5 Room (5A) HDB for Rent in 331 Jurong East Avenue 1

The valuation of the HDB 5-room unit in Jurong East, with a remaining lease of 57 years, stands at an estimated value of $533,751, translating to a price per square foot (PSF) of $370. This valuation reflects a market price that shows no deviation from the established baseline, indicating a stable demand in this segment. The property has been assessed based on three recent resale transactions within the vicinity, providing a comparative baseline that supports the current valuation.

However, it is essential to note the model confidence for this valuation is classified as low. This suggests that while the estimated value aligns with recent market transactions, external factors such as buyer sentiment, macroeconomic conditions, and specific property characteristics may not have been fully accounted for in the model. As the remaining lease is a critical factor influencing value, properties in this category can experience fluctuations in demand, particularly as they approach the 30-year mark. As the Jurong region continues to evolve with ongoing developments, careful consideration of these dynamics will be crucial for prospective buyers and investors alike.