Premium HDB for Sale in 690 Jurong West Central 1

The valuation of the HDB 5-room unit in Jurong West, pegged at an estimated value of $778,341 or $608 PSF, reflects the current market dynamics within this region. With a remaining lease of 75 years, this property offers a substantial duration for potential homeowners, contributing positively to its attractiveness. However, the model confidence is rated as low, primarily due to the limited data pool, relying on only one recent resale transaction in the vicinity. This underscores the necessity for cautious appraisal in navigating the local property landscape.

The slight market price difference of 1.1% from the baseline indicates a relatively stable valuation trend, albeit one that may be influenced by broader economic factors and the unique characteristics of the Jurong West district. Potential buyers should consider that the low model confidence suggests volatility might be a factor in future resale opportunities. Furthermore, as the HDB market continues to evolve, understanding lease tenure, neighborhood development, and market sentiment will be crucial in making informed investment decisions.