4 Room (4NG) HDB for Rent in 204D Punggol Field

The valuation of the HDB 4-room unit in Punggol, with a remaining lease of 75 years, stands at an estimated value of $734,543, translating to $734 PSF. This valuation is grounded in a comprehensive analysis of recent market trends, particularly informed by 500 resale transactions within the vicinity, which provide a robust data set for comparative analysis. The model confidence is assessed as high, indicating that the estimated value is not only reliable but also reflective of the current market dynamics.

Notably, the market price reflects a 0% difference from the baseline, suggesting that the property is competitively priced in line with prevailing market conditions. This stability in pricing can be attributed to Punggol's ongoing development and its appeal as a desirable residential area, characterized by modern amenities and proximity to essential services. The remaining lease of 75 years further enhances the investment potential of this property, as it allows for considerable time for appreciation in value, making it an attractive option for both homeowners and investors alike.