498 Jurong West Street 41 640498, Hong Kah, West Region, Singapore
$3,200 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$338,108
S$491 psf
Asking Price
S$3,200
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Lakeside
579m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$581
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$491
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 498 JURONG WEST ST 41 Floor 01 TO 03 | 689sqft | S$400,000 | ▲S$581 +18.3% vs FV | 99yr from 1986 |
Aug 2025 | Blk 498 JURONG WEST ST 41 Floor 01 TO 03 | 689sqft | S$400,000 | ▲S$581 +18.3% vs FV | 99yr from 1986 |
Blk 498 JURONG WEST ST 41
Aug 2025 · Floor 01 TO 03
+18.3% vs FV
Blk 498 JURONG WEST ST 41
Aug 2025 · Floor 01 TO 03
+18.3% vs FV
HELIOS AI Analysis
The valuation of the 3-room HDB unit in Jurong West, with a remaining lease of 58 years, is estimated at $338,108 or $491 PSF. This figure indicates a market price with a 0% difference from the baseline, suggesting that the current valuation is closely aligned with prevailing market trends. The stability in pricing can be attributed to the area's consistent demand and the limited supply of HDB units, which often drives buyer interest.
However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data point raises questions about the robustness of the valuation amid potential fluctuations in the local real estate market. As such, prospective buyers and investors should approach this valuation with caution, considering both the remaining lease period and the overall market dynamics that could influence future resale opportunities.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.