5 Room (5I) HDB for Sale in 404B Fernvale Lane

The valuation of the HDB 5 Room property in Sengkang, with a remaining lease of 76 years, stands at an estimated value of $668,870, translating to a price per square foot (PSF) of $545. This valuation is notably above the market baseline, indicating a substantial premium of 14.8% relative to comparable transactions in the area. Such a significant deviation from the baseline suggests a potential demand for properties in this locale, driven by the appealing characteristics of the unit and the surrounding amenities.

However, it is essential to note that the model confidence for this valuation is categorized as low, based on insights drawn from only six recent HDB resale transactions in the vicinity. This limited dataset may not fully encapsulate the nuances of the local market, especially considering the impact of external factors such as economic conditions, demographic shifts, and governmental policies affecting HDB transactions. Investors and homeowners should approach this valuation with careful consideration of these market dynamics and the implications of the remaining lease term on long-term property value.