4 Room (4A) HDB for Rent in 444 Choa Chu Kang Avenue 4

The valuation of the HDB 4-room unit in Choa Chu Kang, with a remaining lease of 69 years, stands at an estimated value of $512,578, translating to a price per square foot (PSF) of $476. This assessment indicates a market price that is aligned with the baseline, suggesting a stable demand in the vicinity despite a low confidence level in the model's accuracy. The valuation is derived from an analysis of two recent resale transactions in the area, which may not provide a comprehensive overview of market dynamics.

In the current real estate landscape of Singapore, particularly in the HDB segment, properties with longer remaining leases are increasingly sought after by prospective buyers. The 69-year balance on this unit's lease aligns well with the preferences of younger families and first-time home buyers. However, the low model confidence reflects potential volatility in the local market, influenced by macroeconomic factors and buyer sentiment. As we continue to monitor market trends, it is essential to remain vigilant regarding shifts in demand, especially in regions like Choa Chu Kang, which boast significant amenities and connectivity.