3 Room (3A) HDB for Sale in 240A Jurong East Avenue 1

This analytical summary highlights the valuation of a 3-room HDB unit located in Jurong East, with a remaining lease of 92 years. The estimated value stands at $574,323, translating to approximately $785 PSF. This valuation positions the property above the current market baseline, reflecting an 8% premium compared to similar properties in the area. Such a premium indicates a strong demand for HDB units in Jurong East, likely driven by the strategic location and favorable urban development plans in the region.

The assessment is grounded in a thorough analysis of 14 recent HDB resale transactions within the vicinity, providing a robust comparative framework. Despite the medium confidence level associated with this valuation, the data suggests a resilient market trend in Jurong East, characterized by a steady appreciation in property values. The remaining lease of 92 years further enhances the investment appeal, offering prospective buyers a significant duration of occupancy and potential future resale value. As such, this property represents a compelling opportunity for both homeowners and investors looking to capitalize on the evolving landscape of Singapore's real estate market.