2 Room (2A) HDB for Sale in 443B Fernvale Road

This valuation report presents a comprehensive analysis of a 2-room HDB property located in the vibrant Sengkang area, which boasts a remaining lease of 83 years. The estimated value of the unit stands at $387,987, translating to a price per square foot (PSF) of $767. This valuation is indicative of the current market dynamics and reflects a 2.8% difference from the baseline market price, suggesting a modest appreciation in value.

However, it is essential to note that the model confidence for this estimation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to fluctuations in market sentiment and pricing, underscoring the importance of considering broader market trends and economic factors that influence the real estate landscape in Singapore. Investors and homeowners alike should remain vigilant in monitoring the evolving dynamics of the HDB market in Sengkang as they navigate their property decisions.