5 Room (5A) HDB for Sale in 309 Jurong East Street 32

The valuation of the HDB 5-room unit in Jurong East, with a remaining lease of 56 years, stands at an estimated value of $533,372, translating to a price per square foot (PSF) of $365. This valuation indicates a significant premium over the market baseline, reflecting a 50% difference. Such a substantial deviation suggests that the property is currently positioned above the market average, which may be attributed to specific local demand factors or unique property characteristics that appeal to potential buyers.

However, it is essential to note that the model's confidence in this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity to support this estimate. This scarcity of transactional data raises questions about market stability and pricing accuracy. As the remaining lease approaches the mid-point, prospective buyers should consider the implications of lease duration on long-term investment viability. The dynamics of the Jurong East area, coupled with the remaining lease tenure, will play a critical role in shaping future price movements and investment attractiveness.