5 Room (5I) HDB for Sale in 193 Edgefield Plains

The valuation of the HDB 5 Room property in Punggol, with a remaining lease of 76 years, stands at an estimated value of $710,971 or $600 PSF. This valuation is indicative of the current market dynamics in the vicinity, where recent resale transactions reflect a robust demand for HDB properties, particularly in well-established neighborhoods like Punggol. The high model confidence rating, derived from an analysis of 231 recent HDB resale transactions, reinforces the reliability of this valuation, highlighting the property's competitive standing within the local market.

Notably, the property is currently priced 5.5% above the market baseline, suggesting a premium positioning that could be attributed to its favorable lease terms and the overall appeal of the Punggol area as a vibrant residential community. As such, this valuation signals strong investor sentiment and buyer interest, further emphasizing the importance of lease duration in shaping property values. The remaining lease of 76 years provides a substantial timeframe for potential owners, making it an attractive option for families and investors alike in a market that increasingly values longevity and sustainability in residential living.