5 Room (5I) HDB for Sale in 813 Jurong West Street 81

The valuation of the 5-room HDB unit located in Jurong West, with a remaining lease of 62 years, has been estimated at $527,121, translating to a price per square foot of $405 PSF. This valuation is positioned approximately 10% above the baseline, suggesting a strong market signal that may indicate heightened demand or unique property attributes that appeal to potential buyers. Such an increase above the market average could stem from the property’s strategic location within Jurong West, an area recognized for its accessibility and amenities.

However, it is essential to note the low confidence level associated with this valuation, which arises from the analysis being based on only three recent HDB resale transactions in the vicinity. This limited data set may not fully encapsulate broader market trends or shifts in buyer sentiment, particularly given the relatively shorter remaining lease period compared to other HDB properties. As such, potential investors and homeowners should approach this valuation with a degree of caution, weighing both the immediate market dynamics and the long-term implications of lease duration on property value appreciation.