4 Room HDB for Rent in 902 Jurong West Street 91

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 74 years, stands at an estimated value of $514,966, translating to a price per square foot (PSF) of $460. This valuation reflects a market equilibrium, with a 0% difference from the baseline, suggesting that the property is currently priced in line with market expectations. Such stability may indicate a balanced demand and supply scenario in the Jurong West area, where recent resale transactions provide a credible backdrop for this estimate.

However, the model confidence for this valuation is categorized as low, which implies a degree of uncertainty in the data derived from only two recent HDB resale transactions in the vicinity. As the remaining lease ticks down, potential buyers may exhibit caution, particularly in a market influenced by broader economic conditions and shifting buyer preferences. In this context, the longevity of the remaining lease becomes a critical factor in sustaining market interest, as it aligns with the expectations of both owner-occupiers and investors looking for long-term value in their property acquisitions.