5 Room (5A) HDB for Rent in 639 Choa Chu Kang Street 64

The valuation of the 5-room HDB unit in Choa Chu Kang, with a remaining lease of 69 years, stands at an estimated value of $678,022, translating to a price per square foot of $520. This valuation reflects a critical analysis of the current market dynamics within the vicinity, showcasing a market price that aligns perfectly with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand and supply scenario, providing a solid foundation for potential buyers and investors.

With a high model confidence rating, derived from an extensive review of 222 recent HDB resale transactions in the area, this valuation underscores the resilience of the HDB market in Choa Chu Kang. The remaining lease period of 69 years is a significant factor, as it positions the property favorably for both owner-occupiers and long-term investors seeking to capitalize on the area's growth potential. As urban development continues to evolve in Singapore, properties like this 5-room HDB unit are well-poised to maintain their value, supported by robust community amenities and accessibility.