4-Room HDB for Room Rent: 317A Tengah Road

The HDB 4-room property located in Choa Chu Kang, with a remaining lease of 97 years, presents a compelling valuation of $71,354, translating to a price per square foot (PSF) of $549. This valuation is indicative of a stable market signal, reflecting a 0% difference from the baseline, which suggests that the property is competitively priced in relation to recent market trends and similar transactions within the vicinity.

Our analysis is bolstered by a robust dataset comprising 495 recent HDB resale transactions in the area, allowing for a high model confidence in this valuation. The longevity of the remaining lease plays a pivotal role in maintaining the property’s value, as the extended lease term appeals to both families and investors seeking long-term stability in their housing investments. Furthermore, the performance of the Choa Chu Kang region continues to resonate well with potential buyers, as it balances affordability with accessibility to essential amenities and transportation links.