3 Room (3A) HDB for Sale in 490 Jurong West Avenue 1

The valuation of the HDB 3 Room unit in Jurong West, with a remaining lease of 56 years, has been estimated at $362,763, translating to $462 per square foot (PSF). This figure positions the property significantly above the current market baseline, reflecting a 24% difference. Such a premium valuation suggests that the property may be leveraging specific local market dynamics or unique features that are not fully captured by standard valuation models.

However, it is crucial to note that the model confidence for this estimate is categorized as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity for comparative analysis. This limited data pool can introduce variability and potential biases, particularly in a market that is subject to rapid changes. As we navigate the complexities of the HDB landscape, it is essential for potential investors and homeowners to consider both the implications of the remaining lease and the overarching market conditions that influence property values in this vibrant district.