Terraced House for Room Rent: Westwood Park

The valuation of the 2-room HDB flat located in Jurong East, with a remaining lease of 71 years, is estimated at $108,765, translating to a competitive $725 per square foot (PSF). This valuation reflects a significant stability in the local market, as indicated by the market price showing a 0% difference from baseline. This lack of variance suggests a balanced equilibrium between supply and demand, with the current pricing accurately reflecting the property's intrinsic value in the context of recent transactions.

Our analysis is bolstered by a robust dataset comprising 22 recent HDB resale transactions in the vicinity, which provides a comprehensive understanding of market trends and buyer sentiment. The high model confidence level reinforces the reliability of this valuation, indicating that the market is currently favoring properties with longer remaining leases, such as this one. As Jurong East continues to evolve as a key regional hub, the demand for HDB units in this area is expected to maintain its resilience, thereby supporting stable valuations in the foreseeable future.