4 Room (4I) HDB for Rent in 613D Punggol Drive

The valuation of the HDB 4-room unit in Punggol, with an estimated value of $759,240, reflects a stable market sentiment with a price per square foot (PSF) of $758. This valuation is particularly noteworthy given the remaining lease of 85 years, which positions the property favorably in terms of long-term investment potential. The 0% difference from the baseline market price indicates a balanced equilibrium, suggesting that the current listing is in alignment with prevailing market trends and buyer expectations.

However, it is essential to note the low model confidence associated with this valuation, which stems from the limited data set of only two recent HDB resale transactions in the vicinity. Such a small sample size may not fully capture the broader market dynamics at play, particularly in a rapidly evolving district like Punggol. As the area continues to develop and attract new residents, fluctuations in demand and supply could impact future valuations. Therefore, prospective buyers should remain vigilant and consider additional factors such as upcoming infrastructure developments and demographic shifts that may influence market conditions in the near term.