4 Room (4A) HDB for Sale in 659A Punggol East

The valuation of the HDB 4-room apartment located in Punggol reflects a nuanced understanding of the current market dynamics, particularly in relation to its remaining lease of 90 years. Priced at an estimated value of $648,866, equating to $648 per square foot, this property is positioned within a competitive landscape, exhibiting a marginal market price variance of only 0.2% from the baseline. Such stability in pricing suggests a well-established demand for HDB units in this region, indicative of Punggol's ongoing development and appeal as a residential hub.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily based on a limited dataset comprising only one recent HDB resale transaction in the vicinity. This lack of robust transactional data underscores the necessity for potential buyers and investors to exercise caution when interpreting the valuation. The singular transaction may not fully encapsulate the broader market trends or fluctuations, and thus, further due diligence is recommended. As Punggol continues to evolve with infrastructural advancements and community amenities, the long-term lease remaining offers a strategic advantage for future property appreciation, making this HDB unit a compelling consideration in Singapore's dynamic real estate landscape.