4-Room HDB for Room Rent: 166B Punggol Central

The current valuation of the 4-room HDB unit in Punggol, with a remaining lease of 76 years, stands at an estimated value of $62,483, translating to a price per square foot (PSF) of $625. This valuation has been meticulously derived from an analysis of 51 recent HDB resale transactions within the vicinity, showcasing a robust dataset that enhances the reliability of our assessment. Notably, the market price reflects a 0% difference from the baseline, indicating a stable market condition without significant fluctuations in demand or supply for similar properties in the immediate area.

The strong model confidence rating of "High" further underscores the accuracy of this valuation, suggesting that the property's pricing aligns well with prevailing market trends and buyer sentiment. As Punggol continues to evolve as a desirable residential hub, characterized by its strategic location and community amenities, the remaining lease of 76 years adds a layer of appeal for potential buyers, who often prioritize longevity in their property investments. This combination of favorable lease duration and stable market dynamics positions this HDB unit as a compelling opportunity for discerning investors seeking to navigate Singapore's dynamic real estate landscape.