5 Room (5I) HDB for Sale in 517E Jurong West Street 52

The HDB 5-room property located in Jurong West, with a remaining lease of 71 years, has been assessed at an estimated value of $694,727, translating to a price per square foot (PSF) of $556. This valuation positions the property significantly above the market baseline, reflecting a substantial premium of 29.3%. Such a divergence from the baseline is indicative of robust demand dynamics in the Jurong West area, which has historically been a vibrant hub for both families and young professionals seeking affordable housing options in proximity to essential amenities and transport links.

This valuation is supported by a comprehensive analysis of 220 recent HDB resale transactions within the vicinity, ensuring a high level of model confidence. The strong demand for HDB units in Jurong West can be attributed to several factors, including the area's ongoing development projects, enhanced connectivity with new MRT lines, and the overall appeal of living in a well-established residential neighborhood. As the market continues to evolve, properties like this 5-room HDB are likely to remain attractive investments, particularly for those recognizing the long-term appreciation potential in Singapore’s evolving real estate landscape.