4 Room (4A) HDB for Sale in 645 Jurong West Street 61

This valuation report focuses on a 4-room HDB property located in Jurong West, which presents an estimated value of $610,373, translating to a price per square foot (PSF) of $567. With a remaining lease of 71 years, this property remains well-positioned within the market, particularly given the ongoing developments in the Jurong region that enhance its desirability and potential for appreciation. The jurisdiction benefits from ongoing infrastructural improvements and proximity to key amenities, which are pivotal factors influencing property values.

The analysis indicates a market signal of a Good Deal, with a 6.9% difference from the baseline, suggesting that this property is competitively priced compared to recent transactions. However, it is important to note that the model confidence is rated as Low, which underscores the need for cautious appraisal when interpreting these figures. This rating reflects potential variability in the local market dynamics, as it is based on just three recent HDB resale transactions in the vicinity. Investors and buyers should weigh these factors carefully, considering both the potential for future value appreciation and the implications of the remaining lease period in their decision-making process.