4 Room (4A) HDB for Sale in 408 Choa Chu Kang Avenue 3

The HDB 4-room property located in Choa Chu Kang, with a remaining lease of 63 years, presents an estimated value of $558,965, translating to a price per square foot (PSF) of $500. This valuation is notably above the market baseline by 10.9%, suggesting a premium positioning amidst current market dynamics. It is essential to recognize that the valuation is based on a limited dataset, with only one recent HDB resale transaction in the vicinity, which contributes to a low model confidence level. This scarcity of data highlights the need for cautious interpretation of the valuation.

Given the remaining lease of 63 years, potential buyers and investors may have varied perspectives on the desirability of this property. While the extended lease period is generally advantageous, the elevated valuation signals that market conditions may not fully align with the property’s pricing, particularly in a landscape sensitive to economic fluctuations and buyer sentiment. As such, stakeholders are encouraged to consider broader market trends and comparable transactions to gauge the sustainability of this premium valuation in the context of Choa Chu Kang's evolving real estate market.