Common Room (HDB) for Rent in 117 Edgefield Plains

The valuation of the 4-room HDB unit in Punggol, estimated at $86,678 or $722 PSF, reflects a stable market position with a 0% differential from the baseline price. This indicates that the property is priced in line with current market trends, suggesting a balanced demand and supply scenario in the Punggol area. Given the remaining lease of 74 years, this unit appeals to a diverse demographic, particularly young families and first-time buyers who are looking for affordable housing options within a well-connected locality.

Our analysis, based on 500 recent HDB resale transactions in the vicinity, exhibits a high level of confidence in the model's valuation. The Punggol region, known for its development and amenities, continues to demonstrate resilience in the HDB market. Factors such as evolving urban infrastructure, proximity to essential services, and recreational facilities contribute to the attractiveness of this property. As Punggol solidifies its status as a vibrant residential hub, the current valuation underscores not only the property's immediate market standing but also its potential for appreciation in the years to come.