4 Room (4A) HDB for Sale in 931 Jurong West Street 92

The valuation of this HDB 4 Room unit in Jurong West, with a remaining lease of 61 years, stands at an estimated value of $453,303 or $409 PSF. This valuation is positioned above market, reflecting a significant premium of 14.7% over the baseline assessment. Such a valuation indicates a robust demand for properties within this region, supported by a comprehensive analysis of 116 recent HDB resale transactions in the vicinity. The model confidence in this valuation is categorized as high, reinforcing the reliability of the data and trends observed in the local market.

Jurong West has been witnessing positive market dynamics, characterized by a sustained interest from buyers, likely driven by its strategic location and proximity to key amenities and infrastructure developments. The remaining lease of 61 years also plays a crucial role in influencing buyer sentiment and perceived value, as properties with longer leases typically command higher prices. As the market continues to evolve, this property exemplifies the potential for appreciation, making it an attractive prospect for both homebuyers and investors alike.