2 Room (2A) HDB for Rent in 210C Punggol Place

The valuation of the HDB 2-room unit in Punggol, with a remaining lease of 87 years, stands at an estimated $399,615, translating to a price per square foot (PSF) of $807. This valuation reflects a market price that shows no significant deviation from the baseline, indicating a stable demand for HDB properties in this rapidly developing area. The consistency in pricing is supported by a well-rounded dataset, comprising 12 recent resale transactions within the vicinity, which lends a degree of reliability to this valuation.

In the context of Singapore's housing market, the longevity of the remaining lease is a critical factor that enhances the property’s appeal. With 87 years left, potential buyers are assured of a substantial period of ownership, which is particularly attractive in a market where long-term leasehold properties often command a premium. The medium confidence level of this valuation suggests that while the data is robust, market fluctuations and external economic factors could influence future pricing. Therefore, stakeholders should remain vigilant of evolving market dynamics that could impact the desirability and valuation of HDB units in Punggol.