4-Room HDB for Room Rent: 403 Fernvale Lane

The valuation of the HDB 4-room unit in Sengkang, with a remaining lease of 76 years, stands at an estimated value of $62,488, translating to a price per square foot (PSF) of $625. This valuation is particularly significant as it reflects a market price that remains stable, showing a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply equilibrium in the HDB resale market within this locality, indicative of sustained buyer interest and confidence in the area.

Our analysis is supported by a robust dataset comprising 131 recent HDB resale transactions in the vicinity, which enhances the model's confidence level to high. This strong confidence underscores the reliability of the valuation and the attractiveness of the property as an investment option. With 76 years remaining on the lease, the property offers potential homeowners or investors ample time to benefit from the asset's appreciation while navigating through the evolving landscape of Singapore's real estate market.