5 Room (5I) HDB for Sale in 703 Jurong West Street 71

The valuation of the HDB 5 Room unit in Jurong West, with a remaining lease of 67 years, stands at an estimated value of $698,223, translating to a price per square foot (PSF) of $515. This valuation is underpinned by a robust analysis of the current market landscape, showcasing a mere 1.3% deviation from the established baseline, indicating a stable pricing environment. The model confidence in this valuation is rated as high, reflecting the reliability of the data sourced from 495 recent HDB resale transactions in the surrounding area.

With the remaining lease of 67 years, this property is positioned within a segment of the market that continues to attract both owner-occupiers and investors alike. Jurong West, known for its strategic location and accessibility, benefits from ongoing infrastructural developments and urban planning initiatives that could further enhance its appeal. The slight premium over the baseline price suggests a positive market sentiment, where demand for HDB units, particularly in well-established neighborhoods, remains resilient amidst broader economic considerations.