4 Room (4A) HDB for Sale in 516 Jurong West Street 52

The valuation of this HDB 4-room unit in Jurong West, with a remaining lease of 56 years, stands at an estimated value of $450,349, translating to a price per square foot (PSF) of $406. This valuation places the property above the market average, exhibiting a significant 26.6% premium compared to the baseline. Such an elevated price point reflects the growing demand and desirability of the Jurong West area, particularly as it continues to evolve into a vibrant residential and commercial hub.

Our analysis, supported by data from 92 recent HDB resale transactions in the vicinity, indicates a strong market confidence in the property’s valuation. The high model confidence level suggests that key market dynamics, including increasing buyer interest and limited supply of comparable units, are driving prices upward. Buyers are increasingly willing to invest in properties with favorable lease durations, and this particular unit benefits from a relatively long remaining lease, enhancing its appeal in a competitive market.