3 Room (3A) HDB for Sale in 697B Jurong West Central 3

The valuation of the HDB 3-room unit in Jurong West, with an estimated value of $629,748 or $861 PSF, reflects a nuanced analysis of the current real estate landscape in the area. With a remaining lease of 89 years, this property holds a significant advantage in terms of long-term investment potential, particularly in a market where lease duration increasingly influences buyer sentiment and pricing dynamics.

Currently, the property exhibits a 4.9% deviation from the market price baseline, indicating a relatively stable yet competitive pricing environment. However, the model confidence for this valuation is categorized as low, suggesting that fluctuations in market demand and local economic conditions could impact the final transaction price. The analysis draws from two recent HDB resale transactions in the vicinity, underscoring the importance of localized data in property assessment. As such, potential buyers and investors should approach this opportunity with a keen understanding of both current market signals and the inherent risks associated with HDB leasehold properties in Singapore.