Common Room (HDB) for Rent in 214 Jurong East Street 21

The valuation of the HDB 2 Room unit in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $86,486 or $577 PSF. This figure not only reflects the current market dynamics but also underscores the stability of the housing market in this strategically located area. With a market price that shows a 0% difference from the baseline, it indicates that the property is fairly valued in relation to similar transactions. This is particularly significant in the context of recent fluctuations in the real estate sector, where buyers are increasingly cautious.

Our analysis is backed by a robust confidence level, classified as High, based on a comprehensive review of 23 recent HDB resale transactions in the vicinity. The data reveals a consistent demand for HDB properties in Jurong East, an area recognized for its accessibility and future growth potential. The remaining lease of 55 years is a critical factor that influences buyer sentiment, as it offers a substantial period for habitation and investment. As such, this valuation serves as a strategic reference point for both buyers and sellers navigating the evolving Singapore real estate landscape.