4-Room HDB for Room Rent: 659C Punggol East

The valuation of the HDB 4 Room unit in Punggol, with a remaining lease of 90 years, is estimated at $122,784, translating to a robust $722 per square foot (PSF). This valuation reflects a stable market position, with a calculated market price that shows a 0% difference from the baseline. Such stability suggests a well-balanced demand and supply dynamic within the Punggol area, making it an attractive proposition for potential buyers and investors alike.

Market confidence in this valuation is underscored by a high model confidence rating, derived from a comprehensive analysis of 500 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the reliability of the estimated value but also indicates a healthy interest in HDB properties within this locale, characterized by a favorable lease duration. As the remaining lease extends to 90 years, it provides prospective owners with a significant timeframe to capitalize on the property’s value appreciation, positioning this unit as a sound investment in the burgeoning Punggol district.