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

The valuation of the HDB 4 Room unit in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $471,584, translating to $426 per square foot. This valuation is particularly noteworthy as it registers an approximate 16.6% premium above the baseline market price, indicating a robust demand for such properties in the area. The elevated value reflects not only the inherent characteristics of the unit but also the broader market dynamics at play in Jurong West.

With a strong model confidence rating, derived from analysis of 498 recent HDB resale transactions in the vicinity, this valuation underscores the area's continuing appeal among homebuyers. Factors contributing to this above-market valuation include the strategic location of Jurong West, which is experiencing significant infrastructural development and urban revitalization. As the region evolves, properties with substantial remaining leases, such as this 4 Room unit, are likely to attract premium pricing, making them a compelling investment opportunity in Singapore's competitive real estate landscape.