4-Room HDB for Room Rent: 297D Choa Chu Kang Avenue 2

The valuation of the 4-room HDB unit in Choa Chu Kang, with a remaining lease of 71 years, stands at an estimated value of $25,491, translating to a price per square foot (PSF) of $510. This valuation reflects a careful analysis of the current market dynamics, indicating no deviation from the baseline market price. The strong alignment with the market benchmark signals stability in demand for HDB properties in this district, suggesting that buyers are willing to meet the asking price without negotiating downward.

Furthermore, our model confidence is rated as high, grounded in an extensive dataset of 173 recent HDB resale transactions within the vicinity. This robust dataset enables a reliable valuation framework, showcasing the relevance of local market trends and buyer sentiment. With the remaining lease of 71 years, this property is positioned well in the market, appealing to prospective homeowners and investors alike who prioritize long-term value retention and community living in a well-established estate.