5 Room (5I) HDB for Sale in 524 Woodlands Drive 14

The valuation of the HDB 5 Room unit in Woodlands, with a remaining lease of 71 years, stands at an estimated value of $697,680, translating to a price per square foot of $510. This valuation reflects a market signal indicating a negligible variance of 0.3% from the baseline price, suggesting stability in the local market dynamics. However, it is essential to note that the model confidence in this valuation is categorized as low, primarily due to the limited transactional data available.

With only one recent HDB resale transaction in the vicinity to support this valuation, the thin volume of sales may indicate a cautious market environment. Prospective buyers should consider the implications of the remaining lease term, as properties with longer leases tend to attract more interest and command higher valuations. The current economic climate, coupled with the unique characteristics of the Woodlands area, should be factored in when making informed decisions about future investments in this segment of the Singapore property market.