5 Room (5I) HDB for Sale in 109D Edgedale Plains

The valuation of the HDB 5-room unit in Punggol, with a remaining lease of 74 years, stands at an estimated value of $681,049, translating to a price per square foot (PSF) of $575. This valuation reflects a modest market signal, with a 3.1% difference from the baseline price, suggesting an overall stable demand in this evolving neighborhood. Punggol, known for its waterfront living and burgeoning amenities, continues to attract families seeking both lifestyle and investment opportunities.

However, it is important to note that the model confidence for this valuation is classified as low, indicating potential volatility in the market dynamics. The estimate is derived from just three recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of the current market landscape. As the HDB lease approaches the mid-term mark, prospective buyers should consider the implications of lease decay on future resale value and the importance of evaluating both current and projected market conditions in Punggol.