Master Room (HDB) for Rent in 173B Punggol Field

The valuation of the 2-room HDB unit in Punggol, with a remaining lease of 75 years, stands at an estimated value of $204,180, translating to a price per square foot (PSF) of $817. This valuation reflects a market price that is currently in equilibrium, exhibiting no deviation from the baseline, indicative of a stable demand and supply dynamic within the Punggol residential sector. The high model confidence, derived from the analysis of 167 recent resale transactions in the vicinity, underscores the robustness of this valuation, affirming the reliability of the data and market trends influencing this segment.

Punggol has been a focal point of development in Singapore, characterized by its strategic location and an array of amenities that cater to the evolving needs of residents. The 75-year lease remaining on the property enhances its attractiveness, allowing potential buyers to enjoy a substantial period of ownership while being mindful of the long-term investment horizon. As the area continues to mature, the stability in pricing signals a favorable market environment for both buyers and sellers, reinforcing Punggol's position as a sought-after locale in the HDB landscape.