4 Room (4I) HDB for Sale in 785 Choa Chu Kang Drive

The valuation of the HDB 4-room unit in Choa Chu Kang, with a remaining lease of 68 years, stands at an estimated value of $607,184, translating to a price per square foot (PSF) of $508. This valuation reflects a market price that is 3.8% higher than the baseline, indicating a robust demand for HDB units in this region. The high model confidence rating is bolstered by an analysis of 178 recent resale transactions in the vicinity, providing a comprehensive understanding of market dynamics.

In the context of Singapore's property market, the remaining lease plays a critical role in determining value, particularly for HDB properties. With 68 years remaining, this unit strikes a balance between long-term investment potential and affordability, appealing to a wide range of buyers. The slight positive deviation from the baseline price suggests a resilient market trend in Choa Chu Kang, driven by factors such as accessibility, community amenities, and ongoing urban development initiatives in the area. As such, this valuation not only reflects current market conditions but also positions the property favorably for future appreciation.