4 Room (4A) HDB for Sale in 259B Punggol Field

The valuation of the HDB 4 Room property in Punggol, with an estimated value of $741,629, reflects the current market dynamics and leasehold characteristics intrinsic to the area. Priced at $741 per square foot, this property is positioned within a marginal 1.1% variance from the baseline market price, suggesting a relatively stable market condition. This minor fluctuation indicates that while the property remains competitive, it is not experiencing significant upward pressure in pricing, which could be indicative of broader market trends affecting buyer sentiment and demand.

With a remaining lease of 87 years, this property benefits from a substantial duration that appeals to both owner-occupiers and investors seeking long-term value appreciation. However, it is important to note that the model confidence associated with this valuation is categorized as low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to potential volatility in the estimated value, warranting careful consideration for prospective buyers. The local market dynamics, coupled with the lease tenure, will be crucial in shaping future price trajectories as Punggol continues to evolve as a residential hub.