4-Room HDB for Room Rent: 103B Edgefield Plains

The valuation of the 4-room HDB unit in Punggol, with an estimated value of $75,846 or $632 per square foot, reflects a stable market signal, indicating no deviation from the baseline price. With a remaining lease of 73 years, this property is positioned favorably within the Singapore HDB landscape, as it retains a significant lease term that appeals to both buyers and investors alike. The longevity of the lease contributes to the property’s attractiveness, ensuring that it remains a viable option for families seeking long-term residency in a rapidly developing district.

Our analysis is grounded in robust data, drawing from 37 recent resale transactions in the vicinity, which bolster our confidence in the valuation model, rated as high. The consistency in market pricing, coupled with the current demand dynamics in Punggol, suggests that this property is well-aligned with buyer expectations. As the area continues to evolve with ongoing infrastructural developments, the potential for appreciation in property values remains a compelling consideration for prospective homeowners and investors looking to capitalize on the burgeoning real estate market in Singapore.