3 Room (3NG) HDB for Sale in 528 Jurong West Street 52

The valuation of the HDB 3-room unit in Jurong West, with a remaining lease of 55 years, stands at an estimated value of $323,593, translating to a price per square foot (PSF) of $449. This valuation signals a noteworthy premium, reflecting a 28.2% deviation from the baseline market price, indicating that this property commands a higher market demand compared to its peers in the area.

Analyzing the recent market dynamics reveals that the valuation is supported by 8 recent HDB resale transactions in the vicinity, which collectively underscore a robust interest in properties within Jurong West. The model confidence is rated as medium, suggesting that while the data and trends are indicative, potential buyers should consider the inherent variability in the market. The remaining lease of 55 years is a critical factor in the valuation, as it directly influences buyer sentiment and investment decisions, particularly in a landscape where leasehold properties are evaluated against their remaining tenure. Overall, this valuation reflects the unique characteristics of the Jurong West area, coupled with prevailing market trends, making it a compelling consideration for prospective buyers.