4 Room (4NG) HDB for Sale in 488 Jurong West Avenue 1

The HDB 4-room property located in Jurong West, with a remaining lease of 57 years, presents a compelling case for prospective buyers and investors alike. With an estimated value of $410,971, translating to $419 per square foot, this valuation reflects a significant market signal, indicating a premium above the baseline by 43.1%. Such a discrepancy suggests a robust demand in the area, potentially driven by ongoing developments and infrastructural improvements in Jurong West, which remains a key focus of urban renewal in Singapore.

However, it is crucial to note the model confidence associated with this valuation is classified as low, primarily due to limited transactional data—only one recent HDB resale transaction was recorded in the vicinity. This lack of comprehensive market data may introduce variability in the accuracy of the estimated value. Buyers should therefore exercise caution and consider conducting thorough due diligence to assess the sustainability of this premium valuation in the context of the property’s remaining lease and the broader market dynamics that could influence future resale potential.