5 Room (5I) HDB for Sale in 213 Jurong East Street 21

The HDB 5-room property located in the vibrant Jurong East district, with a remaining lease of 55 years, presents an intriguing valuation scenario. Priced at an estimated value of $579,276 (equating to $448 per square foot), this property is currently positioned above the market baseline by a notable 29.3%. This premium valuation signals a robust demand within the Jurong East area, suggesting that buyers may be attracted by the district's strategic development plans and amenities, which are enhancing the overall desirability of HDB living spaces.

However, it is imperative to note the model confidence in this valuation is classified as low, indicating potential volatility and uncertainty in the market's perception of value. The assessment is grounded in recent transactions, with only four HDB resale cases considered from the vicinity. This limited dataset suggests that while there is a clear upward trajectory in pricing, it may be influenced by unique circumstances surrounding individual sales rather than a broad market trend. Investors and potential buyers should exercise due diligence, taking into account the dynamics of the remaining lease and market signals, as they navigate this intriguing but complex valuation landscape.