4 Room (4A) HDB for Rent in 684C Choa Chu Kang Crescent

The valuation of the 4-room HDB property in Choa Chu Kang, with a remaining lease of 73 years, stands at an estimated value of $382,805, translating to $560 per square foot (PSF). This assessment reflects a market equilibrium, with no discernible difference from the baseline price, indicating a stable demand and supply dynamic within this particular segment of the HDB market. The current valuation is underpinned by two recent resale transactions in the vicinity, providing a narrow yet insightful lens into the ongoing market conditions.

However, it is important to note that the model confidence for this valuation is categorized as low, suggesting potential volatility and a degree of uncertainty in the accuracy of the price estimation. The remaining lease of 73 years is a critical factor in the valuation, as properties with shorter leases tend to attract lower prices and may experience diminished buyer interest over time. In the context of Choa Chu Kang, the interplay between lease duration and market sentiment will be pivotal in determining future price trajectories and investment viability.