3 Room (3A) HDB for Sale in 516 Jurong West Street 52

The valuation of the HDB 3-room unit in Jurong West, with a remaining lease of 56 years, has been estimated at $360,118, translating to a price per square foot (PSF) of $452. This valuation positions the property significantly above the baseline market value, reflecting a notable 16.1% premium. Such a discrepancy signals a strong demand for HDB properties in this locality, likely driven by factors such as accessibility to amenities and a well-connected transport network.

However, it is important to highlight that the model confidence for this valuation remains low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. This lack of transaction activity could introduce variability into the valuation process, suggesting that investors should proceed with caution. The interplay between the remaining lease duration and market demand will be crucial in shaping future price trajectories for this property type within Jurong West.