Premium HDB for Sale in 692 Jurong West Central 1

The HDB 5-room property located in Jurong West presents a compelling investment opportunity with a current estimated value of $558,684, translating to a robust $490 per square foot (PSF). With a remaining lease of 69 years, this property is positioned favorably within the market, reflecting a premium valuation that is 21.7% above the baseline. Such a significant deviation from the standard market rate indicates strong demand and potential for future appreciation in this vibrant residential area.

Our analysis, grounded in data from 110 recent HDB resale transactions in the vicinity, showcases a high model confidence level, affirming the soundness of this valuation. The elevated market signal suggests that buyers are willing to invest above the average price points, likely driven by Jurong West's strategic development plans and its appeal as a family-oriented neighborhood. The remaining lease of 69 years further enhances its attractiveness, providing ample living duration for both owner-occupiers and investors. As the region continues to evolve, this property stands as a testament to the dynamic nature of Singapore's real estate landscape.