Common Room (HDB) for Rent in 181 Yung Sheng Road

The HDB 2-room unit located in Jurong East, with a remaining lease of 74 years, is currently valued at an estimated $112,504, reflecting a price per square foot (PSF) of $750. This valuation is derived from a comprehensive analysis of 23 recent HDB resale transactions in the vicinity, offering robust market insights and ensuring a high model confidence level. The price stabilizes at 0% difference from the baseline, indicating a balanced market scenario where demand and supply are well-aligned.

Jurong East remains a strategic residential hub, benefiting from its proximity to key amenities and evolving infrastructure developments. The modest lease duration of 74 years is a critical factor influencing market sentiment, particularly for potential buyers who may be more cautious about long-term investment viability. Given the high confidence in the model, this valuation serves as a reliable benchmark in understanding current market dynamics, which suggest a steady demand for HDB units in this locale amidst broader economic indicators.