4 Room (4A) HDB for Sale in 664A Jurong West Street 64

The valuation of the HDB 4 Room unit in Jurong West, with a remaining lease of 71 years, has been estimated at $648,711, translating to a price per square foot (PSF) of $663. This valuation reflects a market price that is 2.9% above the baseline, indicating a slight upward trend in demand for HDB properties in this region. Despite the positive market signal, it is important to note that the model confidence for this valuation is categorized as low, which suggests that there may be underlying factors or fluctuations that could impact the accuracy of this estimate.

The analysis is based on two recent resale transactions in the vicinity, which provides a limited data set for a comprehensive evaluation. In markets such as Jurong West, where the remaining lease plays a significant role in the property value, buyers are increasingly discerning about the longevity of the leasehold. As the remaining 71 years allows for substantial occupancy, this valuation captures the potential for long-term appreciation amidst the evolving dynamics of Singapore's real estate landscape. Observing these trends will be crucial for potential buyers and investors looking to navigate the competitive HDB market effectively.