3-Room HDB for Room Rent: 926 Jurong West Street 92

The HDB 3-room unit located in Jurong West is currently estimated at a value of $55,315, translating to a price per square foot (PSF) of $461. This valuation is based on a remaining lease of 61 years, which plays a critical role in influencing buyer sentiment and overall market dynamics. With a calculated market price that reflects a 0% difference from the baseline, this indicates a stabilizing trend within the local HDB market, suggesting that current pricing aligns closely with historical performance.

However, it is important to note that the model confidence for this valuation is rated as low, derived from just two recent resale transactions within the vicinity. Given the limited data points, this could imply potential fluctuations in value based on market movements or changes in buyer preferences. As the Jurong West area continues to develop, the interplay between the remaining lease and the evolving local infrastructure will be crucial for future valuations. Investors and homeowners alike should remain vigilant, considering both the immediate market signals and broader economic indicators as they assess the long-term viability of HDB properties in this region.