3 Room HDB for Sale in 504 Jurong West Street 51

The valuation of the HDB 3-room property in Jurong West, estimated at $409,687 or $433 PSF, signals a notable upward trend in the local real estate market. With a remaining lease of 59 years, this property is positioned in a sector that has shown resilience despite broader market fluctuations. The valuation reflects a premium, being approximately 17.2% above the baseline market rate, indicating strong demand for such properties in this area.

However, it is essential to approach this valuation with caution, given the low confidence level associated with the model. This assessment is based on only three recent HDB resale transactions within the vicinity, suggesting that while the demand appears robust, the data set is limited. Investors and prospective buyers should consider the implications of the remaining lease period and the overall market dynamics before making a decision. The Jurong West area continues to evolve, and these factors may play a significant role in the long-term value retention of this property.