4 Room (4A) HDB for Sale in 21 Teban Gardens Road

The valuation of the HDB 4 Room property located in Jurong East, with a remaining lease of 86 years, stands at an estimated value of $635,535, translating to a price per square foot (PSF) of $679. This figure is notably above the market baseline, reflecting a 7% premium. Such a valuation indicates a robust demand for HDB units in the Jurong East area, which has been experiencing a surge in interest due to its strategic location and future development plans under the Singapore government's Urban Redevelopment Authority initiatives.

Analyzing recent market transactions, this valuation is supported by data from 14 comparable HDB resale transactions within the vicinity. The medium confidence level suggests that while the valuation is backed by recent sales, fluctuations in the market can impact long-term value perceptions. The sustained interest in Jurong East, coupled with its favorable lease duration, positions this property as a compelling investment opportunity amidst a dynamic real estate landscape.