4-Room HDB for Room Rent: 818A Choa Chu Kang Avenue 1

The valuation of the 4-room HDB unit located in Choa Chu Kang, with a remaining lease of 89 years, has been estimated at $103,013, translating to a price per square foot (PSF) of $687. This valuation indicates a stable market signal, reflecting a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market conditions. Such equilibrium can be indicative of a market that is neither overheated nor undervalued, providing a sound opportunity for potential buyers and investors.

However, it is crucial to note that the model confidence associated with this valuation is categorized as low, primarily due to the limited data set, with only one recent resale transaction in the vicinity serving as a reference point. This lack of comprehensive transaction data could introduce variability in the valuation, potentially impacting the reliability of market predictions. Investors should be vigilant and consider the broader economic indicators and local property trends in Choa Chu Kang, as well as the implications of the HDB lease duration on long-term investment potential.