2 Room HDB for Sale in 535 Choa Chu Kang Street 51

The valuation of the HDB 2 Room unit in Choa Chu Kang, with a remaining lease of 84 years, presents an intriguing opportunity in the current Singapore real estate landscape. Estimated at $545,683, or $735 per square foot, this property stands out as a potentially lucrative investment, particularly given its classification as a "Good Deal" with a notable 14.2% difference from the baseline. This valuation is underpinned by three recent HDB resale transactions in the vicinity, which indicate a steady demand for properties in this region, despite the overall market fluctuations.

However, it is crucial to approach this valuation with caution, as the model confidence is rated low. This suggests that while the property may be competitively priced, there are factors that could influence its marketability and future appreciation. The remaining lease of 84 years is a significant consideration, as it may impact buyer sentiment and financing options down the line. Investors and potential homeowners should weigh these elements carefully against the backdrop of Choa Chu Kang's evolving urban landscape and demographic trends, which continue to shape the demand for HDB units in this area.