Common Room (HDB) for Rent in 446 Jurong West Street 42

The valuation of the HDB 2-room unit in Jurong West, with a remaining lease of 74 years, stands at an estimated value of $72,659, translating to a price per square foot (PSF) of $727. This valuation reflects a market equilibrium, as indicated by the 0% difference from the baseline price, suggesting that current market conditions are stable and in alignment with recent transaction trends in the vicinity. With a high model confidence level, this valuation is substantiated by the analysis of 80 recent HDB resale transactions, reinforcing the reliability of the data utilized in this assessment.

As Jurong West continues to develop as a vibrant residential hub, the 74-year lease remaining on this property positions it attractively within the market. The demand for HDB units in this area remains robust, driven by nearby amenities and transport links that enhance the desirability of the neighborhood. The current valuation not only signals stability but also reflects the broader market dynamics at play, where buyers are keenly aware of the lease duration, influencing their purchasing decisions. As such, this property represents a sound investment opportunity within the Singapore HDB landscape.