5-Room HDB for Room Rent: 130 Edgedale Plains

The valuation of the HDB 5-room unit in Punggol, with a remaining lease of 75 years, stands at an estimated value of $90,552, translating to a price per square foot (PSF) of $539. This valuation indicates a stable market position, with a market price reflecting a 0% difference from the baseline. Such stability suggests that the property is aligned with current market expectations, although the model confidence is rated as low, indicating potential volatility in future market assessments.

The Punggol area has seen a range of recent HDB resale transactions, with the valuation based on three comparable sales in the vicinity. This limited dataset may contribute to the low confidence level in the model, as variations in property conditions, buyer sentiment, and specific lease terms can significantly affect pricing outcomes. Given the remaining lease of 75 years, prospective buyers may need to consider the implications of leasehold dynamics on long-term investment value and resale potential. Overall, while the current valuation is stable, market participants should remain vigilant of external factors that may influence future market conditions.