4-Room HDB for Room Rent: 761 Jurong West Street 74

The valuation of the HDB 4 Room unit located in Jurong West, with a remaining lease of 67 years, stands at an estimated value of $58,860, translating to a price per square foot (PSF) of $453. This assessment is underpinned by a robust analytical framework, drawing from an extensive dataset of 85 recent HDB resale transactions in the vicinity, ensuring high model confidence in the valuation. The current market signal indicates a stable position, reflecting a 0% difference from the baseline, which suggests that the property is accurately priced in relation to the prevailing market conditions.

In the context of Singapore’s dynamic real estate landscape, this valuation highlights the resilience of HDB properties in Jurong West, particularly with a remaining lease of 67 years, which is conducive for long-term investment. The stability of the market price indicates a balanced supply and demand dynamic in the area, reinforcing the attractiveness of this property type for both homeowners and investors alike. The high model confidence further emphasizes the reliability of the valuation, making it a noteworthy opportunity within the current market framework.