3 Room (3A) HDB for Sale in 57 Teban Gardens Road

The valuation of this HDB 3 Room unit in Jurong East, with a remaining lease of 88 years, stands at an estimated value of $512,499, translating to a price per square foot of $711. This valuation positions the property above the market baseline by 5.4%, indicating a robust demand within the locality, particularly given the unit's favorable lease duration. The extended leasehold significantly enhances its appeal to potential buyers, as properties with longer leases generally command higher premiums in the resale market.

Analysis of recent transactions reveals a consistent trend among 16 comparable HDB resale units in the surrounding area. The medium confidence level of this model suggests a careful consideration of market dynamics, which are currently influenced by various factors including location desirability, proximity to amenities, and future infrastructural developments in Jurong East. As Singapore continues to evolve, properties in key regions like Jurong East are likely to benefit from both appreciation in value and sustained interest from buyers seeking long-term investment opportunities.