3 Room (3A) HDB for Sale in 571 Choa Chu Kang Street 52

The HDB 3 Room property located in Choa Chu Kang presents a unique investment opportunity, given its remaining lease of 86 years. With an estimated value of $543,187, equivalent to $753 per square foot (PSF), this valuation places it within a competitive range in the current market landscape. Notably, the market price reflects a 4.6% difference from the baseline, indicating a modest upward pressure in the locality's property values. This price movement may suggest growing demand for HDB units in Choa Chu Kang, driven by its strategic location and the ongoing urban development initiatives in the area.

However, it is important to note that the model confidence for this valuation is categorized as low, which may be attributed to the limited data set of six recent HDB resale transactions in the vicinity. This caution signals potential volatility and variability in market conditions that could affect future valuations. Prospective buyers and investors should consider these dynamics carefully, particularly the remaining lease of the property, as it plays a crucial role in long-term investment potential and overall property valuation in Singapore's tightly regulated HDB market.