4-Room HDB for Room Rent: 490 Choa Chu Kang Avenue 5

The valuation of the 4-room HDB unit in Choa Chu Kang, currently estimated at $70,361 or $550 PSF, reflects a stable market condition with a 0% difference from the baseline price. This valuation is anchored by a comprehensive analysis of 495 recent HDB resale transactions in the vicinity, providing a robust dataset that bolsters confidence in this assessment. The high model confidence indicates that the valuation is not only reflective of current market trends but also aligned with the broader economic fundamentals impacting the HDB market in Singapore.

With a remaining lease of 88 years, this property holds significant longevity in terms of leasehold value, making it an attractive option for both homeowners and investors alike. The Choa Chu Kang area is known for its emerging developments and community facilities, which continue to enhance the desirability of HDB living in this region. As such, the current valuation signifies not just the present market dynamics but also the enduring potential of HDB properties as a sound investment, even amidst fluctuating economic conditions.