Executive HDB for Rent in 637 Choa Chu Kang North 6

The valuation of the HDB Executive unit in Choa Chu Kang, with a remaining lease of 69 years, stands at an estimated value of $876,884, equating to $570 PSF. This assessment indicates a market price that aligns closely with the baseline, reflecting a 0% difference. Such stability in pricing suggests a balanced demand and supply dynamic, underscoring the resilience of the HDB market in this area. However, it's important to note that the model confidence is rated as low, which may imply potential fluctuations in the valuation due to limited transaction data.

The reliance on only two recent HDB resale transactions as a basis for this valuation further stresses the need for caution. While this sample provides insight into current market trends, it may not sufficiently represent the broader market sentiment or the potential for future price movements. As the remaining lease of 69 years indicates, prospective buyers should consider the lease decay factor that might influence long-term value appreciation. Overall, while the current valuation appears stable, investors should remain vigilant regarding market dynamics and forthcoming trends that could impact the resale potential of HDB units in Choa Chu Kang.