5 Room (5I) HDB for Rent in 204B Compassvale Drive

In the current real estate landscape of Singapore, the HDB 5 Room unit in Sengkang, with a remaining lease of 76 years, presents an intriguing investment opportunity. Valued at approximately $766,806, translating to $642 per square foot, this property is positioned at a market equilibrium, registering a 0% difference from the baseline price. This stability suggests that the unit is competitively priced within the local market landscape, reflecting a balanced supply-demand dynamic.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to limited data points, with only two recent HDB resale transactions in the vicinity serving as reference points. As prospective buyers evaluate this property, they should consider the implications of the remaining lease term on long-term value retention and potential appreciation. The 76-year lease provides a substantial timeframe for ownership, yet it is essential to remain cognizant of market trends and demographic shifts that could influence future resale values.