2 Room (2A) HDB for Sale in 659C Punggol East

The valuation of the HDB 2-room unit in Punggol, with a remaining lease of 90 years, stands at an estimated value of $352,422 (or $862 PSF). This valuation reflects a market signal indicating a 3.8% difference from the baseline, suggesting a moderately active market for similar properties in the vicinity. Punggol, known for its family-friendly environment and evolving infrastructure, continues to attract young families and first-time buyers, which can positively influence demand and price stability in the long term.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only three recent HDB resale transactions in the area. This scarcity of comparable sales may indicate fluctuations in buyer sentiment and market activity, which can impact future resale values. Investors and potential homebuyers should be mindful of these dynamics, particularly in a market that is still recovering from the effects of the pandemic, as well as the ongoing developments in Punggol that may affect property desirability and rental yields in the coming years.