5 Room (5I) HDB for Sale in 111 Jurong East Street 13

The valuation of the HDB 5-room unit in Jurong East, with a remaining lease of 54 years, stands at an estimated value of $512,761, translating to a price per square foot (PSF) of $397. This valuation reflects a notable market signal, indicating an above-market valuation with a significant 42.4% difference from the baseline. Such a premium suggests that this property is positioned strategically within a robust market context, potentially driven by factors such as location desirability, recent developments in the vicinity, and unique property features that appeal to a discerning buyer demographic.

However, it is essential to consider the model confidence rating, which is classified as low, indicating that the valuation should be approached with caution. The valuation is based on a limited dataset of six recent HDB resale transactions within the area, which may not provide a comprehensive overview of the current market dynamics. As Jurong East continues to evolve with ongoing infrastructure projects and urban development, potential buyers and investors should remain vigilant in observing market trends, leasehold considerations, and the broader economic environment that could influence future valuations and property demand.