Common Room (HDB) for Rent in 307C Tengah Drive

The valuation of the HDB 2 Room property located in Choa Chu Kang reflects a robust market position, with an estimated value of $42,606, translating to a price per square foot of $710. This valuation is particularly noteworthy due to the property’s remaining lease of 97 years, which positions it favorably in terms of longevity and potential appreciation in value. With a high model confidence rating, the analysis is underpinned by a comprehensive review of 22 recent HDB resale transactions in the vicinity, ensuring a solid foundation for this valuation.

Market indicators suggest a stable environment, as the estimated value aligns with the baseline market price, resulting in a 0% difference. This stability is indicative of a balanced supply and demand dynamic within the Choa Chu Kang area, where potential buyers are actively engaging with the market. The resilience of the HDB market in this region, combined with the extended lease period, enhances investor confidence and positions this property as a sound investment opportunity in Singapore's evolving real estate landscape.