3 Room (3A) HDB for Sale in 517 Jurong West Street 52

The valuation of the HDB 3 Room unit in Jurong West, with a remaining lease of 56 years, has been estimated at $394,717, translating to a price per square foot (PSF) of $476. This valuation is notably positioned 32.2% above the market baseline, indicating a premium perception of the property within the current real estate landscape. Such a significant markup suggests a potential demand-driven dynamic, particularly in a locale like Jurong West, which has been experiencing revitalization and infrastructural developments that often bolster property values.

However, the model's confidence in this estimation is rated as low, a factor that should be carefully considered by potential buyers and investors. This low confidence stems from a limited dataset of just two recent HDB resale transactions in the vicinity, which may not fully capture the broader market trends or the specific nuances of this property type. As the remaining lease length is also a critical aspect influencing value, buyers must weigh the long-term implications of a 56-year lease against the prevailing market signals. In conclusion, while this HDB unit commands a high valuation relative to its peers, the underlying market dynamics warrant a thorough due diligence process before any investment decisions are made.