Common Room (HDB) for Rent in 101 Jurong East Street 13

The valuation of the HDB 2-room unit in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $85,939, translating to a price per square foot (PSF) of $573. This valuation reflects a precise alignment with the current market baseline, indicating a 0% difference, which suggests a stable market condition for similar properties in the area. The model confidence is categorized as high, addressing the robustness of the valuation supported by comprehensive data analysis.

Recent market dynamics show that the valuation is underpinned by 22 recent HDB resale transactions within the vicinity, providing a strong comparative basis for the assessment. The Jurong East locale is characterized by its strategic positioning and urban development potential, which has historically contributed to sustained demand for HDB properties. As such, the valuation not only reflects current market trends but also highlights the enduring value of leasehold properties in this region, particularly as the remaining lease of 55 years still offers prospective buyers significant tenure to enjoy the benefits of ownership.