Corner Terrace for Room Rent: Near NTU Resort Coliving!

The valuation of the HDB 2 Room unit located in Jurong East, with a remaining lease of 70 years, stands at an estimated value of $178,721, translating to a price per square foot (PSF) of $715. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is positioned at a fair market price relative to similar units in the area. Such stability suggests a well-balanced demand and supply dynamic in the Jurong East precinct, particularly as the region continues to benefit from ongoing infrastructural developments and urban rejuvenation efforts.

The model confidence for this valuation is rated as high, supported by extensive data from 22 recent HDB resale transactions in the vicinity. This robust dataset reinforces the credibility of the pricing model and highlights the attractiveness of the HDB segment in this locale. Prospective buyers and investors should note the implications of the remaining lease term, as properties with longer leases typically exhibit greater resilience in value retention. The Jurong East area remains a key focus for urban planning and development, making this unit a potentially sound investment for those looking to capitalize on future growth in the region.