Premium HDB for Rent in 306C Punggol Place

The valuation of the HDB 4-room unit located in Punggol, with a remaining lease of 83 years, is estimated at $805,844, translating to a price per square foot (PSF) of $772. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for residential units in this burgeoning district. Punggol's evolving infrastructure and community amenities contribute to its appeal, making it a favorable choice for families and young professionals alike.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of transaction data may suggest potential volatility in market sentiment or fluctuations in buyer interest. As Punggol continues to develop, monitoring future transactions will be crucial to understanding how market dynamics will influence property values in the area, particularly as the remaining lease period also plays a significant role in buyer perception and investment decisions.