4-Room HDB for Room Rent: 104A Edgefield Plains

The valuation analysis for the 4-room HDB unit located in Punggol reveals an estimated market value of $73,752, translating to a price per square foot of $738 PSF. This valuation reflects a meticulously assessed market condition, aligning precisely with the baseline, indicating a 0% deviation from current market rates. Such stability in pricing can be attributed to the broader trends observed in the HDB resale market, particularly within this region where demand remains robust.

With a remaining lease of 74 years, this property sits within a critical period of depreciation, yet it remains attractive to potential buyers who consider the longevity of tenure as a pivotal factor in their purchasing decisions. The model's high confidence level, bolstered by data from 500 recent HDB resale transactions in the vicinity, underscores the strength of market fundamentals in Punggol. As the area continues to develop and attract residents, the interplay of lease duration and market demand will likely sustain the property's value, making it a worthy consideration for both investors and homeowners alike.