5 Room (5I) HDB for Sale in 484C Choa Chu Kang Avenue 5

The valuation of the HDB 5 Room property in Choa Chu Kang, with a remaining lease of 70 years, reflects a calculated estimate of $645,831, translating to $513 PSF. This valuation is situated within a competitive market landscape, showing a marginal 0.6% deviation from the baseline market price. Such a slight variance indicates a stable demand for HDB properties in the region, suggesting that buyers are willing to meet the current asking price, albeit with cautious optimism due to the lower confidence level indicated in this model.

It is essential to note that the model confidence is classified as low, primarily due to reliance on only two recent HDB resale transactions in the vicinity. This limited dataset may not fully encapsulate broader market dynamics or potential fluctuations in buyer sentiment. Nevertheless, the enduring appeal of Choa Chu Kang, coupled with the property’s substantial remaining lease, positions it favorably for long-term investment. As such, stakeholders should closely monitor market trends and transaction volumes in the area to gauge potential shifts in value and demand.