4-Room HDB for Room Rent: 472A Fernvale Street

The valuation of the HDB 4-room unit in Sengkang, with a remaining lease of 89 years, stands at an estimated value of $70,165, translating to a price per square foot (PSF) of $723. This valuation reflects the current market environment, showing a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this region. The absence of any deviation from baseline suggests that while the market remains steady, it may also imply limited upward price momentum in the short term.

Model confidence for this valuation is classified as low, a factor that should be carefully considered by prospective buyers and investors. This low confidence level arises from the limited dataset utilized for this analysis, which is based on only three recent HDB resale transactions in the vicinity. It highlights the necessity for potential stakeholders to conduct further due diligence and consider broader market trends and neighborhood dynamics, particularly in relation to remaining lease terms and their impact on long-term value appreciation.