4-Room HDB for Room Rent: 178 Edgefield Plains

The valuation of the HDB 4 Room unit in Punggol reflects a strategic positioning within a vibrant and evolving residential landscape. With a remaining lease of 76 years, this property is estimated at $63,979, equating to a price per square foot (PSF) of $640. This valuation underscores a stable market condition, evidenced by the market price reflecting a 0% difference from the baseline. Such equilibrium suggests a robust demand for HDB properties in the Punggol region, which is known for its family-friendly amenities and increasing connectivity.

Our analysis is grounded in recent market activity, drawing insights from 50 recent HDB resale transactions in the vicinity, which enhances the model's confidence level to high. The consistency of the pricing indicates a solid market sentiment, where buyers are willing to pay a premium for properties that offer not only modern living spaces but also the promise of long-term value retention associated with remaining lease periods. As the Punggol area continues to develop, it is poised to attract both homeowners and investors alike, further solidifying its appeal in Singapore’s dynamic real estate sector.