(HDB) for Sale in 204A Punggol Field

The valuation of the 5-room HDB unit in Punggol, with a remaining lease of 77 years, reflects a nuanced understanding of the current market dynamics and property trends in the region. With an estimated value of $755,029, translating to $638 per square foot (PSF), this property is positioned competitively in the market. The analysis indicates a market signal categorized as a "Good Deal," showcasing an 8.9% variation from the baseline value. Such a differential suggests that the property is attractively priced, potentially enticing buyers who are looking for value amidst the fluctuating real estate landscape.

However, it is essential to note the model confidence associated with this valuation is categorized as low, primarily due to the limited data set, which is grounded in only one recent HDB resale transaction within the vicinity. This lack of extensive transactional data implies that while the pricing appears favorable, it may not fully encapsulate broader market trends or shifts in buyer sentiment. Investors and homeowners should consider the implications of the remaining lease, as a 77-year tenure can influence future resale potential, particularly in a rapidly evolving neighborhood like Punggol, known for its developmental progress and infrastructural advancements.