4 Room (4A) HDB for Sale in 203A Punggol Field

The valuation of the HDB 4-room property located in Punggol, with a remaining lease of 77 years, stands at an estimated value of $597,270, translating to a price per square foot (PSF) of $653. This valuation is underpinned by thorough analysis and reflects a robust model confidence level categorized as high. The property demonstrates a market price that is just 3.2% above the baseline, indicating a healthy demand trajectory in the Punggol region, which is characterized by its strategic location and evolving infrastructure.

The analytical insights are drawn from a comprehensive review of 72 recent HDB resale transactions within the vicinity, ensuring a representative sample that supports the valuation's accuracy. The remaining lease of 77 years is a significant factor, as properties with longer leases typically exhibit greater resilience in value retention and appeal to a wider pool of buyers. Given the ongoing development initiatives in Punggol, including enhanced connectivity and community amenities, we anticipate continued interest in HDB units in this area, further bolstering the valuation dynamics.