4 Room (4A) HDB for Sale in 153 Yung Ho Road

The valuation of the 4-room HDB in Jurong East, with a remaining lease of 62 years, stands at an estimated value of $515,245, translating to $460 PSF. This valuation indicates a market signal categorized as above market, reflecting a 6.7% difference from the baseline. Such a premium suggests a robust demand for properties in this region, likely driven by Jurong East's strategic position within Singapore's evolving urban landscape and its proximity to key amenities and transport networks.

Analyzing the data from 13 recent HDB resale transactions in the vicinity, the model confidence is assessed as medium. This indicates a reasonable degree of reliability in the valuation, underpinned by the consistent performance of HDB properties in this area. The remaining lease of 62 years is a crucial factor in this context, as it balances the potential for appreciation against the time left on the lease. Investors and homeowners alike should consider the implications of lease duration on property value, particularly in a market where younger buyers are increasingly cautious about long-term commitments.