3 Room (3NG) HDB for Sale in 247 Jurong East Street 24

The valuation of the HDB 3 Room property in Jurong East, with a remaining lease of 75 years, stands at an estimated value of $411,003, translating to a competitive $562 PSF. This valuation reflects the property’s robust positioning within the local market, characterized by a 3.9% difference from the baseline market price. Such a premium suggests a favorable demand trajectory, likely driven by the strategic location of Jurong East, which continues to evolve as a vital commercial and residential hub within Singapore.

Our analysis is informed by 8 recent HDB resale transactions within the vicinity, providing a solid foundation for our market signal. The model confidence is categorized as medium, indicating a reliable yet cautious outlook based on current market conditions. As Jurong East continues to undergo significant infrastructural developments and urban planning enhancements, the remaining lease of 75 years on this property positions it attractively for both homeowners and investors, ensuring sustained interest and potential appreciation in value as the area matures.