4 Room (4NG) HDB for Sale in 209B Punggol Place

In the vibrant locale of Punggol, this HDB 4 Room unit, boasting a remaining lease of 87 years, is currently estimated at a value of $703,085, translating to $710 PSF. This valuation reflects a nuanced understanding of the local market dynamics, particularly in light of recent trends in the HDB resale sector. The property is positioned within a burgeoning residential area, indicative of the broader growth trajectory of Punggol as a desirable living environment.

With a market price that shows a 2.1% difference from the established baseline, the valuation suggests a stable demand amidst a fluctuating economic landscape. However, it is important to note that the model confidence is categorized as low, signifying potential volatility influenced by external factors such as policy changes, economic conditions, and buyer sentiment. The analysis is supported by data drawn from three recent HDB resale transactions in the vicinity, which further underpins the valuation while highlighting the intricate balance of supply and demand in this evolving market.