4 Room (4A) HDB for Sale in 613C Punggol Drive

This report presents an analytical overview of a HDB 4-room property located in the rapidly developing district of Punggol, with a remaining lease of 85 years. The estimated value stands at $737,761, translating to a price per square foot of $737. The valuation process reveals a market price that reflects a modest 2.7% difference from the baseline, indicating a stable yet slightly competitive market environment in this area.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a singular recent HDB resale transaction in the vicinity. Such limited data points may not adequately capture the prevailing market dynamics, particularly in a neighborhood like Punggol, which is known for its ongoing urban development and evolving demographic trends. Investors and potential buyers should consider these market signals carefully, as the interplay between remaining lease duration and market activity plays a significant role in influencing property value in Singapore's HDB landscape.