3 Room (3A) HDB for Sale in 622A Punggol Central

The valuation of the HDB 3-room unit in Punggol, estimated at $568,771 or $771 PSF, reflects a nuanced understanding of the current market dynamics and the property's remaining lease of 85 years. This valuation positions the property competitively within the local market, with a negligible variance of 0.1% from the baseline market price, indicating stable demand and pricing resilience in this rapidly evolving neighborhood.

Our analysis is underpinned by a review of six recent HDB resale transactions within the vicinity. While the model confidence is categorized as low, this is indicative of potential fluctuations and varying buyer sentiment in the area. It is essential to recognize that the longevity of the lease, coupled with the ongoing development of Punggol as a vibrant residential hub, may present both opportunities and challenges for prospective buyers and investors. Such factors should be carefully weighed when considering this property as part of a broader investment strategy.