4 Room (4A) HDB for Sale in 410B Fernvale Road

This valuation report focuses on a 4-room HDB property located in Sengkang, with a remaining lease of 84 years. The estimated value stands at $654,301, translating to a price per square foot (PSF) of $640. This valuation reflects a market price that is approximately 2.4% above the baseline, indicating a slight upward trend in the local real estate market. However, the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity.

The Sengkang area has demonstrated resilience in its property values, driven by ongoing urban development and infrastructure improvements. Nevertheless, the limited dataset for this valuation underscores the need for caution, as market dynamics can fluctuate based on broader economic conditions and supply-demand ratios. As the remaining lease of 84 years still provides a substantial window for potential homeowners, this property may appeal to those looking for a balance between longevity and affordability in one of Singapore's burgeoning residential hubs.