5 Room (5A) HDB for Sale in 434B Fernvale Road

The valuation of the HDB 5-room unit in Sengkang, with a remaining lease of 84 years, stands at an estimated value of $894,587, translating to a price per square foot of $742. This appraisal reflects a significant market signal, indicating that the property is considered a Good Deal with a notable 12.8% difference from the baseline. Such an attractive valuation suggests a favorable entry point for potential buyers, especially in a competitive residential market.

However, it is crucial to note that the model confidence for this valuation is categorized as Low, primarily due to the reliance on only two recent HDB resale transactions in the vicinity. This limited data set may not fully encapsulate the broader market dynamics at play. The Sengkang area, known for its vibrant community and accessibility, continues to attract interest, yet buyers should remain vigilant about the potential volatility associated with HDB leases and the fluctuations in demand within the segment. As the remaining lease is a critical component influencing resale value, prospective investors should consider both the longevity of the lease and the surrounding market trends before making a decision.