4-Room HDB for Room Rent: 453B Fernvale Road

The valuation of the HDB 4 Room unit in Sengkang, with a remaining lease of 88 years, is currently estimated at $146,203, translating to a price per square foot (PSF) of $731. This valuation reflects a market signal indicating a zero percent difference from the baseline, suggesting that the property is aligned with current market expectations. The stability in pricing could be attributed to a combination of factors, including the ongoing demand for HDB units in the Sengkang area, which remains a desirable locale for both families and investors.

However, it is important to note that the model confidence for this valuation is categorized as low, which indicates a degree of uncertainty in the underlying data. The valuation is supported by only two recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of market trends. As such, potential buyers and investors should approach this valuation with a nuanced understanding of the local market dynamics and be aware of the implications of the remaining lease period on future resale potential.