Common Room (HDB) for Rent in 288B Jurong East Street 21

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 71 years, stands at an estimated value of $73,960, translating to $740 per square foot (PSF). This valuation reflects a stable market condition, as indicated by the 0% difference from the baseline market price. Such market equilibrium suggests that the property is aptly priced, aligning closely with the current demand and supply dynamics within the Jurong East precinct.

Our analysis draws upon 22 recent HDB resale transactions in the vicinity, which bolster the model's confidence in this valuation, rated as high. The sustained interest in HDB properties within Jurong East can be attributed to several factors, including its strategic location, robust infrastructure development, and the area's ongoing transformation into a vibrant residential and commercial hub. As the remaining lease of 71 years offers a significant window for potential homeowners and investors alike, this property stands as a promising opportunity in Singapore's ever-evolving real estate market.