5-Room HDB for Room Rent: 244A Tengah Central

This report presents a detailed analysis of the valuation for a 5-room HDB unit located in the vibrant estate of Choa Chu Kang. With a remaining lease of 98 years, this property is positioned well within the market, reflecting a robust estimated value of $97,640 or $542 PSF. The valuation indicates a market price that stands at a 0% difference from the baseline, suggesting that the property is accurately priced in alignment with current market trends.

The confidence in this valuation is classified as high, supported by a comprehensive analysis of 499 recent HDB resale transactions in the surrounding vicinity. This data points to a stable demand for HDB properties in Choa Chu Kang, indicative of the area's appeal to both first-time buyers and investors alike. The 98-year lease remaining on this unit enhances its attractiveness, providing prospective buyers with a long-term investment opportunity that aligns with Singapore's housing policies and demographic trends.