5 Room (5I) HDB for Rent in 896B Woodlands Drive 50

The valuation of this HDB 5 Room property located in Woodlands, with a remaining lease of 68 years, stands at an estimated value of $626,642, translating to a price per square foot of $493 PSF. This valuation reflects the current market conditions, with a market price showing a 0% difference from the baseline. The negligible variance from the baseline suggests a stabilization in property values within the Woodlands area, indicative of a balanced market devoid of significant upward or downward pressure.

However, it is important to note that the model confidence for this valuation is categorized as low, based on only two recent HDB resale transactions in the vicinity. This limited data set raises questions about the robustness of the valuation, suggesting that potential buyers and investors should proceed with caution. The dynamics of the HDB lease, particularly with 68 years remaining, could also play a crucial role in future market performance, as properties with shorter leases often face depreciation in value. As such, stakeholders are advised to closely monitor evolving market trends and transaction volumes in Woodlands to better gauge future valuation trajectories.