4 Room (4A) HDB for Rent in 438B Sengkang West Avenue

The valuation of the HDB 4-room unit in Sengkang, with a remaining lease of 84 years, is currently estimated at $682,624, translating to a price per square foot (PSF) of $675. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable market condition without significant upward or downward pressure. The property’s positioning within the Sengkang area, known for its family-friendly amenities and connectivity, contributes positively to its value despite the low confidence level in the model due to limited transactional data.

It is essential to acknowledge that the model confidence is categorized as low, primarily based on just one recent HDB resale transaction in the vicinity. This scarcity of comparable transactions highlights a potential volatility in the market dynamics of the area, suggesting that buyers and investors might exercise caution. Furthermore, with the remaining lease of 84 years, the property still holds considerable value; however, prospective owners should remain aware of the implications of leasehold tenures in Singapore's unique real estate landscape. The interplay of demand, lease duration, and the broader economic environment will play critical roles in shaping future valuations for this property type.