers who prioritize longevity in leasehold properties. As the Jurong region undergoes infrastructural enhancements and urban development, the appeal of such HDB units is likely to sustain or even appreciate, making it a prudent consideration for both investors and homebuyers seeking stability in their property investments.