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

The current 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 $573 PSF. This valuation reflects a market price that remains stable, with a 0% difference from the baseline, indicating a balanced supply and demand scenario in the area. The model confidence for this valuation is rated as high, which underscores the reliability of the analysis based on extensive data collection.

Analyzing the recent transactions in the vicinity, our assessment draws upon 22 recent HDB resale transactions, which provide a clear insight into current market dynamics. The stability in pricing suggests that the Jurong East area continues to attract interest, likely due to its strategic location and ongoing infrastructural developments. The remaining 55-year lease also positions this property favorably within the market, offering potential buyers a solid investment opportunity in a vibrant neighborhood. Overall, the data indicates that while the market remains steady, the fundamentals supporting the value of HDB properties in Jurong East are robust and promising for future appreciation.