4 Room (4A) HDB for Sale in 670A Jurong West Street 65

The valuation of the HDB 4 room unit in Jurong West, with a remaining lease of 73 years, stands at an estimated value of $559,596, translating to $565 per square foot (PSF). This assessment is derived from a robust dataset of 497 recent HDB resale transactions in the vicinity, offering a comprehensive overview of current market dynamics. The model confidence for this valuation is rated as high, indicating a strong alignment with prevailing market trends and transaction behavior.

Notably, the market signal reflects a 4.2% difference from the baseline, suggesting that the property is competitively positioned within the local market. This premium positioning can be attributed to several factors, including the strategic location of Jurong West, which is experiencing ongoing development and infrastructural improvements. The remaining lease of 73 years is also significant, as properties with substantial lease durations typically command a premium, reassuring potential buyers of the long-term viability of their investment. Overall, this valuation underscores the attractiveness of HDB properties in this region amidst a backdrop of stable demand and evolving market conditions.