4 Room (4A) HDB for Sale in 461 Jurong West Street 41

The valuation of the HDB 4-room unit in Jurong West, with a remaining lease of 56 years, is estimated at $417,930, translating to a price per square foot (PSF) of $396. This valuation is noteworthy as it positions the property significantly above the current market baseline by 31.6%. Such a premium suggests that this particular unit is perceived as highly desirable, potentially due to its location, amenities, or unit condition, which can attract buyers willing to pay a premium for added value.

The model confidence for this valuation is rated as high, bolstered by an analysis of 90 recent HDB resale transactions in the vicinity. This extensive data set allows for a robust comparison against market trends, reinforcing the valuation's credibility. The elevated price reflects current market dynamics, where demand for HDB properties in strategic locations like Jurong West continues to thrive, despite the diminishing lease length. As Singapore's real estate landscape evolves, properties with favorable attributes, including location and unit type, are expected to maintain their allure, further solidifying their value in a competitive market.