4 Room (4A) HDB for Rent in 288 Choa Chu Kang Avenue 3

The valuation of the 4-room HDB unit located in Choa Chu Kang, with a remaining lease of 63 years, stands at an estimated value of $580,786, translating to a price per square foot (PSF) of $473. This figure reflects a market signal indicating no deviation from the prevailing baseline, suggesting that the property is currently aligned with the broader market trends in the area. Such stability may appeal to potential buyers looking for a sound investment in a well-established residential enclave.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may introduce variability in the valuation, underscoring the importance of conducting further market analysis and monitoring future price movements. As the remaining lease diminishes over time, prospective buyers should remain cognizant of the implications this may have on the property’s long-term value and marketability, particularly in a competitive landscape where leasehold dynamics can significantly influence buyer sentiment.