4 Room (4NG) HDB for Rent in 627 Choa Chu Kang Street 62

The valuation of the 4-room HDB unit located in Choa Chu Kang, with a remaining lease of 75 years, stands at an estimated value of $598,323, translating to $598 PSF. This assessment reflects a market price that is consistent with the baseline, indicating a 0% difference. Such stability in pricing suggests that the property is valued appropriately in line with current market conditions, especially considering the area's residential demand.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data set derived from only one recent HDB resale transaction in the vicinity. This lack of robust transaction evidence may imply potential volatility in market trends, which could impact future valuations. As the remaining lease period stands at 75 years, potential buyers should remain cognizant of the implications of lease decay on long-term investment value. Overall, while the current valuation reflects a stable market signal, ongoing monitoring of local market dynamics and transaction volumes will be crucial for assessing future price movements in this segment.