Premium HDB for Rent in 638A Punggol Drive

The valuation of the HDB 4-room unit in Punggol, with a remaining lease of 78 years, stands at an estimated value of $870,399, translating to a price per square foot of $722. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such a stable market signal suggests that the property is currently in equilibrium, presenting a strong case for both buyers and sellers in the competitive HDB market of Singapore.

Our analysis is supported by a robust dataset comprising 500 recent HDB resale transactions in the vicinity, underscoring the reliability of this valuation. With a high model confidence rating, the valuation captures the essence of current market dynamics in Punggol, a district known for its rapid development and burgeoning amenities. The remaining lease of 78 years is a significant factor in this valuation, as properties with longer leases typically attract more interest and command higher prices, thus ensuring that this HDB unit remains an appealing option for prospective homeowners and investors alike.