4 Room (4A) HDB for Rent in 297B Compassvale Street

The valuation of the HDB 4 ROOM unit in Sengkang, with a remaining lease of 74 years, has been estimated at $651,624, translating to $651 PSF. This price reflects a market signal with a 0% difference from the baseline, indicating that the unit's valuation is in alignment with current market trends. However, it is important to note that the model confidence is classified as low, primarily due to the reliance on only one recent resale transaction in the vicinity. This limited data points to a potential volatility in the market, which should be taken into account by prospective buyers and investors.

The remaining lease of 74 years is a critical factor influencing the valuation of this property. In Singapore's HDB market, properties with shorter leases tend to experience depreciation in value, while those with longer leases are generally more attractive to buyers. As the lease period decreases, the prospects for future appreciation diminish, which could affect resale potential. Furthermore, the current stability in pricing suggests that the market may be in a transitional phase, possibly awaiting more transactions to solidify a more reliable price benchmark. Buyers should remain vigilant and consider these dynamics when evaluating the potential of this HDB unit in Sengkang.