Premium HDB for Sale in 664C Jurong West Street 64

The valuation of the HDB 5 Room unit in Jurong West, with a remaining lease of 71 years, stands at an estimated value of $740,150, translating to a price per square foot of $625. This valuation is notably positioned above the market baseline by approximately 20%, indicating a premium that reflects the strong demand for property in the Jurong West area. The elevated pricing is supported by recent resale transactions in the vicinity, which serve as a benchmark for the current market dynamics.

However, it is important to note that the model confidence associated with this valuation is categorized as low, suggesting that external factors may be influencing the market conditions. The Jurong West area has been undergoing significant development, with infrastructural improvements and amenities that enhance its appeal. Nevertheless, potential buyers and investors should exercise caution, given the limited confidence in the valuation model, which is based on only three recent transactions. As the market evolves, ongoing monitoring of lease dynamics and local economic indicators will be essential for informed decision-making.