Premium HDB for Sale in 217C Compassvale Drive

The valuation of the HDB 5 Room property in Sengkang, with a remaining lease of 90 years, presents a notable opportunity within the current market landscape. Priced at an estimated value of $1,106,388, translating to $918 per square foot, this property stands out with a compelling market signal indicating it as a good deal, reflecting a 14.1% difference from the baseline valuation. Such a margin suggests that the property is competitively priced, offering potential buyers an advantageous entry point into the Sengkang residential market.

However, it is essential to approach this valuation with caution, as the model confidence level is currently rated as low. This rating stems from the reliance on only two recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics or fluctuations. Buyers are encouraged to consider additional factors such as ongoing developments in the area, demographic shifts, and economic indicators that might influence the long-term appreciation of this asset. The remaining 90-year lease enhances the property's appeal, as it provides a substantial window for potential value growth, particularly in a vibrant neighborhood like Sengkang, known for its connectivity and amenities.