3 Room (3NG) HDB for Rent in 484 Jurong West Avenue 1

The HDB 3 Room property in Jurong West, with a remaining lease of 57 years, presents an estimated value of $321,071, translating to a price per square foot (PSF) of $445. This valuation indicates a stable market position, with a current market price reflecting a 0% difference from the baseline. Such stability suggests that the property is well-aligned with current market expectations, which is particularly significant given the area's evolving dynamics.

However, it is important to note that the model confidence for this valuation is categorized as low, indicating potential fluctuations or uncertainties in the market that may not be fully captured by recent transaction data. The valuation is based on six recent HDB resale transactions in the vicinity, which provide a basis for analysis but also highlight the need for cautious interpretation. As the property ages and the lease diminishes, potential buyers should consider the implications of a 57-year lease in terms of future resale value and investment viability.