3 Room (3NG) HDB for Rent in 463 Jurong West Street 41

The valuation of the HDB 3-room unit in Jurong West, with an estimated value of $405,903, reflects the current market conditions and the property's remaining lease of 57 years. At a price of $460 per square foot, this valuation remains aligned with the baseline market price, indicating a neutral market signal. This stability suggests that while the property is competitively priced, there is limited upward pressure on values, potentially due to the shorter lease term compared to more premium offerings in the vicinity.

Analysis of three recent resale transactions in the area supports this valuation, although the model confidence is categorized as low. This indicates that while there are observable market trends, variations in individual property features, buyer sentiment, and external economic factors could impact future performance. The remaining lease is a critical consideration for prospective buyers, as properties with shorter leases often attract a narrower pool of buyers, which can influence liquidity and resale value in the long term. Investors should therefore weigh these dynamics carefully when assessing this property in the broader context of the Jurong West real estate landscape.