Common Room (HDB) for Rent in 612 Choa Chu Kang Street 62

The valuation of the HDB 2 Room unit in Choa Chu Kang, with a remaining lease of 67 years, is estimated at $65,927, translating to a price per square foot of $680. This valuation reflects a stable market signal, indicating no significant deviation from the baseline price, which suggests a balanced demand and supply dynamic in this locality. The high confidence level of the model, supported by data from 22 recent HDB resale transactions in the vicinity, underlines the reliability of this valuation and the consistency of property values within Choa Chu Kang.

Investors and homeowners alike should note that the remaining lease of 67 years positions this property within a favorable window for potential appreciation, given the ongoing demand for HDB flats in this region. The analysis indicates that properties with similar lease durations have been maintaining their values, providing a sense of security for prospective buyers. As Choa Chu Kang continues to develop into a vibrant residential hub, the resilience of HDB values in this area is expected to remain robust, further enhancing the attractiveness of this investment opportunity.