Common Room (HDB) for Rent in 406 Pandan Gardens

The valuation of the HDB 2 Room unit in Jurong East at an estimated value of $64,472, equating to $603 per square foot, reflects a stable market environment characterized by zero percent deviation from the baseline price. With a remaining lease of 59 years, this property offers a balanced opportunity for both end-users and investors, particularly in a district known for its robust infrastructure and connectivity. The high model confidence is supported by an analysis of 22 recent HDB resale transactions within the vicinity, indicating consistent demand and price stability in the area.

In the context of the current market dynamics, the absence of price fluctuation suggests a harmonious equilibrium between supply and demand. Jurong East continues to attract a diverse demographic, driven by its strategic location and ongoing development initiatives. As the government propels urban renewal projects, including the enhancement of transport links and public amenities, the potential for appreciation in property values remains promising. This valuation not only underscores the enduring appeal of HDB properties in Singapore but also emphasizes the significance of lease tenure in influencing buyer sentiment and investment decisions.