4 Room (4STD) HDB for Rent in 310A Punggol Walk

The valuation of the 4-room HDB flat in Punggol, set at an estimated value of $780,380 or $788 PSF, reflects a nuanced interplay of market dynamics and property specifics. With a remaining lease of 89 years, this property stands in a competitive position within the Punggol district, which has been experiencing a steady influx of buyers drawn to its evolving infrastructure and community amenities. The valuation indicates a market price that is aligned with the baseline, showcasing a stabilizing trend in the HDB resale market, albeit with a low model confidence suggesting potential volatility in buyer sentiment.

Recent transactions within the vicinity provide a crucial context for this valuation. The analysis, based on three comparable HDB resale transactions, illustrates a cautious yet optimistic outlook for the area. Buyers may be incentivized by the relatively long remaining lease, which often appeals to families seeking stability in their living arrangements. However, the low confidence level in the model indicates that external factors, such as economic fluctuations and shifts in buyer preferences, could significantly influence future valuations. As such, stakeholders should remain vigilant and adapt to the evolving landscape of the Punggol property market.