3 Room (3I) HDB for Sale in 411 Pandan Gardens

The valuation of the HDB 3 Room unit located in Jurong East, with a remaining lease of 51 years, presents a compelling case within the current market dynamics. Priced at an estimated value of $266,315, translating to $334 PSF, this property exhibits a significant market signal, indicating a valuation that is approximately 49.4% above the baseline. Such a premium suggests a robust demand for HDB properties in this region, which may be influenced by ongoing urban developments and infrastructural enhancements that Jurong East continues to experience.

However, it is essential to note that the model confidence associated with this valuation is categorized as low, reflecting potential volatility in the market and the need for careful consideration by prospective buyers. This valuation is substantiated by an analysis of 7 recent HDB resale transactions within the vicinity, providing a foundation for comparative assessment. Investors and homeowners alike should evaluate the implications of the remaining lease period on their investment horizon, as properties with a shorter lease may face challenges in long-term value retention. As such, while the property presents an attractive entry point in a thriving locale, the dynamics of lease duration and market conditions warrant thorough deliberation.