5 Room (5I) HDB for Sale in 487C Choa Chu Kang Avenue 5

The HDB 5-room property located in Choa Chu Kang presents an attractive investment opportunity with an estimated value of $732,816, translating to a price per square foot (PSF) of $603. This valuation reflects a 9.3% difference from the baseline, categorizing it as a good deal within the current market landscape. The remaining lease of 87 years adds to the appeal, as properties with extended leases typically command better buyer interest and stability in value appreciation over time.

Despite the favorable valuation, it is important to note that the model confidence remains low, indicating potential volatility in the market sentiment. This assessment is derived from a modest sample size of 7 recent HDB resale transactions in the vicinity, suggesting that while the current valuation appears attractive, fluctuations in buyer activity or external economic factors could influence future price dynamics. Investors and potential homeowners should consider these elements in conjunction with the property’s lease duration and the prevailing market conditions in Choa Chu Kang.