Common Room (4A) HDB for Rent in 451B Sengkang West Way

The valuation of the 4-room HDB property in Sengkang, with a remaining lease of 86 years, stands at an estimated value of $61,243, translating to a price per square foot (PSF) of $645. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable pricing environment within the local real estate landscape. Given the extended remaining lease, this property holds potential for long-term appreciation, particularly as Sengkang continues to evolve into a vibrant residential hub.

However, it's essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a singular recent resale transaction in the vicinity. This limited data point suggests that while the current market price aligns with expectations, there may be fluctuations in demand that could impact future valuations. Investors and homeowners should remain attentive to broader market trends and local developments that could influence the desirability of HDB properties in Sengkang.