4 Room (4STD) HDB for Rent in 414 Choa Chu Kang Avenue 4

The valuation of this HDB 4-room unit in Choa Chu Kang, with a remaining lease of 64 years, stands at an estimated value of $96,047, translating to a price per square foot (PSF) of $480. This pricing reflects a market signal indicating a 0% difference from the baseline, suggesting that the unit is currently positioned at a neutral point relative to prevailing market trends. Given the low model confidence derived from only one recent resale transaction in the vicinity, it is crucial to approach this valuation with caution, as such a limited data point may not fully encapsulate the broader market dynamics.

The remaining lease of 64 years is a significant factor in the valuation, as HDB properties in Singapore typically experience depreciation as they approach the end of their lease term. Buyers in the market are increasingly discerning, often factoring in the lease duration when considering their investments. As such, the stable pricing observed in this instance may suggest a cautious optimism among potential buyers, or a reflection of the specific demand and supply conditions within Choa Chu Kang. Nevertheless, with current market signals indicating a lack of upward momentum, stakeholders should remain vigilant regarding future market developments and the potential impact on property values.