4 Room (4A) HDB for Sale in 173B Punggol Field

The valuation of the HDB 4 Room unit in Punggol, with a remaining lease of 74 years, has been estimated at $655,735, equating to a price per square foot (PSF) of $677. This valuation reflects a nuanced understanding of the current market dynamics, particularly in a region characterized by rapid development and evolving demand patterns. The 2.7% variation from the baseline market price signals a relatively stable position within the local real estate landscape, suggesting that the unit holds competitive value in comparison to similar properties.

However, it is crucial to note that the model confidence for this valuation is rated as low, primarily due to the reliance on a single recent resale transaction in the vicinity. This lack of robust transactional data may indicate fluctuations in buyer sentiment and price stability, particularly in light of the unit's remaining lease duration. As potential buyers weigh the implications of a 74-year lease, their considerations may include long-term investment value and potential appreciation. Market dynamics in Punggol, influenced by ongoing urban development and infrastructural enhancements, will play a significant role in shaping future valuation trends.