Executive HDB for Sale in 287C Jurong East Street 21

The valuation of the HDB Executive unit in Jurong East, with a remaining lease of 70 years, stands at an estimated value of $1,001,076, translating to a price per square foot (PSF) of $650. This pricing reflects a market signal that is tightly aligned with the baseline, exhibiting only a 0.1% variance. Such stability in valuation suggests a robust demand for HDB properties in this region, particularly given the ongoing urban development initiatives that continue to enhance the appeal of Jurong East as a residential hub.

Our analysis is supported by a review of 8 recent HDB resale transactions in the vicinity, which substantiate the competitive pricing landscape. The medium confidence level in our model suggests a reasonable predictability in this valuation, albeit with some caution due to potential market fluctuations. As the remaining lease of 70 years indicates a relatively long tenure for prospective buyers, it positions this property favorably among similar listings, making it an attractive investment for both owner-occupiers and investors alike. The dynamics of the local market continue to favor properties with substantial remaining leases, pointing to a sustained interest in HDBs within the Jurong East precinct.