Common Room (HDB) for Rent in 436B Fernvale Road

The valuation of the HDB 2 Room unit in Sengkang, with a remaining lease of 81 years, stands at an estimated value of $119,103, translating to a price per square foot (PSF) of $794. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand and supply equilibrium in the current market landscape. The strong model confidence, rated as high, underscores the reliability of this valuation, which is supported by a robust dataset of 146 recent HDB resale transactions in the vicinity.

In the context of Singapore's dynamic housing market, the longevity of the lease and the strategic location of Sengkang play pivotal roles in influencing property values. With 81 years remaining on the lease, this HDB unit offers potential homeowners and investors a significant window for appreciation, especially in a region that continues to see infrastructural developments and population growth. The absence of deviation from the baseline price suggests that the local market remains resilient, reflecting buyer sentiment that is both cautious and optimistic. This balance positions the property as a desirable option for those looking to enter the HDB market in Singapore.