5 Room (5A) HDB for Rent in 648 Punggol Central

The valuation of the HDB 5-room unit in Punggol, with a remaining lease of 78 years, stands at an estimated value of $734,354, translating to a price per square foot (PSF) of $621. This valuation reflects a market signal showing no deviation from the baseline price, indicating a stable demand within the region. The absence of a price differential suggests that the property is currently aligned with prevailing market trends, potentially appealing to both first-time buyers and investors who prioritize long-term leasehold properties.

However, it is essential to consider the model confidence in this valuation, which is classified as low, primarily due to the limited dataset available for analysis, with only two recent HDB resale transactions in the vicinity. Such a restricted data pool may not comprehensively capture the nuances of market dynamics in Punggol. Nevertheless, the area's robust infrastructure and ongoing developments contribute positively to its attractiveness, which may enhance the property’s value over time, especially given the significant remaining lease duration.