Common Room (HDB) for Rent in 293 Punggol Central

The valuation of the HDB 2 Room unit in Punggol, with a remaining lease of 76 years, stands at an estimated value of $137,091, translating to a price per square foot (PSF) of $857. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment in the area. The model confidence is rated as high, bolstered by a robust dataset comprising 168 recent HDB resale transactions in the vicinity, which underscores the reliability of the valuation metrics.

In the context of Singapore's evolving property landscape, Punggol's HDB market remains resilient, particularly for properties with substantial remaining leases. The 76-year lease provides potential buyers with a reassuring tenure, particularly appealing to young families and first-time homeowners. Given the area's ongoing infrastructural developments and community enhancements, the flat's valuation is indicative of sustained demand, suggesting that this property not only represents a sound investment but also aligns with the broader trends in HDB ownership and market sentiment.