Common Room (HDB) for Rent in 117 Edgefield Plains

The valuation of the HDB 2 Room unit in Punggol, with a remaining lease of 74 years, stands at an estimated value of $98,093, translating to a price per square foot (PSF) of $817. This assessment reflects a market equilibrium, as the estimated value aligns perfectly with the baseline market price, indicating a 0% difference. Such stability in pricing suggests that this property remains highly competitive within the current market landscape, characterized by robust demand and limited supply.

With a high model confidence level, this valuation is substantiated by a thorough analysis of 173 recent HDB resale transactions in the vicinity. The Punggol area continues to experience a positive market sentiment, driven by its strategic location and ongoing developments that enhance the overall livability and desirability of the neighborhood. The remaining lease of 74 years further adds a layer of security for potential buyers, as it provides ample duration for appreciation and personal use, making this property an attractive investment opportunity in the current Singapore real estate market.