5 Room (5A) HDB for Rent in 661C Jurong West Street 64

The valuation of the HDB 5-room unit in Jurong West, with a remaining lease of 73 years, stands at an estimated value of $763,128, translating to a price per square foot (PSF) of $645. This assessment reflects a market signal indicating no deviation from the baseline price, suggesting a stable yet cautious sentiment among potential buyers and sellers in this region. The consistent pricing may be attributed to the limited number of recent resale transactions, with only two comparable sales influencing this valuation, which contributes to a low confidence level in the model's accuracy.

In the context of Singapore's dynamic real estate landscape, the remaining lease duration plays a crucial role in shaping buyer perceptions and investment decisions. With 73 years remaining, this unit retains significant value for families looking for long-term residency, particularly in the well-regarded Jurong West area. However, the low model confidence highlights the necessity for prospective buyers to conduct thorough due diligence. As market conditions evolve, the interplay between lease tenure, market demand, and resale activity will be pivotal in determining future valuation trends for HDB properties in this locality.