4 Room HDB for Sale in 484D Choa Chu Kang Avenue 5

The valuation of the HDB 4-room flat in Choa Chu Kang, with an estimated value of $626,393 ($492 PSF), reflects a nuanced understanding of the current market dynamics within this suburban district. With a remaining lease of 70 years, potential buyers may find the longevity of the lease appealing, especially in the context of Singapore's housing landscape, where leasehold properties typically garner interest based on their remaining duration. However, the market signal indicates that this property is priced above the market average by 5.4%, suggesting that the current valuation may be influenced by unique selling points or recent comparable sales that have set a premium benchmark in the area.

Despite the attractive location and the inherent advantages of a 4-room configuration, the model confidence for this valuation is assessed as low, indicating potential volatility and variability in the local market. The analysis is based on six recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market sentiment or potential economic factors influencing buyer behavior. As such, stakeholders should consider these elements critically, particularly in a rapidly evolving market where leasehold properties can experience significant fluctuations in demand and valuation based on broader economic indicators and local housing policies.