Terraced House for Room Rent: Jalan Kayu Estate

The valuation of the HDB 2 Room property in Sengkang, with a remaining lease of 75 years, stands at an estimated value of $71,614, translating to a price per square foot (PSF) of $796. This assessment, backed by a robust dataset of 148 recent resale transactions in the immediate vicinity, reflects a high confidence level in the model, indicating a strong alignment with the prevailing market conditions.

Notably, the property has shown a market price that aligns perfectly with the baseline, showcasing a 0% difference. This stability suggests a balanced demand and supply dynamic within the Sengkang area, which has been characterized by moderate growth trends in the HDB sector. Investors and homeowners should recognize the implications of the remaining lease; a 75-year term provides a significant window for appreciation while maintaining a stable investment profile. As the market continues to evolve, understanding these lease dynamics will be crucial for making informed decisions in this competitive landscape.