4 Room (4A) HDB for Sale in 236 Jurong East Street 21

The valuation of the HDB 4-room unit in Jurong East, estimated at $390,808 or $399 per square foot, indicates a compelling market signal, as it sits 30.2% above the baseline valuation. This premium price reflects notable demand dynamics in the area, particularly given the remaining lease of 54 years, which is a critical factor in the valuation of HDB properties. Such a lease duration suggests that while the property has ample time before lease expiry, buyers may still weigh the potential depreciation associated with shorter leases in the future.

Our analysis is supported by recent data derived from eight HDB resale transactions in the vicinity, which have exhibited a consistent upward trend in pricing. The medium confidence level of this model suggests that while there is a strong market appetite, potential buyers should remain cognizant of the evolving landscape of HDB valuations influenced by factors such as government policies, proximity to amenities, and the overall economic environment in Singapore. The current valuation underscores Jurong East's appeal as a residential locale, buoyed by ongoing infrastructural developments and urban rejuvenation efforts in the region.