Premium HDB for Sale in 434B Fernvale Road

The valuation of the HDB 4 Room unit in Sengkang, with a remaining lease of 84 years, stands at an estimated value of $655,319, translating to a price per square foot (PSF) of $648. This assessment indicates a market signal that is above the baseline by 6.1%, suggesting a premium positioning relative to comparable properties in the vicinity. Such a valuation reflects the ongoing demand for HDB units in Sengkang, a neighbourhood known for its family-friendly amenities and connectivity.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the limited data pool, with only two recent HDB resale transactions informing this assessment. This lack of robust transaction history may result in volatility in market pricing and potential fluctuations in value as more data becomes available. Investors and potential buyers should consider the implications of the remaining lease on the long-term investment potential, especially in a market where lease decay can subtly influence desirability and pricing strategies.