5 Room (5A) HDB for Sale in 849 Jurong West Street 81

The valuation of the HDB 5 Room unit in Jurong West, with a remaining lease of 67 years, stands at an estimated value of $643,236, translating to a price per square foot (PSF) of $443. This valuation places the property above the current market baseline, reflecting a notable premium of 5.7%. Such an indication suggests a robust demand for HDB properties in this locale, driven by various market dynamics including proximity to amenities and transportation links that enhance the area’s desirability.

The confidence in this model is classified as high, supported by a comprehensive analysis of 86 recent HDB resale transactions within the vicinity. This extensive dataset reinforces the reliability of the valuation, highlighting the competitive nature of the Jurong West market. As buyers increasingly focus on long-term lease sustainability, the remaining 67 years on this property’s lease adds a significant layer of value, appealing to both homebuyers and investors keen on securing a stable asset in a rapidly developing region.