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The valuation of the 4-room HDB unit in Jurong East, currently estimated at $402,707 (or $411 PSF), reflects a significant premium in the context of the local real estate market. With a remaining lease of 55 years, this property is positioned strategically within a vibrant urban enclave, known for its accessibility and amenities. However, the valuation indicates an above-market premium of 24.2% compared to baseline pricing, suggesting that the property is priced at a level that surpasses recent comparable sales.

The model confidence associated with this valuation is categorized as low, which underscores the potential volatility and variability in the local HDB market. This assessment is based on only five recent resale transactions in the vicinity, indicating a limited statistical basis for the valuation. As such, prospective buyers should exercise caution and diligence, takin

Bernie Cheo

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