489 Jurong West Avenue 1 640489, Hong Kah, West Region, Singapore
$500,000
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$415,027
S$375 psf
Asking Price
S$500,000
S$451 psf
vs Market
+20.5%
vs Last Done
0.0%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Lakeside
882m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$451
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$375
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 489 JURONG WEST AVE 1 Floor 04 TO 06 | 1,109sqft | S$500,000 | ▲S$451 +20.3% vs FV | 99yr from 1984 |
Apr 2026 | Blk 489 JURONG WEST AVE 1 Floor 04 TO 06 | 1,109sqft | S$500,000 | ▲S$451 +20.3% vs FV | 99yr from 1984 |
Blk 489 JURONG WEST AVE 1
Apr 2026 · Floor 04 TO 06
+20.3% vs FV
Blk 489 JURONG WEST AVE 1
Apr 2026 · Floor 04 TO 06
+20.3% vs FV
HELIOS AI Analysis
In the current landscape of Singapore's real estate market, the valuation of the HDB 4 Room unit located in Jurong West presents a compelling narrative characterized by its remaining lease of 57 years and an estimated value of $415,027, translating to $375 per square foot. This valuation is notably positioned above the market average by 20.5%, indicating a robust demand for properties in this region, despite a model confidence rating classified as low due to the limited data pool of only one recent resale transaction in the vicinity.
The elevated price point suggests that buyers may be willing to pay a premium for the unique advantages offered by this particular HDB unit. Factors such as proximity to amenities, public transport, and the evolving infrastructure developments in Jurong can significantly influence attractiveness and, consequently, market value. However, potential investors and homeowners must exercise caution given the low confidence in the model, which highlights the importance of considering broader market trends and local dynamics when making real estate decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.