5 Room (5A) HDB for Rent in 244 Bukit Panjang Ring Road

The HDB 5-room property located in Bukit Panjang, with a remaining lease of 75 years, presents an estimated valuation of $636,764 or $485 PSF. This valuation aligns precisely with the current market price, indicating a 0% difference from the baseline, which suggests stability in the pricing dynamics of the area. The property’s valuation reflects the broader market conditions and the resilience of the HDB segment in Bukit Panjang, a region known for its appeal among families seeking spacious living accommodations.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This low confidence suggests that while the valuation is indicative of current market trends, fluctuations may occur as more data becomes available. Prospective buyers should remain vigilant about the evolving market dynamics, particularly in light of the long remaining lease, which enhances the property’s investment potential over time.