3-Room HDB for Room Rent: 113A Plantation Crescent

The valuation of the HDB 3-room property located in Choa Chu Kang, with a remaining lease of 96 years, stands at an estimated value of $6,298,991, translating to a price per square foot (PSF) of $629. This valuation reflects a stable market condition, with the current market price indicating a 0% difference from the established baseline. This equilibrium in pricing suggests a well-balanced demand and supply scenario, reinforcing the property’s competitive standing in the market.

Having been derived from an analysis of 157 recent HDB resale transactions in the vicinity, this valuation benefits from a high model confidence level. The substantial remaining lease of 96 years further enhances the property’s desirability, aligning with buyer preferences for longevity and stability in tenure. In the context of Singapore's dynamic real estate landscape, this HDB unit not only exemplifies a prudent investment opportunity but also signifies the resilient nature of the HDB market, especially in established neighborhoods such as Choa Chu Kang.