5 Room (5A) HDB for Sale in 209 Jurong East Street 21

The current valuation of the HDB 5-room unit in Jurong East stands at an estimated $508,951, translating to a price per square foot (PSF) of $384. This valuation is notably positioned above the market baseline, reflecting a significant 35.2% premium relative to comparable properties in the area. Such a disparity suggests a strong demand for housing in this neighborhood, driven by factors such as proximity to amenities and transport links, which are paramount considerations for prospective buyers.

However, it is important to note that the model confidence for this valuation is categorized as low, indicating potential volatility in the estimated price. This uncertainty arises from the limited dataset, with only two recent HDB resale transactions in the vicinity to inform this assessment. Additionally, with a remaining lease of 55 years, the value proposition may be impacted as buyers weigh the implications of leasehold duration against their long-term investment strategies. As the market dynamics evolve, it will be crucial for stakeholders to monitor trends and shifts in buyer sentiment that could further influence property valuations in this area.