Common Room (HDB) for Rent in 308B Tengah Park Avenue

The HDB 2-room unit located in Choa Chu Kang, with a remaining lease of 97 years, has been valued at an estimated price of $85,212, translating to a price per square foot (PSF) of $710. This valuation reflects a notable alignment with the current market price, indicating a 0% variance from the baseline. Such stability in pricing suggests a balanced demand and supply dynamic within the HDB sector in this region, making it a prudent investment opportunity for potential buyers.

The model confidence associated with this valuation is rated as high, bolstered by an analysis of 22 recent HDB resale transactions in the vicinity. This robust dataset provides a sound foundation for the estimated value, reinforcing the integrity of the pricing metrics. As the market for HDB properties continues to evolve, the longevity of the remaining lease is a critical factor enhancing the attractiveness of the property, as it assures potential buyers of sustained value retention over time.