Common Room (HDB) for Rent in 407 Pandan Gardens

The valuation for the HDB 2-room unit in Jurong East, with a remaining lease of 51 years, stands at an estimated value of $62,501, translating to $521 per square foot (PSF). This valuation reflects a stable market condition, as indicated by the 0% difference from the baseline market price. Such stability is noteworthy in the current economic climate, where fluctuations have been common in various segments of the property market.

Our model confidence is rated as high, bolstered by an analysis of 22 recent HDB resale transactions in the vicinity. This robust dataset provides a reliable foundation for our valuation, ensuring that it accurately represents the prevailing market dynamics. As the remaining lease is a critical factor in HDB valuations, the 51-year lease remaining on this unit positions it competitively, appealing to both first-time buyers and investors looking to capitalize on the potential for future appreciation in the vibrant Jurong East area.