4-Room HDB for Room Rent: 642 Choa Chu Kang Street 64

The valuation of the HDB 4-room unit in Choa Chu Kang, with a remaining lease of 69 years, stands at an estimated value of $108,692, translating to a price per square foot (PSF) of $604. This valuation reflects a market price that is currently stable, with no significant deviation from the baseline, indicating a balanced demand and supply scenario in the local housing market.

It is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset available, with only a single recent HDB resale transaction in the vicinity serving as a reference point. This scarcity of comparative data may contribute to potential fluctuations in the perceived market value, highlighting the inherent risks associated with investing in properties underpinned by a shorter lease term. The 69 years remaining on the lease may also influence buyer sentiment, particularly for those seeking long-term investment stability.