5 Room (5A) HDB for Sale in 178 Edgefield Plains

The valuation of the HDB 5-room property in Punggol, with a remaining lease of 76 years, stands at an estimated value of $696,126, translating to a price per square foot (PSF) of $588. This valuation positions the property as a compelling opportunity within the current market landscape, reflecting an 8.3% difference from the baseline, thus categorizing it as a "Good Deal." Such a differential indicates positive market dynamics, suggesting a potential for value appreciation in the near term, especially given Punggol's ongoing urban development and infrastructural enhancements.

However, it is crucial to note that the model confidence is low, stemming from a limited dataset with only one recent HDB resale transaction in the vicinity. This scarcity of comparable sales introduces a degree of uncertainty into the valuation process, highlighting the need for cautious optimism. Investors should consider the implications of market dynamics, including the long-term viability of the remaining lease and the evolving demand for residential properties in Punggol. As Singapore continues to prioritize sustainable living and community-centric development, properties in this locale may present unique opportunities for discerning buyers.