5 Room (5I) HDB for Rent in 291B Compassvale Street

In the vibrant district of Sengkang, the valuation of the HDB 5 Room unit presents a compelling case for potential buyers and investors alike. With an estimated value of $642,578, translating to a price per square foot (PSF) of $543, this property reflects a stable market position, showing a market price that is 0% different from the baseline. This stability suggests a balanced demand-supply dynamic, indicating that the property is fairly priced in the current market context.

However, it is crucial to note the remaining lease of 75 years, which can influence future resale potential and market attractiveness. As properties age, the lease duration becomes a pivotal factor in buyer sentiment and valuation trends. The model confidence for this valuation is presently categorized as low, derived from only one recent HDB resale transaction in the vicinity. This limited data set may affect the robustness of the valuation, emphasizing the need for potential buyers to conduct further due diligence. In essence, while the Sengkang HDB unit presents a worthwhile opportunity, market participants should remain vigilant to the evolving dynamics of leasehold properties in Singapore's real estate landscape.