4 Room (4A) HDB for Sale in 623C Punggol Central

In the dynamic landscape of Singapore's real estate, this HDB 4-room unit in Punggol stands out with a remaining lease of 85 years and a current estimated value of $687,875, translating to approximately $680 per square foot. This valuation reflects a market price that is 4.2% above the baseline, indicating a slight upward trend in pricing within the area. Such a premium could suggest a growing demand for Punggol's residential properties, driven by its strategic location and ongoing development initiatives.

However, it is crucial to note that the model confidence for this valuation is low, primarily based on a limited dataset, with only one recent HDB resale transaction in the vicinity informing this analysis. This scarcity of transactional data may lead to volatility in price assessments and could impact the reliability of the valuation over time. As the market evolves, the interplay between the remaining lease and the area's attractiveness will be pivotal in determining the future trajectory of property values in Punggol.