Maisonette HDB for Sale in 719 Jurong West Avenue 5

The valuation of the HDB Executive unit located in Jurong West stands at an estimated value of $741,959, translating to a price per square foot (PSF) of $472. Notably, this valuation reflects an 11.9% premium above the local market baseline, indicating an above-market positioning driven by specific demand factors in the area. However, it is crucial to approach this valuation with caution, as the model confidence is rated as low, primarily due to the reliance on only one recent resale transaction within the vicinity.

The remaining lease of 63 years carries significant implications for potential buyers and investors. In Singapore, the leasehold nature of HDB properties is a critical factor influencing value, especially as it approaches the halfway mark of its lifespan. As the Jurong West area continues to develop with ongoing infrastructural improvements and urban planning initiatives, the market dynamics may shift, potentially enhancing the desirability of this property type. Nevertheless, prospective investors should remain vigilant and consider the broader market trends and transaction volumes to gauge the sustainability of this valuation premium.