4 Room (4A) HDB for Rent in 673 Choa Chu Kang Crescent

The valuation of the HDB 4-room unit in Choa Chu Kang, with a remaining lease of 75 years, stands at an estimated value of $527,029, translating to a price per square foot (PSF) of $527. This valuation reflects a market price that is consistent with the baseline, indicating a neutral market signal. Such stability may suggest a balanced demand and supply scenario within this locality, as evidenced by the recent resale transactions that have informed this valuation.

However, the model confidence for this valuation is categorized as low, which necessitates a cautious approach in interpreting these figures. The reliance on only two recent HDB resale transactions in the vicinity may not adequately capture the broader market dynamics, which can be influenced by various factors including economic conditions, buyer sentiment, and demographic trends. As such, while the valuation provides a snapshot of current market conditions, prospective buyers and investors should consider additional data and trends to fully understand the potential value trajectory of this property, particularly given the 75-year remaining lease which may impact future resale opportunities.