4-Room HDB for Room Rent: 308A Tengah Park Avenue, Singapore 693308

The HDB 4-room property located in Choa Chu Kang has been valued at an estimated price of $82,332 or $549 PSF. With a remaining lease of 97 years, this asset positions itself favorably in the evolving landscape of Singapore’s public housing market. The valuation reflects a market price that is consistent with the baseline, indicating a 0% difference from market expectations. This stability suggests a well-balanced demand and supply dynamic within the Choa Chu Kang region, which continues to be a sought-after locale for families and first-time buyers.

Our analysis is underpinned by a robust dataset, comprising 495 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to our model. The high model confidence rating underscores the reliability of the valuation, as it is supported by empirical market activity and demographic trends. With the remaining lease exceeding 90 years, this property not only benefits from long-term ownership potential but also aligns with buyer preferences for longevity in lease terms, further enhancing its market desirability.