5-Room HDB for Room Rent: 656D Jurong West Street 61

The valuation of the HDB 5 Room unit in Jurong West, with a remaining lease of 73 years, stands at an estimated value of $63,763, equating to a price per square foot (PSF) of $580. This valuation is indicative of a robust market position, as it reflects a precise alignment with the baseline market price, demonstrating a 0% difference. Such stability suggests a well-balanced demand and supply dynamic in the Jurong West area, which is supported by extensive market analysis.

Our confidence in this valuation is bolstered by the examination of 241 recent HDB resale transactions in the vicinity, which affirm the market's resilience and buyer interest in this segment. The high model confidence rating associated with this valuation underscores the reliability of the data and the prevailing market trends. As the HDB market continues to evolve, this property stands as a testament to the enduring appeal of well-located units within established neighborhoods, particularly those with substantial remaining leases, which are highly sought after by both owner-occupiers and investors alike.