5 Room (5I) HDB for Sale in 529 Jurong West Street 52

The valuation of the 5-room HDB in Jurong West, set at an estimated value of $521,479, or $411 per square foot, reflects a significant market signal indicating a premium positioning relative to comparable properties. With a remaining lease of 55 years, this unit's valuation stands 35.2% above the baseline market rate, suggesting strong demand dynamics in the area. Such a notable increase above the market average can be attributed to several factors, including the ongoing infrastructural developments and enhancements in local amenities, which continue to bolster the desirability of the Jurong West region.

The model confidence associated with this valuation is high, supported by a robust dataset of 495 recent HDB resale transactions in the vicinity. This data not only underpins the credibility of the 35.2% premium but also highlights the resilience of the HDB market in the face of fluctuating economic conditions. Buyers are increasingly drawn to the potential for long-term investment gains, particularly in locales like Jurong West that benefit from strategic urban planning initiatives. Consequently, this property stands as a compelling opportunity in the current market landscape.