4 Room (4A) HDB for Sale in 166B Yung Kuang Road

The valuation of the 4-room HDB unit in Jurong East, currently estimated at $667,431 (or $667 PSF), reflects the nuanced dynamics of the local real estate market. With a remaining lease of 90 years, this property holds significant appeal for both homeowners and investors. The robust lease period enhances its long-term value, providing a sense of security in investment and maintaining the property’s desirability amidst a competitive HDB market.

Analyzing current market signals, the estimated value shows a 2.6% deviation from the baseline, indicative of a stable demand trajectory in the Jurong East area. This modest difference suggests that the property is well-positioned within the market, supported by a recent compilation of 13 comparable HDB resale transactions in close proximity. The model confidence level is rated as medium, reflecting the inherent variability of the market while still upholding a credible basis for this valuation. As Jurong East continues to evolve as a vibrant residential hub, the strategic location and favorable lease terms contribute to a promising outlook for potential appreciation in value.