5 Room (5I) HDB for Sale in 63 Teban Gardens Road

The valuation of the HDB 5-room property located in Jurong East reflects a nuanced understanding of the current market dynamics, particularly given its remaining lease tenure of 76 years. With an estimated value of $705,814, translating to a price per square foot (PSF) of $571, this property showcases a stable demand within the local real estate landscape. The calculated market price demonstrates a minimal deviation of only 0.8% from the baseline, indicating a relatively balanced market environment and suggesting that buyer sentiment remains cautiously optimistic.

Support for this valuation is corroborated by a thorough analysis of recent HDB resale transactions in the vicinity, with data derived from 9 comparable properties. This solidified understanding offers a medium level of model confidence, reinforcing the credibility of the estimated value. As Jurong East continues to evolve with upcoming infrastructural developments and urban transformations, the longevity of the remaining lease on this property positions it as an attractive investment for both homeowners and investors seeking long-term appreciation.