Executive HDB for Sale in 114 Edgefield Plains

The valuation of the HDB Executive unit located in Punggol, with a remaining lease of 74 years, stands at an estimated value of $830,756, translating to a price per square foot (PSF) of $594. This valuation is reflective of current market dynamics, where a 2.3% difference from the baseline price indicates a relatively stable market condition, albeit with caution advised due to the low confidence level of our model in this assessment.

Analysis of recent HDB resale transactions in the vicinity, amounting to five in total, suggests a nuanced understanding of the Punggol real estate landscape. The remaining lease duration is a critical factor for potential buyers, as properties with shorter leases tend to experience depreciation in value as the lease term diminishes. Conversely, the current valuation suggests a resilient demand for HDB Executive units in Punggol, a region that has seen significant development and urban planning initiatives aimed at enhancing livability and accessibility. As such, while the model confidence remains low, the slight premium above baseline reinforces the property's appeal amidst evolving market conditions.