3 Room (3I) HDB for Sale in 35 Teban Gardens Road

The valuation of this 3-room HDB property in Jurong East, with a remaining lease of 75 years, stands at an estimated value of $363,388, translating to a price per square foot (PSF) of $457. This valuation notably positions the property above market expectations, reflecting an 8.7% premium from the baseline valuation derived from comparable sales within the vicinity. Such a discrepancy indicates a robust demand for HDB units in this region, underscored by the area's appeal and ongoing urban developments.

Our analysis is informed by data from eight recent HDB resale transactions in Jurong East, which have collectively contributed to establishing the current market dynamics. The medium confidence level of this market assessment suggests that while the valuation is supported by recent sales, external factors such as macroeconomic conditions and buyer sentiment may still influence future pricing trends. As Jurong East continues to evolve with new infrastructure and amenities, the long remaining lease of this property enhances its attractiveness and potential for appreciation, reinforcing its position as a valuable asset in Singapore's competitive real estate market.