3 Room (3I) HDB for Sale in 122 Yuan Ching Road

The valuation of the HDB 3 Room unit in Jurong East, with a remaining lease of 44 years, stands at an estimated value of $226,755, translating to a price per square foot (PSF) of $345. This valuation is indicative of a robust demand in the local market, as it reflects a significant premium of 45.5% above the baseline market value. Such a marked deviation suggests that the property is highly sought after, likely due to its advantageous location and the overall appeal of the Jurong East area.

With a model confidence rating of High, the valuation is supported by a comprehensive analysis of 387 recent HDB resale transactions in the vicinity. This extensive dataset underscores the resilience of property values in Jurong East, particularly for units with a reasonable remaining lease. The dynamics of the HDB market in this region appear to favour sellers, driven by factors such as proximity to amenities and ongoing developments that enhance the livability and desirability of the area. As the landscape evolves, this property stands as a testament to the enduring value of HDB flats in Singapore’s competitive real estate market.