4-Room HDB for Room Rent: 240 Compassvale Walk

The valuation of the 4-room HDB unit located in Seng Kang, with a remaining lease of 71 years, currently stands at an estimated value of $80,230, equating to a price per square foot (PSF) of $617. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this segment. However, it is crucial to note that the model confidence for this valuation is categorized as low, which suggests a degree of uncertainty and variability in the market data.

With only one recent resale transaction in the vicinity serving as the basis for this valuation, the limited supply of comparable sales data may diminish the reliability of this estimate. The dynamics of the HDB market in Singapore, particularly in the Seng Kang area, are influenced by various factors including proximity to amenities, transport links, and the overall demand for public housing. As such, prospective buyers and investors should approach this valuation with caution, considering the implications of the remaining lease and the current market conditions.