Room (HDB) for Rent in 624A Punggol Central

In the dynamic landscape of Singapore's real estate market, the valuation of the HDB 2-room unit in Punggol, with a remaining lease of 85 years, presents a compelling investment opportunity at an estimated value of $428,061, translating to $796 per square foot. This valuation underscores the resilience of the Punggol district, which has witnessed robust demand, driven by its strategic location and the ongoing development of infrastructure and amenities in the area. The strong market signal, reflecting a 0% difference from the baseline, indicates a stabilizing price trend, suggesting that the property is accurately positioned within the current market context.

The model confidence level is rated as high, bolstered by an analysis of 62 recent HDB resale transactions in the vicinity. This substantial dataset not only reinforces the credibility of the valuation but also highlights the competitive landscape in which similar properties are trading. As Singapore's housing market continues to evolve, the 85-year remaining lease offers potential buyers a significant advantage, providing ample time for appreciation and long-term investment. The Punggol area, characterized by its family-friendly environment and proximity to key amenities, remains a sought-after locale for homeowners and investors alike, ensuring sustained interest in properties like this HDB unit.