5-Room HDB for Room Rent: 679C Jurong West Central 1

The valuation of the HDB 5-room unit in Jurong West, with a remaining lease of 71 years, stands at an estimated value of $162,094, translating to a price per square foot (PSF) of $540. This figure is particularly notable as it demonstrates a market price that aligns perfectly with the baseline, reflecting a 0% difference. Such stability in pricing indicates a well-balanced market environment, where supply and demand are in equilibrium, providing potential investors and homeowners with a sense of confidence in their investment.

Our model confidence for this valuation is rated as high, supported by a robust dataset encompassing 213 recent HDB resale transactions in the vicinity. This comprehensive analysis highlights the consistent demand for HDB properties in Jurong West, an area characterized by its growing amenities and infrastructure developments. The remaining lease of 71 years further adds to the attractiveness of this property, positioning it favorably in the eyes of prospective buyers who often consider lease length as a critical factor when evaluating HDB units. Overall, this valuation underscores the dynamic nature of the HDB market, where strategic investments can yield favorable long-term returns.