5 Room (5I) HDB for Sale in 105C Edgefield Plains

The valuation of the HDB 5-room unit in Punggol, with a remaining lease of 74 years, stands at an estimated value of $732,419, translating to a price per square foot (PSF) of $619. This valuation represents a market signal indicating a 4.7% variance from the baseline, suggesting a moderate upward trend in local property pricing. Punggol, known for its family-friendly environment and developing infrastructure, continues to attract interest, which may be contributing to this valuation adjustment.

However, it is essential to note the low model confidence associated with this valuation, primarily derived from a limited dataset of just one recent resale transaction in the vicinity. Such constraints may affect the robustness of the pricing model, highlighting the need for caution in interpreting these figures. As the lease term remains a critical factor in HDB valuations, prospective buyers should weigh the implications of the 74-year lease against the evolving market dynamics and future development plans in Punggol.