5 Room (5I) HDB for Sale in 765 Jurong West Street 74

The valuation of the HDB 5 Room unit located in Jurong West, with a remaining lease of 68 years, reflects an estimated value of $656,653, translating to a price per square foot of $484. Notably, this valuation is positioned above the market benchmark, indicating a 5.8% premium compared to baseline estimates. Such a discrepancy suggests that the property may be appealing to buyers seeking ownership in a vibrant and developing area, which Jurong West certainly represents.

However, it is essential to approach this valuation with caution, as the model confidence is rated low due to reliance on only one recent resale transaction in the vicinity. This limited data point may not adequately capture the full spectrum of market dynamics influencing HDB values in the region. Investors and homeowners should consider the broader economic factors, demographic trends, and infrastructure developments that could impact future appreciation or depreciation of property values in Jurong West. With the ongoing urban initiatives in Singapore, there remains potential for growth, yet the limited transactional data underscores the need for careful analysis before making significant investment decisions.