3 Room (3NG) HDB for Sale in 210 Jurong East Street 21

The valuation of the HDB 3-room property located in Jurong East, with a remaining lease of 55 years, stands at an estimated value of $310,592, translating to $431 per square foot (PSF). This valuation is notably positioned above the market average, reflecting a substantial 44.9% deviation from the baseline. Such a premium valuation indicates strong demand and buyer confidence in this sector, particularly in the context of the Jurong East locale, which is recognized for its strategic connectivity and evolving urban landscape.

The model confidence in this valuation is categorized as high, supported by an extensive analysis of 390 recent HDB resale transactions in the vicinity. This robust dataset not only reinforces the credibility of the valuation but also highlights the competitive nature of the HDB market in Jurong East. The remaining lease period of 55 years is a critical factor in the valuation, as it aligns with buyer preferences for properties that offer a substantial tenure while also balancing the anticipated appreciation potential in an area marked by ongoing infrastructural developments and urban revitalization efforts.