5-Room HDB for Room Rent: 834 Jurong West Street 81

The valuation of the 5-room HDB unit in Jurong West, with a remaining lease of 65 years, has been estimated at $50,700, equating to a price per square foot (PSF) of $422. This valuation reflects a market signal indicating a stable equilibrium, as evidenced by a 0% difference from the baseline market price. Such stability is particularly notable in the current climate of Singapore's real estate market, where fluctuations can often be observed. The high model confidence level, derived from an analysis of 56 recent HDB resale transactions within the vicinity, reinforces the robustness of this valuation.

The 65-year remaining lease is a crucial aspect in understanding the dynamics of this property’s value. As we observe the trends in the HDB market, properties with longer remaining leases typically command higher prices due to buyer confidence in longevity and investment potential. Furthermore, Jurong West continues to be an area of interest, benefiting from ongoing infrastructural developments and amenities that enhance its appeal to both homeowners and investors alike. This valuation serves as a reliable benchmark for potential transactions within this vibrant district.