4 Room (4A) HDB for Sale in 293A Compassvale Crescent

The HDB 4-room flat located in Sengkang, with an impressive remaining lease of 88 years, presents a significant opportunity in the current real estate landscape. With an estimated value of $720,686, equating to $720 per square foot, this property is strategically positioned amidst a vibrant community. The marginal 1.2% variance from the baseline market price suggests a stable demand, indicating that the property is likely well-positioned within a competitive segment of the HDB market.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on only two recent resale transactions in the vicinity. This limited data set may not fully capture the broader market dynamics or the diverse factors influencing buyer sentiment. The current market for HDB flats, particularly in regions like Sengkang, is subject to fluctuations driven by governmental policies, changes in interest rates, and evolving demographic trends. Therefore, while the remaining lease provides a solid foundation for long-term ownership, prospective buyers should remain vigilant and consider conducting further due diligence to assess the potential for future appreciation in this market.