Common Room (HDB) for Rent in 458A Sengkang West Road

The HDB 2-room property located in Sengkang, with a remaining lease of 92 years, presents a compelling investment opportunity, evidenced by its estimated value of $8,221, translating to a price per square foot (PSF) of $822. This valuation reflects a market equilibrium, with a 0% difference from the baseline, indicating a stable pricing environment in the current HDB resale market. Such stability is particularly significant given the dynamic nature of property values in Singapore, where demand and supply fluctuations can greatly influence pricing.

Our analysis, grounded in a robust dataset of 101 recent HDB resale transactions in the vicinity, demonstrates a high model confidence in this valuation. The consistent demand for HDB properties in Sengkang, driven by its attractive amenities and connectivity, contributes to a favorable market sentiment. The long remaining lease of 92 years further enhances the property’s appeal, as it provides prospective buyers with a considerable tenure to leverage their investment. Overall, this valuation not only underscores the resilience of the HDB market in Sengkang but also reflects broader trends within the residential property sector in Singapore.