5 Room (5A) HDB for Sale in 651 Punggol Central

The valuation of the HDB 5-room unit in Punggol, with a remaining lease of 76 years, has been estimated at $695,423, translating to a price per square foot (PSF) of $587. This valuation positions the property above the current market baseline, reflecting a notable 9.3% premium. Such an upward deviation from market norms suggests a robust demand for HDB units in this burgeoning district, which continues to attract families and young professionals seeking affordable yet spacious living options.

Our model confidence in this valuation is classified as high, bolstered by comprehensive analysis of 230 recent HDB resale transactions within the vicinity. This extensive dataset provides a solid foundation for understanding local market dynamics. The Punggol area, known for its strategic developments and community amenities, is becoming increasingly desirable, further influencing the valuation and market appeal of this property. Investors and homeowners alike should consider the implications of the remaining lease and the ongoing growth trajectory of Punggol as key factors in their decision-making process.