5 Room (5I) HDB for Rent in 485 Choa Chu Kang Avenue 5

The valuation of the HDB 5-room flat in Choa Chu Kang, with a remaining lease of 70 years, stands at an estimated value of $619,136, translating to $496 PSF. This pricing indicates a stable market condition, as evidenced by the 0% difference from the baseline market price. Such equilibrium suggests that the property is strategically positioned within the current market landscape, reflecting both demand and supply dynamics in this well-regarded residential area.

The model confidence for this valuation is categorized as high, bolstered by a comprehensive analysis of 192 recent HDB resale transactions within the vicinity. This robust dataset provides a reliable foundation for assessing market trends and pricing benchmarks, ensuring that potential buyers and investors are making informed decisions. It is essential to recognize that properties with a remaining lease of 70 years can still offer significant value, particularly in a vibrant district like Choa Chu Kang, which is known for its community amenities and accessibility. As such, this HDB flat represents not just a residence, but a strategic investment opportunity within Singapore's evolving real estate market.