4 Room (4A) HDB for Sale in 402 Jurong West Street 42

The valuation of the 4-room HDB unit in Jurong West stands at an estimated value of $439,673, translating to a price per square foot (PSF) of $397. This valuation positions the property 13.7% above the market baseline, indicating a robust demand and favorable market conditions in the vicinity. With a remaining lease of 57 years, this property not only offers a substantial living space for families but also reflects a growing interest in the Jurong West area, which is known for its strategic location and access to amenities.

The model confidence for this valuation is classified as high, bolstered by an analysis of 84 recent HDB resale transactions in the surrounding region. Such a substantial data set ensures that the valuation is reflective of current market trends and buyer sentiment. The above-market valuation signals a positive shift in the local real estate landscape, where buyers are willing to pay a premium for well-located properties with longer leases. This trend is indicative of a broader confidence in the HDB market, particularly in established neighborhoods like Jurong West, which are set to benefit from ongoing developments and infrastructural enhancements.