3 Room (3A) HDB for Sale in 485 Jurong West Avenue 1

The valuation of the HDB 3-room unit in Jurong West, with a remaining lease of 56 years, positions it at an estimated value of $334,231, translating to a price per square foot (PSF) of $426. This valuation is notably above the market baseline by 33.1%, suggesting a strong premium associated with this property. Such a significant difference indicates heightened demand or unique characteristics of the unit that may not be fully captured by conventional market metrics.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a single recent resale transaction in the vicinity. This limited data can lead to volatility in the valuation framework, making it essential for potential buyers and investors to approach with caution. The dynamics within the Jurong West area, including ongoing developments and amenities, could play a pivotal role in influencing future market trends and lease viability, particularly as the remaining lease approaches the critical juncture of 50 years.