4 Room (4A) HDB for Sale in 488C Choa Chu Kang Avenue 5

This valuation report assesses a 4-room HDB property located in Choa Chu Kang, with a remaining lease of 88 years. The estimated value stands at $585,870, translating to a valuation of $585 PSF. This valuation reflects a modest market price variation of 2.4% from the baseline, suggesting a competitive positioning within the local real estate landscape.

However, it is important to note that the model confidence for this valuation is currently categorized as low, primarily due to the limited data available, with only one recent HDB resale transaction in the vicinity to inform this estimate. Such a low confidence level necessitates cautious interpretation, as it may indicate potential volatility in market dynamics. As the remaining lease period extends to 88 years, buyers may weigh the implications of lease duration against the potential for future capital appreciation, highlighting the critical need for comprehensive due diligence in a rapidly evolving property market.