4 Room (4A) HDB for Sale in 613A Punggol Drive

The valuation of the HDB 4-room unit in Punggol, with a remaining lease of 84 years, stands at an estimated value of $737,496, translating to $737 per square foot. This valuation underscores the robust demand for HDB properties in this rapidly developing precinct, which is characterized by its appealing waterfront lifestyle and comprehensive amenities. The slight market price deviation of 1.7% from the baseline indicates a stable market environment, reflecting the resilience of the Punggol district amidst broader economic fluctuations.

Our analysis, grounded in data derived from 500 recent HDB resale transactions in the vicinity, reveals a high model confidence level, suggesting a reliable indicator of current market trends. The sustained interest in Punggol not only stems from its infrastructural advancements but also from its strategic location, which continues to attract families and young professionals alike. As the remaining lease approaches the mid-80s, potential buyers can expect a balance of longevity in tenure and market viability, making this property a sound investment in the context of Singapore’s evolving real estate landscape.