5 Room (5A) HDB for Sale in 664B Punggol Drive

The subject property, a HDB 5-room unit located in the vibrant estate of Punggol, presents a compelling valuation of $820,722 or $693 PSF. With a remaining lease of 89 years, this unit is positioned within a dynamic market characterized by significant ongoing development and infrastructural enhancements. The estimated value reflects a notable premium, being 9.7% above the baseline, which signals robust demand amidst the evolving landscape of Punggol.

However, it is essential to approach this valuation with a degree of caution, as the model confidence is categorized as low. This conclusion is drawn from a limited dataset, relying on only three recent HDB resale transactions in the vicinity. Given the intricate nature of the HDB market, which is influenced by factors such as lease duration, surrounding amenities, and overall market sentiment, this valuation may warrant further scrutiny and additional data points to enhance accuracy. The current property landscape in Punggol, with its ongoing developments, presents both opportunities and challenges, making it crucial for potential buyers to consider broader market trends and individual property characteristics before proceeding.