Common Room (Landed) for Rent in Yunnan Gardens

The valuation of the HDB 2-room unit in Jurong East, with a remaining lease of 64 years, stands at an estimated value of $86,616, translating to a price per square foot (PSF) of $666. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price, suggesting a balanced equilibrium in the local real estate landscape. Such stability is indicative of a mature market where supply and demand are closely aligned, particularly in a vibrant district like Jurong East that is known for its accessibility and community amenities.

With model confidence rated as high, this valuation is underpinned by a thorough analysis of 22 recent HDB resale transactions within the vicinity. The consistent transaction prices observed in this cluster further reinforce the reliability of the estimated value. As the remaining lease term is a critical factor in HDB valuations, the 64-year lease offers potential buyers a commendable tenure, providing ample time for appreciation within a robust urban setting. This property thus not only represents a feasible investment opportunity but also highlights the resilience of the HDB market in Singapore’s evolving real estate dynamics.