3 Room (3I) HDB for Sale in 412 Pandan Gardens

The valuation of the HDB 3 Room unit in Jurong East reflects a nuanced interplay between remaining lease, market dynamics, and recent transaction data. With a remaining lease of 51 years, the estimated value stands at $271,355, translating to a price per square foot (PSF) of $345. This positioning is notably above the market average, with a substantial 32.3% difference from the baseline, indicating strong demand and potential investment interest in the area despite the reduced lease duration.

However, it is crucial to note that the model confidence for this valuation is categorized as low, derived from only four recent HDB resale transactions in the vicinity. This limited dataset suggests a degree of volatility and uncertainty in the market, which may affect the reliability of the valuation. Investors and homeowners alike should consider the implications of the remaining lease on long-term value retention and marketability, particularly in a landscape where leasehold properties can experience significant fluctuations in desirability as the lease period diminishes.