4-Room HDB for Room Rent: 483 Choa Chu Kang Avenue 5

The valuation of the HDB 4 Room property located in Choa Chu Kang, with a remaining lease of 70 years, stands at an estimated value of $55,966, which translates to $523 PSF. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests a balance between supply and demand within the local real estate market, particularly in a region that has witnessed significant development and infrastructure improvements over recent years.

With a model confidence rating categorized as High, this valuation is supported by a robust analysis of 495 recent HDB resale transactions in the vicinity. The strong transactional data reinforces the credibility of the estimated value, highlighting the property’s competitive positioning within a desirable neighborhood. The remaining lease of 70 years is considered favorable in the HDB market, as it provides ample time for potential homeowners and investors to capitalize on the long-term appreciation of property value in this burgeoning area.