4 Room (4A) HDB for Sale in 617 Jurong West Street 65

The valuation for the HDB 4-room unit in Jurong West, with a remaining lease of 72 years, has been estimated at $555,354, translating to approximately $607 per square foot (PSF). This valuation reflects a market price that shows a modest 1% difference from the baseline, suggesting a stable yet competitive environment for HDB properties in this region. The low confidence level of the model indicates that while recent data has been incorporated, fluctuations in the market could influence the final valuation significantly.

Analysis of recent resale transactions in the vicinity reveals that the local market dynamics are underpinned by a growing demand for affordable housing options, particularly among families seeking larger units. The remaining lease of 72 years is a crucial factor, as potential buyers are increasingly cautious about leasehold properties, often favoring those with longer remaining tenures. Given the low model confidence and limited transaction data—only two recent sales—investors should approach this valuation with a discerning perspective, considering both current market trends and future developments in Jurong West that may impact property desirability.