HDB Executive for Room Rent: 681A Jurong West Central 1

The valuation of the HDB Executive unit in Jurong West reflects a unique intersection of market conditions and property dynamics, with an estimated value of $84,901 or $566 PSF. The remaining lease of 71 years positions this property within a competitive landscape, where lease tenure often plays a crucial role in buyer sentiment and investment decisions. Given that the market price shows a 0% difference from the baseline, it suggests that the property is currently aligned with prevailing market expectations, indicating a stable demand within this segment of the HDB market.

However, the model confidence is rated as low, primarily due to the limited data underpinning this valuation, relying on just one recent HDB resale transaction in the vicinity. This scarcity of transactional data can lead to volatility in pricing assessments, particularly in a diverse market like Singapore. Potential buyers and investors should approach this valuation with caution, considering factors such as the property’s lease remaining, its location in the rapidly developing Jurong West area, and the broader economic indicators influencing the HDB market.