4 Room (4NG) HDB for Sale in 458 Jurong West Street 41

The subject property, a 4-room HDB flat located in Jurong West, is currently valued at approximately $425,204, translating to a price per square foot of $434. This valuation reflects a significant premium in the context of the local market, with an impressive 31.2% increase over the baseline valuation. Such a substantial markup indicates a strong demand for residential units in this area, bolstered by the ongoing development and infrastructure improvements in Jurong West.

With a remaining lease of 56 years, this property stands out in a market that often sees lease tenure as a critical factor in valuation. The high model confidence, derived from a robust analysis of 497 recent HDB resale transactions in the vicinity, underscores the reliability of this assessment. The elevated valuation suggests that buyers are willing to pay a premium for properties in Jurong West, likely driven by the area's accessibility, community amenities, and potential future growth. This trend indicates a healthy market dynamic, where long-term lease properties continue to attract interest despite the typical concerns associated with shorter lease tenures.