5 Room (5A) HDB for Sale in 331 Jurong East Avenue 1

The valuation of the HDB 5-room unit located in Jurong East reflects a nuanced understanding of the local property dynamics, particularly given its remaining lease of 57 years. Estimated at $521,907, which translates to approximately $370 per square foot, this valuation is positioned significantly above the market baseline by 20.7%. This premium suggests an acute demand for housing within the Jurong East area, potentially driven by ongoing developments and enhancements in infrastructure that bolster the neighborhood's appeal.

However, it is essential to note that the model confidence for this valuation is categorized as low, indicating potential volatility in the estimation process. The reliance on only three recent HDB resale transactions within the vicinity may contribute to this uncertainty, as a limited dataset can skew results and reflect transient market fluctuations rather than a stable trend. Investors and homebuyers should therefore approach this valuation with a discerning perspective, considering both the remaining lease and the prevailing market signals that suggest a complex interplay of supply and demand in this vibrant district.