5-Room HDB for Room Rent: 649 Punggol Central

In the competitive landscape of Singapore's HDB market, the valuation of a 5-room HDB unit in Punggol, with a remaining lease of 76 years, presents a nuanced insight into current market dynamics. The estimated value of $146,321, translating to a price per square foot (PSF) of $665, indicates a stable pricing structure, reflecting a market price differential of 0% from the baseline. Such stability suggests a plateau in pricing trends, indicative of a balanced supply-demand equation within this particular locale.

However, the model confidence is categorized as low, primarily driven by the reliance on only one recent HDB resale transaction in the vicinity. This singular data point raises questions about the robustness of the valuation, as it may not fully encapsulate the variances typically seen in broader market movements. In the context of Punggol, a region often characterized by its evolving infrastructure and amenities, potential buyers and investors should carefully consider the implications of a 76-year lease, as it plays a critical role in long-term investment viability and future resale opportunities.