5 Room (5I) HDB for Sale in 258 Jurong East Street 24

The valuation of the HDB 5-room unit in Jurong East, with a remaining lease of 55 years, positions it at an estimated value of $503,494, translating to a price per square foot (PSF) of $387. This valuation is notably above the market baseline by 23.1%, indicating a premium placed on the property relative to comparable HDB transactions in the vicinity. Such a significant deviation in pricing may suggest heightened demand driven by specific location attributes or potential future developments in the Jurong East area, which is known for its strategic connectivity and burgeoning commercial landscape.

However, the model confidence associated with this valuation remains low, which necessitates a cautious approach for prospective buyers and investors. This uncertainty may stem from the limited dataset of only six recent HDB resale transactions in the area, which could lead to skewed insights into market trends. It is critical for stakeholders to consider not only the current valuation but also the broader market dynamics and leasehold considerations inherent to HDB properties, especially as the remaining lease diminishes over time. The interplay between market signals and lease longevity will ultimately play a pivotal role in shaping the investment potential of this property.