4 Room (4A) HDB for Rent in 210C Compassvale Lane

The recent valuation of the HDB 4 Room unit in Sengkang, with a remaining lease of 84 years, stands at an estimated value of $694,447 or $694 PSF. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable market condition without significant volatility in pricing. The stability in the current market can be attributed to the recent transactions in the vicinity, which serve as a critical benchmark for assessing the property’s value.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset of only two recent HDB resale transactions in the area. This suggests that while the current price is reflective of the market dynamics, fluctuations could occur with changes in buyer sentiment or any shifts in macroeconomic factors. The remaining lease of 84 years also plays a crucial role in the valuation, as properties with longer leases typically command higher buyer interest, potentially influencing future resale prospects.