4-Room HDB for Room Rent: 317B Tengah Road

The valuation of the HDB 4 Room unit in Choa Chu Kang, with a remaining lease of 97 years, stands at an estimated value of $71,155, translating to a competitive $547 per square foot (PSF). This valuation reflects a stable market position, indicating that the property is currently aligned with the baseline market price, showcasing a 0% difference. Such stability in pricing suggests a balanced demand and supply dynamic in the Choa Chu Kang area, which has seen significant interest from both first-time buyers and investors.

Our analysis is underpinned by a robust dataset of 493 recent HDB resale transactions in the vicinity, providing a strong foundation for our estimation. The high model confidence rating reinforces the reliability of this valuation, as it reflects consistent market trends and buyer sentiment in the region. As the remaining lease extends to nearly a century, this property offers potential homebuyers not only a dwelling but also a long-term investment opportunity, particularly appealing in a market where lease tenure continues to be a critical factor influencing buyer decisions.