Common Room (HDB) for Rent in 323A Sengkang East Way

In our latest valuation report, we present an in-depth analysis of a 2-room HDB unit located in the vibrant district of Sengkang, which boasts an impressive remaining lease of 75 years. The estimated value for this property stands at $83,372, translating to a competitive $834 per square foot (PSF). This valuation reflects a market price that is consistent with baseline expectations, indicating a 0% deviation, which suggests a stable demand and supply equilibrium in the current market landscape.

The model confidence for this valuation is classified as High, underpinned by an extensive review of 146 recent HDB resale transactions in the vicinity. This robust dataset not only reinforces the accuracy of our valuation but also highlights the prevailing market dynamics influencing property prices in Sengkang. As the HDB market continues to adapt to shifting economic conditions, the stability in pricing observed for this unit underscores the resilience of the Sengkang real estate market, particularly for properties with substantial remaining leases that cater to first-time buyers and young families seeking long-term housing solutions.