3 Room (3A) HDB for Sale in 57 Teban Gardens Road

The valuation of the 3-room HDB property located in Jurong East, with a remaining lease of 89 years, stands at an estimated value of $508,748, translating to a price per square foot (PSF) of $706. This valuation indicates a market signal that is notably above baseline, exhibiting a 14% premium over comparable properties in the area. Such a significant deviation from the market norm suggests a strong demand for HDB units in this locality, likely driven by Jurong East's evolving infrastructure and proximity to key amenities.

With model confidence assessed as medium, the valuation is grounded in recent data derived from 12 HDB resale transactions within the vicinity. The sustained interest in Jurong East, a region poised for growth with ongoing urban development and enhancements in public transportation, underpins this valuation. As potential buyers weigh the long-term benefits of a property with an 89-year lease, the appeal of this investment becomes clear, highlighting the potential for capital appreciation in a dynamic market environment.