3 Room (3A) HDB for Sale in 57 Teban Gardens Road

The subject property, a 3-room HDB unit located in the highly sought-after area of Jurong East, boasts a remaining lease of 89 years, positioning it favorably within the market dynamics of Singapore's real estate landscape. With an estimated value of $512,499, translating to a price per square foot (PSF) of $711, this property is currently assessed above the market baseline by 14.9%. This premium valuation suggests that demand in the Jurong East vicinity remains robust, driven by the area's strategic development plans and infrastructure improvements.

Analysis of recent market activity reveals that this valuation is supported by a sample of 16 recent HDB resale transactions in the surrounding area. While the model confidence is categorized as medium, the consistent upward trend in property values, coupled with Jurong East's appeal as a residential hub, indicates a strong likelihood of sustained interest from prospective buyers. The remaining lease of 89 years further enhances the attractiveness of this property, mitigating concerns typically associated with shorter lease tenures. In summary, this HDB unit not only reflects current market vigor but also embodies the long-term potential of residential investments in Jurong East.