5 Room (5I) HDB for Rent in 213C Punggol Walk

The valuation of the HDB 5-room unit in Punggol, with a remaining lease of 86 years, stands at an estimated value of $884,405, translating to a price per square foot (PSF) of $727. This valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference. Such stability suggests that the property is competitively priced within the current market dynamics, particularly given the historical trends observed in the Punggol region.

It is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset derived from only three recent HDB resale transactions in the vicinity. This scarcity of comparative sales data may introduce a degree of uncertainty in the valuation process. Nonetheless, the remaining lease of the property, at 86 years, offers a substantial tenure that is appealing to potential buyers, particularly in a market where leasehold dynamics play a critical role in decision-making. As Punggol continues to mature as a vibrant residential district, the long lease term combined with steady pricing may serve to attract discerning buyers seeking both longevity and value in their investment.