4 Room (4A) HDB for Sale in 604A Punggol Road

The valuation analysis for the HDB 4-room unit in Punggol, with a remaining lease of 83 years, presents a nuanced perspective on its investment potential. With an estimated value of $734,735, translating to approximately $734 per square foot (PSF), the property positions itself as a commendable opportunity in the current market landscape. This valuation reflects a significant 10.2% differential from baseline pricing, categorizing it as a 'Good Deal' for prospective buyers.

However, it is crucial to note the model confidence for this valuation is classified as low, which suggests the need for cautious consideration. The analysis is informed by four recent HDB resale transactions in the vicinity; while they provide a relevant comparative framework, the variability in market conditions and buyer sentiment must be accounted for. As the Punggol area continues to develop, the extended lease period enhances the property's appeal, yet fluctuations in demand due to external economic factors could impact future resale values. Investors should weigh these dynamics carefully against their long-term objectives.