5 Room (5I) HDB for Sale in 165B Yung Kuang Road

The valuation of the 5-room HDB unit in Jurong East, with a remaining lease of 91 years, reflects a robust market position, with an estimated value of $670,311, translating to $551 per square foot. This valuation is notably above the baseline by 14.9%, indicating a strong demand within the local real estate landscape. Such a premium suggests that buyers are willing to invest significantly in properties that offer both longevity in leasehold and a desirable location.

The model's confidence in this valuation is categorized as high, supported by an extensive analysis of 226 recent HDB resale transactions in the vicinity. The consistent upward trend in prices can be attributed to several key factors:

• Strategic Location: Jurong East is emerging as a pivotal commercial and lifestyle hub, enhancing the appeal of residential properties in the area.
• Future Developments: Upcoming infrastructure projects and amenities are expected to further bolster property values, making this a strategic investment for potential buyers.
• Lease Longevity: With a remaining lease of 91 years, this HDB unit offers a more secure investment compared to shorter lease properties, appealing to both families and investors alike.