4 Room (4A) HDB for Sale in 402 Jurong West Street 42

The valuation of the HDB 4-room property in Jurong West, set at $471,584 with a price per square foot of $426, reflects a robust market signal that suggests a significant premium over the baseline valuation by 16.6%. This elevated valuation is indicative of the strong demand for HDB properties in this region, particularly given its strategic location in the heart of Jurong West, an area known for its ongoing infrastructural development and enhanced connectivity. The remaining lease of 56 years also plays a pivotal role in shaping buyer sentiment, as properties with longer leases generally command higher prices, especially in a market that is increasingly influenced by the concept of lease decay.

Our analysis, grounded in a comprehensive dataset of 498 recent HDB resale transactions in the vicinity, supports a high model confidence level. This data-driven approach underscores the resilience of the Jurong West property market, driven by factors such as proximity to amenities, educational institutions, and upcoming MRT lines. As the region continues to evolve, it is anticipated that property values will experience upward pressure, thus making this HDB unit an attractive investment opportunity amidst the backdrop of Singapore's dynamic real estate landscape.