Common Room (HDB) for Rent in 484 Jurong West Avenue 1

In the current landscape of Singapore's real estate market, the valuation of the HDB 4 Room unit in Jurong West reflects a nuanced understanding of both the property and its surrounding environment. With an estimated value of $48,716, translating to $406 per square foot, this property sits within a balanced market, evidenced by a 0% difference from the baseline market price. Such stability in valuation indicates a well-informed buyer sentiment and a consistent demand for HDB units in this area, particularly as Jurong West continues to evolve as a pivotal residential hub.

The remaining lease of 57 years is a crucial factor in the valuation, as it positions the property within a favorable bracket for prospective buyers who are increasingly seeking long-term investments. This dynamic is underscored by recent trends, with 95 comparable HDB resale transactions in the vicinity fortifying the model's high confidence level. As the Jurong region undergoes significant infrastructural developments and amenities enhancement, the valuation not only reflects the current market conditions but also anticipates potential appreciation in value as demand continues to rise. The interplay between lease tenure, local amenities, and market stability presents a compelling case for investors and homeowners alike.