5 Room (5I) HDB for Rent in 692B Choa Chu Kang Crescent

The valuation of the HDB 5 Room in Choa Chu Kang, with a remaining lease of 75 years, stands at an estimated value of $634,725, translating to a price per square foot (PSF) of $536. This valuation reflects a market price that remains consistent with the baseline, indicating a 0% difference from prevailing market trends. Such stability in pricing suggests that the property is positioned well within the current market dynamics, appealing to homebuyers who value affordability alongside a reasonable lease term.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which may be attributed to the limited dataset derived from only three recent HDB resale transactions in the vicinity. This limited data pool may not fully capture the nuances of the local market or the specific attributes that could influence the property’s value over time. As the market evolves, prospective buyers and investors should remain vigilant and consider broader economic factors, neighborhood developments, and potential shifts in demand that could impact future valuations in Choa Chu Kang.